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)

B Only (i) and (iii)

C Only (i) and (ii)

D Only (iii) and (iv)

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Which of the following activities can be undertaken by

Solution