Question
Under which Act has PayU received its integrated
authorisation from the Reserve Bank of India to operate as a payment aggregator?Solution
The information states that PayU’s authorisation is granted under the Payment and Settlement Systems Act. This Act provides the legal framework for regulating payment systems in India. None of the other Acts mentioned in the options appear in the data nor relate to this particular approval, which makes option C the only factually correct choice.
Which combination of positions will tend to protect the owner from downside risk?
Lenders shall report credit information, including classification of an account as SMA to Central Repository of Information on Large Credits (CRILC), o...
RBI granted i n- p rinciple Payment Aggregator l icence to Paytm . Which of the follow i ng is the correct description of a Payment A ggregator?
Reserve Bank of India has launched the Inflation Expectations Survey of Households (IESH) which will provide useful inputs for?
Which bank has launched UPI integration for NRE clients through its mobile banking platform enabling NRIs to seamlessly utilise UPI features through the...
Which of the following is not true about Term Loans?
Which of the following banks launched RuPay smart key chain – Flash Pay for contactless payments?
Observing changes in the financial variables across the years is ________Â
Which of the following management principle states that no employee should report to more than one superior?
Calculate Debt Equity Ratio
I. Equity and Liabilities:
1. Shareholders’ funds
a) Share capital 4,00,000
b) Reserves a...
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