Current Affairs · Banking Regulations
Under the National Automated Clearing House (NACH) mandate framework, what is the maximum transaction limit (upper limit) set by the Reserve Bank of India for a single recurring payment transaction?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 10 lakh✓
- 2Rs. 5 lakh
- 3Rs. 1 lakh
- 4Rs. 25 lakh
Correct answer
Rs. 10 lakh
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