Question
Under which Act is payment system regulation primarily
governed in India?Solution
Payment system regulation in India is primarily governed by the Payment and Settlement Systems Act, 2007. This Act empowers the Reserve Bank of India to oversee payment systems, ensuring their efficiency, security, and stability. It enables the RBI to issue guidelines and regulations to promote smooth payment transactions and protect user interests.
Lithium reserves found for the first time in the country in ?
___________ is mutual funds writing off the principal amount and the interest in case of a default?
What is the length of the Nimmu-Padam-Darcha road?
Who has been roped as the brand ambassador of Vivo?
Which organization of India is responsible to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an int...
What is the new corporate tax rate introduced in the Union Budget 2025-26 for startups?
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On which date did Nepal sign the Framework Agreement to join the International Big Cat Alliance (IBCA)?
Which statement is correct about “Sukanya Samriddhi Yojana”
a.Sukanya Samriddhi Yojana, parents or legal guardians can open an account in the...
Which of the following schemes has NOT yet been integrated with the e-Shram portal?