Question
Which company received final approval from the RBI to
operate as an online payment aggregator in India?Solution
PhonePe received RBI’s final authorisation to function as an online payment aggregator, enabling expansion in digital merchant services, especially for SMEs. With over 650 million users and a 45-million merchant network, PhonePe processes around 360 million daily transactions. This approval strengthens its payment gateway and merchant onboarding capabilities.
What is required for conducting V-CIP (Video-Based Customer Identification Process)?
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
Which of the following is classified as a liquidity ratio?
ABC Ltd. projected sales of 45000 jeans trousers for the year 2016. The estimated stock on January 1st, 2016 is 3000 units and the desired stock on 31st...
An interface that is also called Logic Tier in a three-tier architecture is known as _________.
Which of the following is recognized as a Credit Information Company (CIC) in India, authorized by RBI to provide credit scores on individuals?
As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurer’s available solvency margin is ₹900 crore, what should...
Under which method of depreciation, the value of a fixed asset is reduced uniformly over its useful life?
An insurance investment plan offers a maturity value of ₹5,00,000 after 5 years. If the opportunity cost of capital is 9% compounded annually, calcula...
Which ratio indicates how effectively management uses shareholders’ funds to generate profits?