BHIM and UPI

6. What is the maximum amount that can be transferred using BHIM and UPI in a single transaction?

a) Rs. 10,000

b) Rs. 25,000

c) Rs. 1,00,000

d) Rs. 2,00,000

7. Which platform is BHIM/UPI primarily built on?

a) Android

b) iOS

c) Windows

d) All of the above

8. Which of the following is not a method to initiate a UPI transaction?

a) Scanning a QR code

b) Entering bank details manually

c) Entering virtual payment address (VPA)

d) Entering Aadhaar number

9. Can BHIM/UPI be used for making offline payments?

a) Yes

b) No

10. Which banks are compatible with BHIM/UPI?

a) All banks under the Reserve Bank of India

b) Only public sector banks

c) Only private sector banks

d) Only nationalized banks