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.Â
What is the key feature of the SCORE system developed by SAMEER?
Which of the following is called Prepaid Payment Instrument (PPI)?Â
What mobile number verification tool has RBI directed banks to use to prevent digital fraud?
In which of the following year RBI introduced Account Aggregator Framework
What is Call Money?
International Birds Festival is to be held in Dudhwa National Park. It is in the state of:
Where is the Head Quarter of Asian Clearing Union (ACU)?
What is the repo rate as of February 2025, according to the Reserve Bank of India (RBI)?
Which of the following social media giant has recently launched a parent controlled messenger app
State which of the following statements is not correct about the dance of Lavani.
i. A combination of traditional song and da...
