What is the enhanced maximum per transaction limit for online fund transfer under the Indo-Nepal Remittance Facility Scheme, as per RBI?

• A. Rs 3 lakh
• B. Rs 2 lakh
• C. Rs 1 lakh
• D. Rs 5 lakh

Answer: (B)

The Reserve Bank of India has increased the limit of fund transfer under the Indo-Nepal Remittance Facility Scheme from Rs 50,000 per transaction to Rs 2 lakh per transaction.