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Maximum value of each prepaid gift instrument shall not exceed ______

  • A.Rs. 20000
  • B.Rs. 10000
  • C.Rs. 25000
  • D.Rs. 15000

Answer: B

Correct answer: Rs. 10000

The maximum value of a single prepaid gift instrument is ₹10,000. Gift instruments are not reloadable and permit no cash withdrawal, so the ceiling applies to each instrument issued rather than to a running balance.

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