Question

Under which section of the Banking Regulation Act did the Reserve Bank of India (RBI) issue directions to Paytm Payments Bank?

A Section 35B Correct Answer Incorrect Answer
B Section 35C Correct Answer Incorrect Answer
C Section 35D Correct Answer Incorrect Answer
D Section 35A Correct Answer Incorrect Answer
E Section 36 Correct Answer Incorrect Answer

Solution

The RBI issued directions to Paytm Payments Bank under Section 35A of the Banking Regulation Act.

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