46. Can BHIM/UPI be used for making loan repayments?
a) Yes
b) No
47. What is the maximum limit for transferring money using BHIM/UPI per transaction?
a) Rs. 1,000
b) Rs. 10,000
c) Rs. 1,00,000
d) No maximum limit
48. Is it possible to use BHIM/UPI without a smartphone?
a) Yes
b) No
49. Can BHIM/UPI be used for paying electricity bills?
a) Yes
b) No
50. What is the main objective of the BHIM/UPI initiative?
a) Making India a cashless economy
b) Increasing government control over financial transactions
c) Reducing the role of banks in the economy
d) Tracking user’s financial activities