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Questions and Answers
Paytm CEO Vijay Shekhar Sharma celebrated the company's success in 2024 before the stock price drop.
Paytm CEO Vijay Shekhar Sharma celebrated the company's success in 2024 before the stock price drop.
False
Paytm Wallet was introduced in 2014.
Paytm Wallet was introduced in 2014.
True
Paytm saw a surge in customer numbers after demonetization in India in November 2015.
Paytm saw a surge in customer numbers after demonetization in India in November 2015.
False
The controversy surrounding Paytm was due to its Russian link with Alibaba.
The controversy surrounding Paytm was due to its Russian link with Alibaba.
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Paytm faced a scandal in 2018 related to promoting political propaganda.
Paytm faced a scandal in 2018 related to promoting political propaganda.
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The Reserve Bank of India (RBI) imposed restrictions on Paytm's Payments Bank in January 2023.
The Reserve Bank of India (RBI) imposed restrictions on Paytm's Payments Bank in January 2023.
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There were suspicions of money laundering through Paytm due to a large number of active wallets.
There were suspicions of money laundering through Paytm due to a large number of active wallets.
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Concerns have been raised about data privacy at Paytm due to a lack of operational segregation between Paytm and its parent company.
Concerns have been raised about data privacy at Paytm due to a lack of operational segregation between Paytm and its parent company.
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There were expectations of turning a profit for Paytm in FY 2024 despite continuous losses over the years.
There were expectations of turning a profit for Paytm in FY 2024 despite continuous losses over the years.
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