Question
What is the full form of MDR ?
Solution
Merchant Discount Rate is a charge or fee imposed on merchants by a bank for accepting payment from their customers in credit and debit cards every time a card is used for payment. According to recent RBI notification, from January 1 2018, small merchants (turnover upto Rs.20 lakh) will pay a maximum MDR of 0.40% of bill value and larger merchants (turnover greater than Rs.20 lakh) will pay 0.90%.
Which of the following sets of thinkers is not categorized on common lines of thinking / belong to the same school of thought?
The Constitution provides for the establishment of Public Service Commission
                     I.       For the ...
According to section 32 of the Specific Relief Act an instrument can be cancelled in part when____________
The fast-track corporate insolvency resolution process shall be completed within ___________
The Insurance Advisory Committee shall consist of_______________________
The liability of the Universal done is:
Any application for which no period of application is provided can be filed within:Â
As per the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 the Collector shall pass Rehabilit...
Right to Information is handled by which of the following ministries in India?
Which of the following is a new type of company which was introduced by the Companies Act, 2013?
Relevant for Exams:
