Module: General Practice
Q43: To encourage the use of UPI Lite, what were the per-transaction and total limits enhanced to, in December 2024?
✅ Correct Answer: A
To encourage the adoption of UPI Lite, the limits were enhanced in December 2024.
The per-transaction limit was increased to ₹1,000, and the total limit was increased to ₹5,000.
These regulatory enhancements are detailed in the RBI's Payment Systems Report - June 2025.
The per-transaction limit was increased to ₹1,000, and the total limit was increased to ₹5,000.
These regulatory enhancements are detailed in the RBI's Payment Systems Report - June 2025.