menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Trends and Cases in Finance
  4. Exam
    Exam 4: Prepaid Payment Instruments (PPIS) and Venture Capital
  5. Question
    What Is the Maximum Permitted Limit of Balance at Any
Solved

What Is the Maximum Permitted Limit of Balance at Any

Question 7

Question 7

Multiple Choice

What is the maximum permitted limit of balance at any point in time in PPIs per month?


A) Rs 75,000
B) Rs 1 lakh
C) Rs 25,000
D) Rs 50,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: ……………………….credit card gives all the advantages of

Q3: What is the maximum validity period of

Q4: Which of the following is not one

Q5: Paytm, MobiKwik is an example of which

Q6: In …………………..type of payment system customer is

Q8: Venture capital is concerned with:<br>A)New project having

Q9: In the Open System PPIs, the outstanding

Q10: An entity registered under which act can

Q11: What is the rate of interest offered

Q12: The PPIs that are issued by an

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines