Multiple choice

In February 2012, RBI had removed the transaction limit per customer per day on mobile banking transactions. What was the earlier transaction cap?

  1. Rs. 50,000

  2. Rs. 1,00,000

  3. Rs. 75,000

  4. Rs. 25,000

  5. Rs. 1,50,000
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

 The Reserve Bank of India (RBI) has removed the transaction limit of Rs. 50,000 per customer per day on mobile banking transactions.

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