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    Question

    The Reserve Bank of India (RBI) has granted in-principle

    approval to______ existing payment aggregators, allowing them to continue their operations.
    A 28 Correct Answer Incorrect Answer
    B 30 Correct Answer Incorrect Answer
    C 31 Correct Answer Incorrect Answer
    D 32 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      The Reserve Bank of India (RBI) has granted in-principle approval to 32 existing payment aggregators, allowing them to continue their operations. Amazon (Pay) India Pvt Ltd, Google India Digital Services Pvt Ltd, Reliance Payment Solutions Ltd and Zomato Payments Pvt Ltd are among those whose names are listed by RBI of those existing payment aggregators, who have been granted in-principle approval to continue their operations.  PayTM Payments Services and PayU Payments Private Limited are the entities whose application to continue as payment aggregators has been returned by the RBI.

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