Banking General Awareness Banking System Question Bank New Banking System

  • question_answer
    According to Reserve Bank of India (RBI) guidelines, payment banks are not permitted to     [RBI Grade B 2015]

    A) setup branches/ATMs

    B) undertake utility bill payment services

    C) issue debit cards                             

    D) distribute insurance/mutual fund/pension  products                                 

    E) undertake non-banking financial through subsidies                                 

    Correct Answer: C


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