Question :

RBI has recently imposed a fine of Rs 3.06 crores on which company?


A) Google Pay
B) Paytm
C) Amazon Pay
D) BharatPe

Answer : C

Description :


RBI has imposed a penalty of Rs 3.06 crores on Amazon Pay (India) Private Limited. Due to non-compliance with some prepaid-related guidelines, RBI has imposed this penalty. Amazon Pay is an online payment company owned by Amazon. In a press release, the RBI said that the action is based on deficiencies in regulatory compliance.


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