New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which subsidiary of a well-known food delivery platform

    recently obtained the Payment Aggregator (PA) License from the Reserve Bank of India (RBI)?
    A Swiggy Correct Answer Incorrect Answer
    B Uber Eats Correct Answer Incorrect Answer
    C DoorDash Correct Answer Incorrect Answer
    D FoodPanda Correct Answer Incorrect Answer
    E Zomato Correct Answer Incorrect Answer

    Solution

    Zomato Payments Private Limited, the subsidiary of popular food delivery platform Zomato, has obtained the much-coveted payment aggregator (PA) license from the Reserve Bank of India (RBI). The approval, dated January 24, 2024, empowers Zomato Payments to facilitate ecommerce transactions through its platform.

    Practice Next