CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following place to not accept card payments till January 13
A
Supermarket
B
Hospitals
C
Petrol Bunk
D
Railway Station
Explanation: 

Detailed explanation-1: -Payment banks cannot issue credit cards. It cannot accept time deposits or NRI deposits. It cannot issue loans. It cannot set up subsidiaries to undertake non-banking financial activities.

Detailed explanation-2: -By September 30, all credit and debit card information used for online, in-app and point-of-sale (POS) transactions must be replaced with distinct tokens, according to the Reserve Bank of India (RBI).

Detailed explanation-3: -The correct answer is lending money.

There is 1 question to complete.