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The Reserve Bank of India (RBI) plans to introduce the ICCW facility using UPI across all bank ATMs in India. What is the meaning of the second C in ICCW?
Card
Cardless
Cashless
Credit
Cash
The correct answer is Cash. • The Reserve Bank of India (RBI) plans to introduce an interoperable card-less cash withdrawal (ICCW) facility using UPI across all bank ATMs in India. • The withdrawal limits for ICCW transactions will be in-line with the limits for regular on-us/off-us ATM withdrawals.
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