Question
Recently RBI lifted the ban on which of the following
cards and allowed to onboard new customers for debit, credit, or prepaid cards?Solution
The Reserve Bank of India (RBI) lifted the ban imposed on Mastercard and allowed the card network to onboard new customers for debit, credit, or prepaid cards, as it is satisfied with the company’s compliance with the storage of payment data norms. The embargo on the company is being lifted almost a year after it was imposed in July last year. The move will benefit lenders, such as YES Bank and RBL Bank, which were solely issuing Mastercard cards before the ban. Mastercard is a payment system operator, operating a card network in the country under the Payment and Settlement Systems Act. Along with Mastercard, Visa and RuPay are the three big card networks in the country. About Mastercard Headquarters: New York, United States CEO: Michael Miebach
As per the behavioural theory of decision making by Herbert Simon, there are three essential stages in the act of problem solving and decision making. W...
Which of the following is a not feature of a programmed decision?
Which type of decision is typically routine and repetitive, often governed by rules and policies?
The __________ management function is most closely related to decision making.
What type of bias relies too heavily on one piece of information in making a final decision?
One technique of decision making is a type of brainstorming technique that requires participants to pen down the ideas individually and then rank the id...
What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
What is the benefit of using problem-solving techniques, such as the 5 Whys?
Decision Matrix is a type of __________ technique of decision making.
Which of the following will not be part of Rational decision making?
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