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.
Each question below has two blanks, which is indicating that something has been omitted. Choose the most suitable option indicating the words that can ...
Fill in the blanks by choosing the correct connector from the alternatives given below each sentence.Â
He was late ______ it was raining heavi...
Fill in the blank with the most appropriate word.
No wonder the burglars are at large. The police is in ______ with them.
Fill in the blanks.
The members of the Esquire Club refused to admit Barney to the club due to his ______ manner of picking his nose and slur...
1) far
2) close
3) shut
4) make
5) open
1) among
2) in
3) belong
4) along
5) None of these
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We’ll accept your application _______ you fulfil all the conditions.
It is difficult to ________ for the dizzying ________ in the value of cryptocurrencies.
She was frail and sickly and looked more _______ a hairless rat than _________ human being.
You cannot walk or drive more than a few meters in any Indian city without encountering mounds of rubbish. Even in our villages, you will find garbage b...
