Current Affairs · Banking Regulations and Digital Payments
Under the updated Reserve Bank of India (RBI) consolidated e-mandate framework, what is the standard threshold for recurring digital payments that can be processed without requiring an OTP?
- 1₹1,00,000
- 2₹15,000✓
- 3₹10,000
- 4₹5,000
Correct answer
₹15,000
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