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Banking & NBFC

Quick practice

Question 1 of 5

What is the objective of Credit Card Network Portability Rules by the RBI?

A

To allow Indian tourists to get temporary credit cards in friendly countries such as Nepal & Sri Lanka

B

None of the above

C

To allow Indian tourists to pay in rupee currency while using their Indian credit cards in foreign countries.

D

To allow foreign tourists to get temporary credit cards in India.

Concepts

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