📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      The Reserve Bank of India (RBI) has directed which card

      networks to cease their Business Payment Solution Provider (BPSP) operations?
      A RuPay and Visa Correct Answer Incorrect Answer
      B Mastercard and American Express Correct Answer Incorrect Answer
      C Visa and Mastercard Correct Answer Incorrect Answer
      D Discover and RuPay Correct Answer Incorrect Answer
      E Visa and American Express Correct Answer Incorrect Answer

      Solution

      RBI directed Visa and Mastercard to cease their BPSP operations due to lack of authorization under the Payment and Settlement Systems Act.

      Practice Next
      ask-question