Question
Which committee suggested to create an independent
payments regulator within the framework of the Reserve Bank of India (RBI) or make the RBI’s Board for Regulation and Supervision of Payment and Settlement Systems (BPSS) more independent?ÂSolution
The Payment and Settlement Systems Act, 2007 should be replaced by an updated law, according to the report of the Watal Committee, set up by the government to overhaul the digital payments infrastructure. The Committee headed by former finance secretary RatanWatal also recommends a number of regulatory changes along with those to the primary legislation.
When there are several defendants, service of summons shall be made _____________.
To set aside a sale by a Civil or Revenue Court the period of limitation as per provisions of Limitation Act 1963 to file suit is:
Different minimum rate of wages may be fixed for
 I.       Different Scheduled Employments
 II.       Different loca...
Who among the following holds his office at the pleasure of the President?
When the pawnor has obtained possession of the goods pledged by him under a contract voidable under section 19 or section 19A, but the contract has not ...
What are the grounds on which the Central Government may remove from office any member under the IRDA Act, 1999?
Under the Specific Relief Act, a suit for recovery of possession can be filed _____________
Central Government can supersede the Pension Fund Regulatory and Development Authority for a maximum period of …… for mentioned reasons.
Any officer authorised by the Board, by notification, or the applicant may file an appeal to the Appellate Authority against any ruling or order passed ...
Who has the power to audit the accounts of the Authority under the IRDA Act?
Relevant for Exams:
