Economics · Banking Sector in India
Which of the following statements is INCORRECT about Payments Banks in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They can issue credit cards.✓
- 2They can accept demand deposits.
- 3They can issue debit cards.
- 4They cannot issue loans.
Correct answer
They can issue credit cards.
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