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Question
Which institution authorizes all Pre-paid Instruments (PPI) in India?
Options:
A .  RBI
B .  NPCI
C .  Finance Ministry
D .  Enforcement Directorate
Answer: Option A

The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).


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