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Module: General Practice

Q46: As a major regulatory development in H1 2025, what change was made regarding UPI transaction limits?

A
NPCI was permitted to prescribe and revise limits for all P2M transactions
B
P2P transaction limits were increased to ₹5 lakh
C
All P2M transaction limits were capped at ₹1 lakh
D
P2P limits were removed, but P2M limits were capped
✅ Correct Answer: A
In a major development in H1 2025, the NPCI was permitted by the RBI to prescribe and subsequently revise transaction limits for all Person to Merchant (P2M) transactions.
This flexibility is a significant regulatory shift discussed in the RBI's Payment Systems Report - June 2025.
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