Question

    RBI has recently imposed a fine of Rs 3.06 crores on which company?

    A Google Pay Correct Answer Incorrect Answer
    B Paytm Correct Answer Incorrect Answer
    C Amazon Pay Correct Answer Incorrect Answer
    D BharatPe Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    RBI has imposed a penalty of Rs 3.06 crores on Amazon Pay (India) Private Limited. Due to non-compliance with some prepaid-related guidelines, RBI has imposed this penalty. Amazon Pay is an online payment company owned by Amazon.

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