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• Statement 1 is correct: Payments Infrastructure Development Fund (PIDF) scheme of RBI aimed at encouraging deployment of more digital payments infrastructure across tier-3 to tier-6 centres. • Statement 2 is incorrect: The fund will be used to subsidize banks and non-banks for deploying payment infrastructure like PoS machines etc, which will be contingent upon specific targets being achieved • Statement 3 is incorrect: PIDF presently has a corpus of ₹ 345 crore (₹ 250 crore contributed by RBI and ₹ 95 crore by the major authorised card networks in the country).
What is the meaning of “locus standi”?
In which section is the offence of Rioting defined under IPC?
Which section of the National Investigation Agency Act delas with the provisions relating to power to transfer cases to regular courts?
Under the Arbitration and Conciliation Act, 1996, if the parties do not agree on the place of arbitration, who determines the place of arbitration?
What is a contingent contract?
Company should file a prospectus in case of conversion of private company into a public company with in __________ from the date of resolution
When an immovable property has been sold in execution of a decree and sale has become absolute, property shall be deemed to have vested in the purchaser...
According to LLP Act the Incorporation document shall ___?
What are the types of Guarantees?
Mala fide means____________
