UPSC CURRENT AFFAIRS – 6 December 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …
Source: DD News Context: The Reserve Bank of India (RBI) has increased the wallet limit for UPI Lite from ₹2,000 to ₹5,000 and raised the transaction limit for offline payments from ₹500 to ₹1,000. About UPI Lite: Launched In: UPI Lite was introduced in 2022. Developed By: National Payments Corporation of India (NPCI). Features: On-Device …
UPSC CURRENT AFFAIRS – 10 October 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …
Source: BT Context: To encourage wider adoption of the Unified Payments Interface (UPI), the RBI on Thursday announced an increase in transaction limits on UPI123 and UPI Lite. Recent Changes Announced by RBI UPI Lite wallet limit: The UPI Lite wallet limit has been increased from ₹2,000 to ₹5,000, and the per-transaction limit has been …
Facts for Prelims (FFP) Source: LM Context: The Reserve Bank of India (RBI) has introduced several measures to further advance digital payments through the unified payments interface (UPI): Features are: Conversational Payments with AI: The RBI is launching “conversational payments” (audio interaction with AI bots) on UPI, enabling users to interact with an AI-powered …
