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New investors from non-compliant FATF jurisdictions are not permitted to acquire:
AAny shares whatsoever
BBoard seats of any kind
CDebt instruments only
DSignificant influence
Answer & Solution
Correct answer: D. Significant influence
1. Existing investors may keep their holdings.
2. New ones face a limit on control.
3. They cannot acquire significant influence.
_Source: RBI Master Directions on Authorisation to operate a Payment System._
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