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Non-compliance with authorisation conditions may lead to:

ARevocation of CoA
BReduction of CoA
CReissuing of CoA
DReserving of CoA
Answer & Solution
Correct answer: A. Revocation of CoA
1. RBI may restrict payment system operations. 2. It may act under the provisions of the PSS Act. 3. It may revoke the Certificate of Authorisation. _Source: RBI Master Directions on Authorisation to operate a Payment System_
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