Closed System Payment Instruments: These are payment instruments issued by a person for facilitating the purchase of goods and services from him/it. These instruments do not permit cash withdrawal or redemption. Semi-Closed System Payment Instruments: These are payment instruments which can be used for purchase of goods and services, including financial services at a group of clearly identified merchant locations/ establishments. These instruments do not permit cash withdrawal or redemption by the holder. Open System Payment Instruments: These are payment instruments which can be used for purchase of goods and services, including financial services like funds transfer at any card accepting merchant locations (point of sale terminals) and also permit cash withdrawal at ATMs / BCs.
Which of the following are correct regarding “PRASHAD scheme”?
I. It was launched by ministry of culture.
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Which individuals have received the "Order of White Eagle" from Poland in April 2023?
Match List-I (Outstanding Sports persons at the Athens Olympics) with List-II (Country) and select the correct answer using the codes given below the L...
The Government of India Act, 1935 was largely based on
Which of the following is an example of an adjusting journal entry?
Which one of the following memories is extremely fast and acts as a high-speed buffer between the CPU and the main memory?
Retina in eye contains sensitive cells called :
When did India join the Global Partnership on AI?
In a group of 36 persons, a total of 16 take tea while 9 take tea but not coffee. How many persons in this group take coffee but not tea?
What is the minimum rate of compensation for permanent total disability under the Workmen’s Compensation Act, after the amendment made in 1995?