1.

Choose the correct statement with respect to inter-operability in prepaid payment instruments (PPI) allowed by RBI?nI. With the help of PPI users will be able to transfer funds from one mobile wallet to another.nII. PPIs which include the likes of e-wallets, gift cards and meal coupons are used as substitutes for cash.

A. Only I
B. Only II
C. Both I and II
D. None of the above
Answer» D. None of the above


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