2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs. 10, 000
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Rs. 6, 000
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Rs. 5, 000
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Rs. 2, 000
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Detailed explanation-1: -There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction.
Detailed explanation-2: -Transaction limit- For most merchants, the standard transaction limit for the RuPay credit card on UPI is Rs 1 lakh per transaction. The limit for verified merchants in specific categories can be increased to Rs 2 lakh per transaction. Non-verified merchants have a daily transaction limit of Rs 2,000.
Detailed explanation-3: -No charges on RuPay credit card use for transactions up to Rs 2,000 - BusinessToday.
Detailed explanation-4: -Customers will link their credit cards to UPI for the benefit of earning reward points and protecting their bank account from frauds, it said, which will have a positive impact on the adoption and usage of RuPay cards.
Detailed explanation-5: -While there is no charge to send money to family and friends or buying with a debit card, Google Pay will charge 2.9 percent if you use a credit card.