What is the upper limit of a ‘UPI Lite’ payment transaction? [A] Rs 100[B] Rs 200[C] Rs 500[D] Rs 1000
Option B) Rs 200 .National Payments Corporation of India (NPCI) is set to launch UPI Lite, which would enable small value transactions in an offline mode. The upper limit of an UPI Lite payment transaction will be Rs 200. The total limit of UPI Lite balance for an on-device wallet will be Rs 2,000 at any point of time.
