Question
Why did the Reserve Bank of India (RBI) direct Visa and
Mastercard to halt card-based commercial transactions?Solution
• 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
For mountain lovers ________ bikers, Ladakh is a great option. It is a photographer’s paradise, and it ________ as an inspiration for avid traveller ...
Fill in the blank with the most appropriate word.
A good novelist should be ______ to appeal to the readers' sentiments.
But most of all, that street made him________ of the wonder of books. There were _______ and historic bookstores on the street. But those were not as __...
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In the following questions, sentences are given with blanks to be filled in with an appropriate word(s). Four alternatives are suggested for each quest...
The small village of Palampet is ________ with the conversation of UNESCO World Heritage Tag.
Fill in the blank/s with suitable Word/s:
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What's more, the dominant demoiselle seemed to ________________ her power, chasing her underlings and pinning them into corners of the aquarium.
...In the following sentences, two words are omitted. Choose the correct option that can fill the blanks both contextually and grammatically.
The ...
A) Infringe B) Gallant C) Obey D) Preserve
...
