Which of the following statements is/are correct about Payment bank? 1. Payment bank will have to keep CRR (Cash reserve ratio) just like other Scheduled commercial banks. 2. The highest balance a bank can hold per customer Rs 50,000.

Which of the following statements is/are correct about Payment bank?

1.	Which of the following statements is/are correct about Payment bank? 1. Payment bank will have to keep CRR (Cash reserve ratio) just like other Scheduled commercial banks. 2. The highest balance a bank can hold per customer Rs 50,000.
A.	Only 1
B.	Only 2
C.	Both
D.	None
Answer» B. Only 2