Question

    What was the amount of penalty imposed by RBI on Visa

    for an unauthorised payment transfer method?  
    A ₹12.1 million Correct Answer Incorrect Answer
    B ₹18.5 million Correct Answer Incorrect Answer
    C ₹24.1 million Correct Answer Incorrect Answer
    D ₹30.3 million Correct Answer Incorrect Answer
    E ₹36.7 million Correct Answer Incorrect Answer

    Solution

    The RBI imposed a penalty of ₹24.1 million on Visa for implementing a payment authentication solution without regulatory clearance 

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