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Whose decision on fit and proper status is final?
ARBI
BSEBI
CIRDA
DNPCI
Answer & Solution
Correct answer: A. RBI
1. The criteria are the Reserve Bank's own.
2. They add to any system specific directions.
3. The Reserve Bank's decision on them is final.
_Source: RBI Master Directions on Authorisation to operate a Payment System_
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