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    Question

    Which of the following cannot lend money to public? 

    A Payment Bank Correct Answer Incorrect Answer
    B Co-operative Banks Correct Answer Incorrect Answer
    C Small Finance Banks Correct Answer Incorrect Answer
    D Regional Rural Banks Correct Answer Incorrect Answer
    E Commercial Banks Correct Answer Incorrect Answer

    Solution

    As stated by RBI the payment banks will only be accepting deposits both current and savings but will not get involved in lending activity.

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