Match each term to what it covers
Exercise and reference answers
- Matching pairs
- Left
- PSS Act, 2007
- Right
- Law behind authorisation
- Left
- PSO
- Right
- The system participant operator
- Left
- On-tap route
- Right
- Apply at any time you wish
- Left
- Fit and proper
- Right
- Test of record and integrity
- Left
- Cooling period
- Right
- One year with no application
- Left
- CoA surrender
- Right
- Asking to stop operating
- Instructions
- Tap a term on the left, then tap its meaning.
Explanation
_Source: RBI Master Directions on Authorisation to operate a Payment System_