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    5. What was the amount of penalty imposed by RBI on Visa for an unauthorised payment transfer method? 

    Question

    What was the amount of penalty imposed by RBI on Visa

    for an unauthorised payment transfer method?  
    A ₹12.1 million Correct Answer Incorrect Answer
    B ₹18.5 million Correct Answer Incorrect Answer
    C ₹24.1 million Correct Answer Incorrect Answer
    D ₹30.3 million Correct Answer Incorrect Answer
    E ₹36.7 million Correct Answer Incorrect Answer

    Solution

    The RBI imposed a penalty of ₹24.1 million on Visa for implementing a payment authentication solution without regulatory clearance 

    Practice Next
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