Home › IBPS RRB › Banking Awareness › Payment Systems › The Directions come into effect on the day they …
The Directions come into effect on the day they are:
APrinted in the Gazette
BPlaced on the RBI website
CSigned by the Governor
DPassed by Parliament
Answer & Solution
Correct answer: B. Placed on the RBI website
1. No separate notification date is set.
2. Publication itself brings them into force.
3. That happens when they go up on the RBI website.
_Source: RBI Master Directions on Authorisation to operate a Payment System._
Related questions
A takeover or acquisition of control of a non-bank PSO requires RBI's:Applicants can find guidance in the DPSS FAQs and the RBI website's:New entities set up by promoters of a refused or revoked PSO:A cooling period may follow when a CoA is revoked, surrendered, or an application is:While extinguishing liabilities, the PSO reports progress to RBI:The public notice of closure must appear in English, Hindi and a vernacular language on hoThe Memorandum of Procedure sets out the process and ___ for repaying liabilities.The escrow account statement in a surrender request is certified by the: