Current Affairs - Miscellaneous - Discussion

Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 1032)
1032.
Under which section of the Payment and Settlement Systems Act, 2007, has the Reserve Bank of India revoked the Certificate of Authorisation (CoA) of the Chennai-based GI Technology Private Limited over governance concerns in the company?
Section 5
Section 7
Section 6
Section 8
Answer: Option
Explanation:
The Reserve Bank of India, in the exercise of the powers conferred on it under Section 8 of the Payment and Settlement Systems Act, 2007, has revoked the Certificate of Authorisation (CoA) of the Chennai-based GI Technology Private Limited over governance concerns in the company.
Discussion:
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