Current Affairs · Banking and Economy
Regarding the RBI mandate effective July 2025 on high-value government payments processed through the e-Kuber system, which of the following statements is/are correct? Testbook1. From July 16, all government payments above ₹100 crore must be processed through RBI's e-Kuber system to enhance transparency and expedite fund reconciliation. Testbook2. Previously, only payments exceeding ₹500 crore were required to go through e-Kuber, but the threshold has now been lowered to ₹75 crore. Testbook3. The RBI plans to gradually reduce the payment threshold for e-Kuber processing to ₹50 crore, aiming to cover all payments above this amount under the system.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2
- 2Only 3
- 3Both 2 and 3✓
- 4Only 1
Correct answer
Both 2 and 3
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