New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Directions: In the following sentences, there are two blanks. Find out the appropriate words for filling up the blanks. 

    The Reserve Bank of India has ………… Master directions on the issuance and operation of prepaid payment instruments (PPI) in the country …… provide a framework for regulation, authorisation and supervision of entities operating payment systems in the country.

    A retorted, for Correct Answer Incorrect Answer
    B delivered, too Correct Answer Incorrect Answer
    C released, from Correct Answer Incorrect Answer
    D issued, to Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Directions are ISSUED or RELEASED (in some cases). But, in the second blank TO is contextually right. Thus, Issued and To is the correct combination. The Reserve Bank of India has issued Master directions on the issuance and operation of prepaid payment instruments (PPI) in the country to provide a framework for regulation, authorisation and supervision of entities operating payment systems in the country.

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