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A director of a promoter company must have a record of financial integrity, good reputation and:
ARiches
BSeniority
CCelebrity
DHonesty
Answer & Solution
Correct answer: D. Honesty
1. The fit and proper test looks at character.
2. It names integrity, reputation and one more quality.
3. That quality is honesty.
_Source: RBI Master Directions on Authorisation to operate a Payment System._
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