General Studies · Customer Protection
Under the RBI’s harmonised framework for failed transactions, what is the maximum turnaround time (TAT) allowed to process refunds for most failed digital transactions before a penalty applies?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1T + 5 days
- 2T + 3 days
- 3T + 2 days✓
- 4T + 1 day
Correct answer
T + 2 days
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