Question
Which of the following conditions are true with regard to issuance of debit cards by IBUs (international Banking Units) (i) IBUs may issue Debit cards to their customers holding a Current or Savings account with them (ii) Withdrawal of cash in IFSC, using Debit cards issued by IBUs, is not permitted (iii) Withdrawal of cash using Debit cards issued by IBUs, in jurisdictions outside IFSC, is also not permitted (iv) Debit cards issued by IBUs to a person resident in India shall not be used for accessing funds (through whatever means) from the bank accounts, if any, held by such person in the domestic territory
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