• The Reserve Bank has directed Visa and Mastercard, two major players in international payments, to halt card-based commercial transactions made by small and large businesses. • This action stems from concerns regarding compliance with Know Your Customer (KYC) regulations. • Visa has confirmed receipt of communication from the regulator on February 8, while awaiting a response from Mastercard. • This move follows the RBI's recent regulatory measures against Paytm Payments Bank. • Some fintechs have also received the RBI direction to pause business payments made by commercial cards until further notice. Learn Along About RBI Founded: 1 April 1935 Headquarters: Mumbai Governor: Shaktikanta Das
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Identify the form of each sentence given her from among the choices given below it.
He liked what I suggested
Out of the statements given below, one statement may be grammatically and contextually correct. Choose the correct statement as your answer. If all the ...
Select the CORRECTLY spelt word.
The doctor slapped his face a couple of times to try to bring him round.
While using the straw in power plants has often been touted as a solution, there is no well-oiled system at place to transporting straw from field to...
The vastly display in precious objects reflects the family’s appauling lifestyle .
The more money the governments pored into it, the harder it was to walk away.
...I. There have been several attacks on foreigners recent.
II. He is a good man whom fortune makes better.
III. She thinks that as each...
The children enrolled in low fee charging private schools are seen to perform better in mathematics, despite of better –qualified and mor...