Which of the following statements about RBI’s decision on tax payments via UPI is/are correct?
- The RBI raised the UPI transaction limit for tax payments from ₹1 lakh to ₹5 lakh.
- Delegated payments allow a secondary user to make payments using the primary user’s account.
- The initiative is expected to benefit 100 million UPI users.
1
Only 1
2
Only 1 and 2
3
Only 2 and 3
4
Only 1 and 3
5
1, 2, and 3