1.

Which of the following is true about India Post Payments Bank?

I. Central government owns 75% of equity in it.
II. It can accept deposits upto Rs 1.5 lakh.
III. It is not allowed to extend loans/credit.

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


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