Question
Which of the following is not a requirement for an
entity to be eligible to set up a payment bank in India?Solution
To be eligible to set up a payment bank in India, an entity must fulfill several requirements, including being a company incorporated in India, having a minimum net worth of Rs. 100 crore, and having a track record of three years in the financial sector. However, there is no requirement for the entity to have a foreign shareholding of less than 49%. In fact, the guidelines issued by the Reserve Bank of India (RBI) in 2014 allow up to 74% foreign shareholding in a payment bank. Hence, option D is incorrect.
HACCP defines CCP as:
In cooking oils, the antioxidant added to prevent rancidity is:
Which is untrue with respect to pectin, a naturally occurring polysaccharide in fruits, in the food industry?
a.   It forms the basis of j...
Water activity, a thermodynamic property, is defined as the ratio of ……… in a system and the …………at the same temperature .  Â
...Temperature required for pasteurization is
Slime in meat spoilage occurs due to accumulation of _______cells
RDA stands for:
Pineapple variety suitable for canning is:
The macronutrient which is a structural component of the cell wall and activates the enzymes is
Microwaves are ……………radio waves that are within a frequency band of…………