Answer: No limit
Notes: The correct answer is "No limit." In India, the Real Time Gross Settlement (RTGS) system, which is used for high-value transactions, does not impose an upper limit on the amount that can be transferred. RTGS is typically used for transactions above Rs. 2 lakh, and it operates in real-time, ensuring immediate settlement. This system is regulated by the Reserve Bank of India (RBI) and is crucial for interbank transactions.
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