Question
Under which Act is payment system regulation primarily
governed in India?Solution
Payment system regulation in India is primarily governed by the Payment and Settlement Systems Act, 2007. This Act empowers the Reserve Bank of India to oversee payment systems, ensuring their efficiency, security, and stability. It enables the RBI to issue guidelines and regulations to promote smooth payment transactions and protect user interests.
India’s agricultural exports grow by how much percent during April-January of the current financial year to worth USD 43.37 billion?
What is the maximum upfront purchase incentive per electric truck under India’s e-truck scheme?
What is the premium amount for the ‘Snehamitram’ life insurance scheme for dairy farmers in Kerala?
Arrange the following languages in the correct chronological order of being declared as the Classical Languages of India.
A- Tamil
B- Mala...
Nusrat Chowdhury, a civil rights lawyer, has been confirmed as the first Muslim woman federal judge in US history. She is the origin of which Asian cou...
Which of the following pairs is not correctly matched?
Consider the statements about Chandaka-Dampara Wildlife Sanctuary:
1. Forest Department of state has planned a ‘nocturnal trail’ for people i...
Harimau Shakti is a joint defense exercise between India and which country?
Who has become the fourth Indian to win a gold medal at the U20 World Championships?
Which article of the Indian Constitution specifies that the official language of the Union shall be Hindi in Devanagari script?