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.
Tokyo is the capital of which country?
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The low latitude zone of globe extends between
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