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Question
The RBI has stopped Paytm Payments Bank Ltd from onboarding new customers under which section of the RBI Act?
Options:
A .  Section 31 A
B .  Section 35 A
C .  Section 25 A
D .  Section 27 A
Answer: Option B

RBI has taken this step under the power conferred to it under section 35 A of the Banking Regulation Act, 1949.



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