Module: General Practice
Q44: In February 2025, which category of banks was newly permitted to offer pre-sanctioned credit lines on UPI?
✅ Correct Answer: A
Initially limited to Scheduled Commercial Banks, the facility to link pre-sanctioned credit lines to UPI was extended in February 2025 to include Small Finance Banks (SFBs). This expansion of credit access is a key update in the RBI's Payment Systems Report - June 2025.