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Fresh investment from a non-compliant jurisdiction must stay under:
A20 per cent
B30 per cent
C40 per cent
D50 per cent
Answer & Solution
Correct answer: A. 20 per cent
1. Such investors may not gain significant influence.
2. The measure covers potential voting power as well.
3. The aggregate must be less than 20 per cent of voting power.
_Source: RBI Master Directions on Authorisation to operate a Payment System_
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