With respect to e RUPI consider the following statements 1 The e RUPI is a person specific and purpo...........

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With respect to e-RUPI, consider the following statements:

1. The e-RUPI is a person-specific and purpose-specific cashless voucher, developed by the NPCI.

2. The e-RUPI vouchers can be issued for a maximum amount of Rs. 10,000 only.

3. Each e-RUPI voucher can be redeemed only once.

Which of the statements given above is/are correct?

1 only

1 and 2 only

2 and 3 only

1, 2 and 3

Explanation:

Explanation: The e-RUPI prepaid digital voucher is a person-specific and purpose-specific cashless voucher, developed by the NPCI (The National Payments Corporation of India). It can be used by the individuals, corporates or governments. e-RUPI runs on the UPI platform. e-RUPI vouchers are presently being used largely for COVID-19 vaccination purposes. New Announcement: The RBI has proposed to increase the cap on amount for e-RUPI vouchers, issued by the Government, from Rs. 10,000 to Rs. 1 lakh per voucher and allow the use of the eRUPI voucher multiple times (until the amount of the voucher is completely redeemed).