1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks. |
2. Payment Banks can issue both credit cards and debit cards. |
3. Payment Banks cannot undertake lending activities. |
Select the correct answer using the code given below. |
A) 1 and 2 only
B) 1 and 3 only
C) 2 only
D) 1, 2 and 3
Correct Answer: B
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