As per the latest RBI guidelines, the maximum limit for a single UPI Lite transaction is set at ____ A ____, while the total cumulative limit for transactions in a day under UPI Lite is capped at ____ B ____. Fill in the Blanks

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Correct option is B

The transaction limits on UPI Lite wallet is as follows:

1. Per Transaction: Up to ₹1,000.
2. Daily Usage: A maximum of ₹10,000 can be used cumulatively throughout a single day.
3. Maximum Balance: Your UPI Lite wallet can hold a maximum of ₹5,000 at any given time.