Current Affairs · Payment Aggregators Regulations
Under the RBI guidelines for Payment Aggregators (PAs), which of the following provisions are correct? 1. Non-bank PAs must maintain an escrow account with a scheduled commercial bank for pooling customer funds. 2. Existing non-bank PAs must maintain a minimum net worth of ₹25 crore on an ongoing basis. 3. Non-bank PAs are allowed to directly lend funds or offer credit lines from their escrow accounts.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11, 2, and 3
- 22 and 3 only
- 31 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Payment Aggregators Regulations MCQs →Want more practice questions on Payment Aggregators Regulations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Payment Aggregators Regulations