Question
The Scheme of Penalty for non-replenishment of ATMs shall be effective from which date?
Answer: Option A
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The Reserve Bank of India (RBI) has announced the launch of the 'Scheme of Penalty for non-replenishment of ATMs', as per which it will impose monetary penalties on ATMs/WLAs that run out of cash. The Scheme shall be effective from October 01, 2021.
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