Economics · Monetary Policy and Banking
What is the prescribed minimum and maximum limit per transaction for Real Time Gross Settlement (RTGS) in India?
- 1Minimum 10 Lakh INR and no maximum upper limit
- 2Minimum 5 Lakh INR and maximum 50 Lakh INR
- 3Minimum 2 Lakh INR and no maximum upper limit✓
- 4Minimum 1 Lakh INR and no maximum upper limit
Correct answer
Minimum 2 Lakh INR and no maximum upper limit
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