What are the revised transaction limits for UPI 123Pay and UPI Lite as per the latest guidelines issued by the Reserve Bank of India (RBI)?

Question

What are the revised transaction limits for UPI 123Pay and UPI Lite as per the latest guidelines issued by the Reserve Bank of India (RBI)?

Options

A.

₹10,000 for UPI 123Pay and ₹5,000 for UPI Lite

B.

₹5,000 for UPI 123Pay and ₹10,000 for UPI Lite

C.

₹10,000 for both UPI 123Pay and UPI Lite

D.

₹5,000 for UPI 123Pay and ₹2,000 for UPI Lite

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