New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following bank recently banned use of its

    debit and credit cards for purchase of bitcoins?
    A Yes bank Correct Answer Incorrect Answer
    B SBI Correct Answer Incorrect Answer
    C IDFC bank Correct Answer Incorrect Answer
    D Citi bank Correct Answer Incorrect Answer
    E Bandhan bank Correct Answer Incorrect Answer

    Solution

    Citi India today banned use of its debit and credit cards for purchase of bitcoins and other cryptocurrencies. This is following the concerns expressed by the Reserve Bank over virtual currencies

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