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      Question

      What does the term "payment system operator"

      mean______________ 
      A A person who regulates financial markets Correct Answer Incorrect Answer
      B A financial institution responsible for issuing loans Correct Answer Incorrect Answer
      C A person who manages only domestic payment transactions Correct Answer Incorrect Answer
      D A company that provides accounting services for businesses Correct Answer Incorrect Answer
      E A person who operates a payment system, including their overseas principal Correct Answer Incorrect Answer

      Solution

      Section 2. Definitions: (s) "person" includes-- (i) an individual, (ii) a Hindu undivided family, (iii) a company, (iv) a firm, (v) an association of persons or a body of individuals, whether incorporated or not, (vi) every artificial juridical person not falling within any of the preceding sub-clauses, and (vii) any agency, office or branch owned or controlled by any of the above persons mentioned in the preceding sub-clauses; 

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