Question
Which organization recently received in-principle RBI approval for a Cross-Border Payment Aggregator license?
Solution
EximPe secured in-principle approval from the Reserve Bank of India for a Cross-Border Payment Aggregator (PA-CB) license. This regulatory clearance positions it to support e-commerce and B2B trade involving Indian and Asian markets.
More Monthly Quiz General Awareness Questions
- The 'Graphene-Aurora Programme' has been launched recently in collaboration with which ministry?
- What material is used in weaving Ryndia silk that earned it the GI tag?
- Consider the following statements about Finance Commission: 1. It is set up by Finance Ministry 2. It consists of a chairman and four other members appoi...
- Which among the following are the trees found in mangrove forests?
- Which location has recently been chosen for setting up India's first Electric Pilgrimage Corridor?
- Who is the richest person in the world as per the May 2024 Bloomberg Billionaires Index?
- Which country did India send 1,400 kg of anti-cancer medicines to in August 2024?
- Which international body elected India as a member for the 2026-28 term in June 2025?
- What significant initiative did Union Minister Piyush Goyal launch related to the agricultural sector?
- What was the repo rate set by the Monetary Policy Committee during its 58th meeting in December 2025?