Which of the following statements is/are correct? I. In new Unified Payments Interface (UPI) based payment model/ money transfer is possible in send mode only. II. There is a limit of Rs. 1 lakh per transaction through the UPI platform.

Which of the following statements is/are correct? I. In new Unified Pa

1.	Which of the following statements is/are correct? I. In new Unified Payments Interface (UPI) based payment model/ money transfer is possible in send mode only. II. There is a limit of Rs. 1 lakh per transaction through the UPI platform.
A.	I only
B.	II only
C.	Both I and II
D.	None of these
Answer» C. Both I and II

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Which of the following statements is/are correct? I. In new Unified Payments Interface (UPI) based payment model/ money transfer is possible in send mode only. II. There is a limit of Rs. 1 lakh per transaction through the UPI platform.

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