Discussion
The maximum value outstanding in PPI-MTS(Mass Transit System operator) cannot exceed the limit of _______at any point of time
Answer: D
Correct answer: Rs. 3000
A PPI-MTS - the prepaid card issued by a mass transit system operator, such as a metro travel card - may hold at most ₹3,000. It is exempt from full KYC precisely because the balance is small and its use is confined to the transit system and its allied services.
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