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The Reserve Bank of India will directly regulate all entities facilitating cross-border payment transactions for the import and export of goods and services. As per the circular, such entities will be treated as Payment Aggregator-Cross Border (PA-CB). Currently, all Payment Aggregators (PA), which facilitate the processing of domestic transactions in online mode, come under the ambit of RBI regulations. According to the new circular, RBI made it mandatory for the non-banks providing PA-CB services to have a minimum net worth of ₹15 crore at the time of applying to the RBI for authorisation and a minimum net worth of ₹25 crore by March 31, 2026. It also said banks undertaking PA-CB activity need to fulfil the requirements for PA-CBs by April 30, 2024.
Which of the following is a characteristic of a conductor?
A body explodes into three equal fragments, two of which fly off perpendicular to each other with equal speeds. What is the direction of the third frag...
Find the equivalent resistance when three resistors of 4 Ω, 6 Ω, and 12 Ω are connected in parallel.
An electric motor converts _____ energy to mechanical energy.
In an electric motor, energy is transformed from:
The unit of measurement of noise is –
A particle is fired with initial speed 30 m/s and lands back at same horizontal level. If its horizontal range is equal to 4.5 times the vertical he...
The colour of sky appears blue due to –
The charge of an electron is approximately: