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      Question

      Under its new licence, Jio Payments Bank can earn a

      transaction charge of how much per transaction for mutual funds?
      A ₹1 Correct Answer Incorrect Answer
      B ₹2 Correct Answer Incorrect Answer
      C ₹5 Correct Answer Incorrect Answer
      D ₹10 Correct Answer Incorrect Answer
      E ₹15 Correct Answer Incorrect Answer

      Solution

      Jio Payments Bank, under its mutual fund distribution licence, can earn transaction charges capped at ₹2 per transaction.

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