Current Affairs · UPI Transaction Limits
Consider the following statements regarding the enhanced UPI transaction limits announced by the National Payments Corporation of India (NPCI) for specific payment categories: 1. NPCI raised the per-transaction limit for UPI to Rs 5 lakh specifically for tax payments. 2. The enhanced limit of Rs 5 lakh per transaction is also extended to other critical categories such as hospitals and educational institutions. 3. These enhanced limits apply uniformly to all Person-to-Person (P2P) transfers. Which of the statements given above is/are correct?
- 11 and 2 only✓
- 23 only
- 32 and 3 only
- 41 and 3 only
Correct answer
1 and 2 only
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