Current Affairs · Banking and Regulatory Frameworks
Under the Digital Payments – E-Mandate Framework, which combination correctly identifies the standard transaction threshold without Additional Factor of Authentication (AFA), the expanded threshold without AFA, and the specific payment categories exclusively reserved for this expanded limit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹25,000; ₹1,00,000; Mutual fund subscriptions, credit card bill payments, and tax payments
- 2₹15,000; ₹1,00,000; Insurance premiums, mutual fund subscriptions, and credit card bill payments✓
- 3₹15,000; ₹50,000; Insurance premiums, loan EMIs, and utility bill payments
- 4₹10,000; ₹50,000; Loan EMIs, utility bill payments, and tax payments
Correct answer
₹15,000; ₹1,00,000; Insurance premiums, mutual fund subscriptions, and credit card bill payments
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