Question

    The Reserve Bank of India (RBI) has recently instructed which company to cease the issuance and operation of its Prepaid Payment Instruments (PPIs) or wallets?

    A Paytm Correct Answer Incorrect Answer
    B PhonePe Correct Answer Incorrect Answer
    C Talkcharge Technologies Correct Answer Incorrect Answer
    D Freecharge Correct Answer Incorrect Answer
    E Google Pay Correct Answer Incorrect Answer

    Solution

    RBI directed Talkcharge Technologies to stop the issuance and operation of its Prepaid Payment Instruments and wallets due to unauthorized activities

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