Question
Which of the following is not a requirement for an
entity to be eligible to set up a payment bank in India?Solution
To be eligible to set up a payment bank in India, an entity must fulfill several requirements, including being a company incorporated in India, having a minimum net worth of Rs. 100 crore, and having a track record of three years in the financial sector. However, there is no requirement for the entity to have a foreign shareholding of less than 49%. In fact, the guidelines issued by the Reserve Bank of India (RBI) in 2014 allow up to 74% foreign shareholding in a payment bank. Hence, option D is incorrect.
Find the appropriate word.
In Argentina in 2014, people first discovered Titanosaurs, ______ are dinosaurs.
Fill in blank 1 with the appropriate word from the options.
Find out the appropriate word in 1.
Select the most appropriate option for blank No. 4.
Find the appropriate word.
Blank 27
Choose an appropriate word that fits the blank 200.
Alyssa Healy and her merry bunch will be the team that most squads, including old rival England, will be want to knock off the pedestal.
From the following select the appropriate word to replace number (49) in the above passage.Â