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Questions and Answers
What action did the Reserve Bank of India direct Paytm Payments Bank Ltd. to stop after February 29?
What action did the Reserve Bank of India direct Paytm Payments Bank Ltd. to stop after February 29?
- Issuing loans
- Providing insurance services
- Investing in stocks
- Accepting deposits (correct)
How did the Paytm stock initially react to the regulatory measures put in place by the RBI?
How did the Paytm stock initially react to the regulatory measures put in place by the RBI?
- Rose by 20 percent
- Remained unchanged
- Fell by 42 percent (correct)
- Increased by 5 percent
What impact is Paytm expecting on its annual EBITDA due to the regulatory measures according to the text?
What impact is Paytm expecting on its annual EBITDA due to the regulatory measures according to the text?
- Rs 50 crore
- Rs 800 crore
- Rs 100 crore
- Rs 300 crore to Rs 500 crore (correct)
By when did the RBI direct Paytm Payments Bank Ltd. to settle all pipeline transactions and nodal accounts?
By when did the RBI direct Paytm Payments Bank Ltd. to settle all pipeline transactions and nodal accounts?
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