Module: General Practice
Q72: What is the maximum value for a reloadable Prepaid Payment Instrument (PPI) issued by Mass Transit Systems (MTS) operators?
✅ Correct Answer: A
PPIs issued by Mass Transit Systems (PPI-MTS), such as metro rail cards, are reloadable instruments with a maximum outstanding value capped at ₹3,000.
This niche instrument is covered in the RBI's Payment Systems Report - June 2025.
This niche instrument is covered in the RBI's Payment Systems Report - June 2025.