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      Question

      As per the Reserve Bank of India Guidelines for

      Payments Banks, issued on 27 November 2014, payment banks CANNOT ________.
      A issue credit cards Correct Answer Incorrect Answer
      B offer internet banking services Correct Answer Incorrect Answer
      C accept demand deposits from individuals, small businesses and other entities Correct Answer Incorrect Answer
      D function as Business Correspondent of another bank Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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