Civil Services APPSC Group I Services Prelims Mock Test Series 2025 Current Affairs Business and Economy
Consider the following statements regarding new rules and regulations to enhance the scope of Unified Payments Interface (UPI) payments:
1. The limit for UPI payments to hospitals and educational institutions has increased to Rs 5 lakh from Rs 1 lakh.
2. The execution limit for e-mandates without Additional Factor of Authentication (AFA) has risen from Rs 15,000 to Rs 1 lakh.
Select the correct answer using the code given below:
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2