Banking · Payment Systems in India
What is the per-transaction limit for Immediate Payment Service (IMPS) transactions for instant domestic fund transfers as prescribed by NPCI?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1No upper limit is prescribed
- 2Rs. 5 lakh✓
- 3Rs. 2 lakh
- 4Rs. 10 lakh
Correct answer
Rs. 5 lakh
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Payment Systems in India MCQs →Want more practice questions on Payment Systems in India?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Payment Systems in India