Question
What monetary penalty did the RBI impose on PhonePe
Limited for non-compliance with PPI guidelines?ÂSolution
The Reserve Bank of India imposed a monetary penalty of ₹21 lakh on PhonePe Limited (formerly PhonePe Pvt Ltd) due to non-compliance with directions related to Prepaid Payment Instruments (PPIs). The issue stemmed from a shortfall in the company’s escrow account which was not promptly reported to RBI. This penalty highlights RBI’s strict regulatory framework for payment systems.Â
The ‘Blue Water Policy’ was introduced by the Portuguese leader ________.
Tulsidas Balaram,country’s finest player has passed away. He belonged to which sport?
Which city was the 6th India-Australia Maritime Security Dialogue held?
Match the following environmental protocols with their scope or coverage:
How many new AYUSH Health and Wellness Centres were recently approved by the Government of India?
Hakki Pikki is a tribe of the Indian subcontinent, they mostly live in which state?
Which award is also known as the 'Green Nobel Prize'?
Who, in a historic achievement, has become the first female medical officer in the Indian Army to be stationed at Siachen, the highest battlefield in th...
Match the following ancient Indian texts with their focus areas:
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