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Important Codes and Numbers

Answer: A

PPI – Prepaid Payment Instruments

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32.

Which of the below entity has surrendered its “in-principle” license which is given by RBI to launch its Payment Bank?

Answer: C

No answer description available for this question.
 

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33.

PAN card will be issued under Section __________ of the Income Tax Act.

Answer: A

No answer description available for this question.

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34.

In 2004, Oriental Bank of Commerce had acquired Global Trust Bank(GTB) of _____________.

Answer: C

No answer description available for this question.

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35.

In FATF, “T” stands for?

Answer: D

Financial Action Task Force (FATF)

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36.

India’s first golf-centric credit card has launched by-_______

Answer: D

RBL Bank (formerly Ratnakar Bank) has launched India’s first golf-centric credit card. The card based on the premium MasterCard World platform was launched in association with the Indian Golf Union (IGU).

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37.

Amount in a PPI should not exceed _____ if the customer provides minimum KYC details to the PPI issuing entity. 

Answer: B

Amount in a PPI should not exceed Rs 20,000 if the customer provides minimum KYC details to the PPI issuing entity

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38.

The Prepaid Payment Instruments can be issued as _____

Answer: D

The prepaid instruments can be issued as smart cards, magnetic stripe cards, internet accounts, online wallets, mobile accounts, mobile wallets, paper vouchers and any such instruments used to access the prepaid amount.

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39.

Which of the following is an integrated bill payment system in India offering interoperable and accessible bill payment service to customers?

Answer: B

Bharat Bill Payment System is an integrated bill payment system in India offering interoperable and accessible bill payment service to customers

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40.

Headquarters of Capital Small Finance Bank is __________.

Answer: C

No answer description available for this question.
 

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