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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.
Nagaland celebrated its ______ Statehood Day on 1 December 2021.
In the context of tokenisation of assets, what type of network is commonly mentioned where discussions between banks and the RBI have taken place?
RBI's comprehensive revamp of currency management infrastructure is expected to take place over how many years?
Under Delhi's old-age pension scheme, how much monthly benefit is provided to senior citizens aged 70 and above?
Recently Which of the following giant tortoise species was discovered after a century?
Recently Prasar Bharati launched its new logo.Which one of the following components is signified by the central circle and map of India used in the logo?
____________ has been selected by the Indian Council of Medical Research for its Dr Subhas Mukherjee Award for the year 2020.