Module: General Practice
Q71: What is the maximum value allowed for a Gift Prepaid Payment Instrument (PPI)?
✅ Correct Answer: A
Gift PPIs are classified as non-reloadable instruments.
As per regulatory guidelines, the maximum value for any single Gift PPI is capped at ₹10,000.
These limits are part of the regulatory framework detailed in the RBI's Payment Systems Report - June 2025.
As per regulatory guidelines, the maximum value for any single Gift PPI is capped at ₹10,000.
These limits are part of the regulatory framework detailed in the RBI's Payment Systems Report - June 2025.