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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.
Which of the following statements best describes a mesh topology in network design?
fill the blank for space 14.
Which is best fit for blank space 14?
Which of the following statements accurately describes the use of the SQL CREATE statement?
Which is relational Database
Which of the following is a primary difference between TCP and UDP in terms of reliability and connection management?
Which of the following best describes the function of cache memory in a computer system?
What is the primary goal of access authentication in computer systems?
Which of the following statements about the OSI Model’s Transport Layer is true?
In IPv6, which of the following addresses is used for local communication within a network segment and is not routable beyond the local network?