Question
What is the newly assigned penalty under the Payment and
Settlement Systems Act (PSS Act) for contraventions?Solution
The Reserve Bank of India (RBI) has revised the penalty framework under the Payment and Settlement Systems Act (PSS Act). The maximum penalty for contraventions such as unauthorized operation of payment systems, disclosure violations, or non-payment of penalties has been increased from ₹5 lakh to ₹10 lakh or twice the amount involved, whichever is higher. Additionally, an extra penalty of ₹25,000 per day may be imposed for ongoing violations.
Mahatma Gandhi National Fellowship Programme (MGNF) in collaboration with IIM is providing certificate course in ______ ?
What will be covered under Pradhan Mantri Kaushal Vikas Yojana 4.0?
As per Union Budget 2023-24, which mission has been launched to facilitate the transition of the economy to low carbon intensity?
What is India's rank in the Human Development Index (HDI) report of 2021/2022?
As per the Economic Survey 2023-24, what was the fiscal deficit of the Union Government in FY24 according to provisional actuals (PA) data?
According to the Union Budget 2023-24, consider the following statements regarding Cooperation:
1. New co-operatives that commence manufacturing ...
Recently which of the following telecommunication company of in India has completed a successful trial of the country’s first 5G private network a...
Pradhan Mantri Shram Yogi Maan-Dhan Yojana assures a minimum assured pension of ________ upon attaining the age of 60 years.
According to the budget 24-25, "PM SVANidhi has extended credit assistance to how many street vendors?
Which of the following city of Gujarat become India’s first operational smart city with the development of world-class infrastructure and sustain...
