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• 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
Which of the following is not the part of right to freedom as enshrined in the Article 19 of the Constitution of India (As amended)?
The period of limitation for filing any suit (for which no period of limitation has been provided in Schedule of the Limitation Act) shall be:
As per the LLP Act where the Tribunal makes an order under section 60 sanctioning a compromise or an arrangement in respect of a limited liability partn...
Bar to further suit to a plaintiff is expressly provided under which section of CPC?
A voluntarily burns a valuable security belonging to Z intending to cause wrongful loss to Z. A has committed
What does ‘R’ in SARFAESI stands for?
Judges in the Court of Session are appointed by:
The Board shall, ________ of the receipt of a reference from the Adjudicating Authority for the recommendation of an insolvency professional who may...
What constitutes an assault under the Bharatiya Nyaya Sanhita?
Order made under section 144 of the Code of Criminal Procedure, 1973, shall not remain in force for more than ________ from the making thereof.
