Home
Current Questions
RBI’s Penalties On Payment Solution Providers

Current Question
India Watch

RBI’s Penalties On Payment Solution Providers

Recently, Reserve bank of India (RBI) has imposed penalty on which of the following two online payment solutions provider?

	A	Vodafone M-Pesaand Airtel Payments Bank

	B	MobiwikSystems and Hip Bar

	C	PhonePe and Paytm

	D	Fino Payment Bank and Google Pay

Your Ans is

Right ans is B

Your Answer Is Correct

Your Answer Is Wrong

Explanation :

On 30^th July, 2019, RBI imposed a penalty on two online payment solutions providers Mobikwik Systems and Hip Bar for non-compliance of regulatory guidelines.
Mobikwik Systems Private Limited has been slapped a fine of Rs. 15 lakh while Hip Bar Pvt. Ltd faced a fine of Rs. 10.85 lakh.

Source: Civil Services Chronicle Online

Related Question

Eco-Niwas Samhita (ENS)

Which organization developed the Eco-Niwas Samhita (ENS), a residential energy conservation building code?

	A	Bureau of Energy Efficiency (BEE)

	B	Niti Aayog

	C	Ministry of Earth Sciences

	D	Indian Renewable Energy Development Agency (IREDA)

Your Ans is

Right ans is A

Your Answer Is Correct

Your Answer Is Wrong

Pancheshwar Multipurpose Project

Consider the following statements with respect to the Pancheshwar Multipurpose Project:

The Pancheshwar Multipurpose Project is under development in accordance with the Mahakali Treaty between India and Nepal.
The primary objective of the project is to delineate the boundary between the two nations.

Which of the statement(s) given above is/are correct?

	A	1 only

	B	2 only

	C	Both 1 and 2

	D	Neither 1 nor 2

Your Ans is

Right ans is A

Your Answer Is Correct

Your Answer Is Wrong

Revamped Pharmaceuticals Technology Upgradation Assistance Scheme

Which ministry introduced the recently highlighted Revamped Pharmaceuticals Technology Upgradation Assistance (RPTUAS) Scheme?

	A	Ministry of Health

	B	Ministry of Chemicals and Fertilizers

	C	Ministry of Earth Sciences

	D	Ministry of Telecommunication

Your Ans is

Right ans is B

Your Answer Is Correct

Your Answer Is Wrong

22nd Law Commission

Consider the following statements:

The 22nd Law Commission, led by Justice Ritu Raj Awasthi, recommended the introduction of new legislation to protect trade secrets.
The recommended exceptions proposed by the Law Commission concerning the protection of trade secrets include whistle-blower protection, compulsory licensing, government use, and public interest.

Which of the above statement(s) is/are true?

	A	1 and 2

	B	Only 1

	C	Only 2

	D	None of the above

Your Ans is

Right ans is A

Your Answer Is Correct

Your Answer Is Wrong

Wheat Blast Disease

Which of the following causes Wheat Blast, a disease, in wheat crops?

	A	Bacteria

	B	Fungus

	C	Parasites

	D	Virus

Your Ans is

Right ans is B

Your Answer Is Correct

Your Answer Is Wrong

Quality Council Of India

Quality Council of India

The appointment of the Quality Council of India (QCI) chairman is made by the PM based on the industry recommendations to the government.
QCI conducts audits and imposes penalties on businesses found in violation of quality standards.

Which of the statement(s) given above is/are correct?

	A	1 only

	B	2 only

	C	Both 1 and 2

	D	Neither 1 nor 2

Your Ans is

Right ans is A

Your Answer Is Correct

Your Answer Is Wrong

Female Genital Mutilation

What is the theme for International Day of Zero Tolerance for Female Genital Mutilation 2024?

	A	Say No to Injustice

	B	Voice Your Concerns

	C	Her Voice, Her Future

	D	We are Together

Your Ans is

Right ans is C

Your Answer Is Correct

Your Answer Is Wrong

Gram Panchayat

Consider the following statements:

Only 1% of the revenue collected by Panchayats comes from taxes, while the majority originates from Central and State grants.
At the block level, the elected body is known as the Gram Panchayat.

Which of the statement(s) given above is/are correct?

	A	1 only

	B	2 only

	C	Both 1 and 2

	D	Neither 1 nor 2

Your Ans is

Right ans is C

Your Answer Is Correct

Your Answer Is Wrong

Satellite INSAT-3DS

What objectives do the satellite INSAT-3DS, recently launched by Indian Space Research Organisation (ISRO) intends to achieve?

	A	To provide continuity of services to existing operational INSAT-3D (launched in 2013) and INSAT-3DR (September 2016).

	B	To enhance the monitoring of Earth’s surface, atmosphere, oceans, and environment.

	C	To elevate capabilities in data collection and dissemination and satellite-aided search and rescue services.

	D	All the above

Your Ans is

Right ans is D

Your Answer Is Correct

Your Answer Is Wrong

Phylloneura Rupestris

Consider the following statements:

A new species of damselfly was discovered in Kerala’s Ponmudi hills.
The discovery is significant because the genus Phylloneura was considered monotypic, with a single described species.
The new species, Cliffside Bambootail (Phylloneura rupestris), lays eggs in the moss beds in seasonal rills that flow over rock cliffs.

Which of the above statement(s) is/are true?

	A	1 and 2

	B	2 and 3

	C	1 and 3

	D	All of the above

Your Ans is

Right ans is D

Your Answer Is Correct

Your Answer Is Wrong

Section

Current News

Ecology & Environment

Biodiversity
Conservation
Disaster Management
Pollution
Survey/Study/Report
Sustainable Developement

Indian Economy

Agriculture & Allied Sector
Banking & Finance
Budget
Education
Infrastructure
Labor & Employment
Organizations
Plan Policy
Reports
Survey And Index

International

Bilateral, Regional And Global Groupings
India And Its Bilateral Relations
International Organizations
International Relations
International Trade & Treaties
International Treaties & Agreements
Reports,Survey And Index
United Nations
WHO
WTO

National

Defence
Indian Art, Culture & Heritage
Judiciary
Miscellaneous
National Security
Plan/Policy
Polity & Governance
Social Issue & Social Justice
Study/Survey/Report/Index

Science & Technology

Biotechnology
Geophysical Phenomena
Health & Disease
New Technology
Space

News Crux

Appointment & Resignation
Art/Culture/Heritage
Awards In News
Bill/Act/Amendment
Defence
Defence/Military Exercises
Famous Books
Important Days/Weeks
Important Decade
Miscellaneous
Obituary
Organisation In News
Persons In News
Places In News
Plans & Policy
Reports/Committee/Commission
Scheme & Programme
Species In News
Summit, Seminars & Conferences
Survey/Index
Web Portal & Apps

PIB News

Ecology & Environment
Indian Economy
Infrastructure
International
IT/Cyber Security
National
Science & Technology

Sports In News

Archery
Athletics
Badminton
Billiards
Boxing
Chess
Cricket
Football
Formula One
Hockey
Racing
Shooting
Skiing
Snooker
Tennis
Tokyo 2020 Paralympics
Weightlifting
Wrestling

State In News

Andhra Pradesh
Arunachal Pradesh
Assam
Bihar
Chhattisgarh
Delhi
Goa
Gujarat
Haryana
Himachal Pradesh
Jammu And Kashmir
Jharkhand
Karnataka
Kerala
Ladakh
Madhya Pradesh
Maharashtra
Manipur
Meghalaya
Mizoram
Nagaland
Odisha
Punjab
Rajasthan
Tamil Nadu
Telangana
Tripura
Uttar Pradesh
Uttarakhand
West Bengal

Points to Ponder

Ecology & Environment
Economy
International
National
Science & Technology

Current Questions

Art & Culture
Ecology & Environment
Economy Watch
India Watch
International
National
Science & Technology
Society Watch
State Watch
World Watch

Current GK

Ecology & Environment
Indian Economy
International
National
Science & Technology

Parliament Q & A