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    • Question

      Which of the following activities can be undertaken by

      a payment bank in India, as per RBI guidelines? (i) Acceptance of demand deposits (ii) Acceptance of time deposits (iii) Issue of debit cards (iv) Issue credit cards
      A Only (ii) and (iv) Correct Answer Incorrect Answer
      B Only (i) and (iii) Correct Answer Incorrect Answer
      C Only (i) and (ii) Correct Answer Incorrect Answer
      D Only (iii) and (iv) Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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