📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      Which company did RBI penalize ₹10 lakh for

      non-compliance with prepaid instrument rules?
      A Amazon Pay Correct Answer Incorrect Answer
      B PhonePe Correct Answer Incorrect Answer
      C India Post Payments Bank Correct Answer Incorrect Answer
      D Cashfree Payments Correct Answer Incorrect Answer
      E Razorpay Correct Answer Incorrect Answer

      Solution

      RBI imposed a ₹10 lakh penalty on Cashfree Payments for violating prepaid payment instrument (PPI) regulations.

      Practice Next
      ask-question