Millionaire Mode

Payment and Settlement Systems Act, 2007

Question 1 of 15

What is the primary objective of the Payment and Settlement Systems Act, 2007?

  1. To promote the development of a safe, efficient, and reliable payment and settlement system in India.
  2. To regulate the activities of payment system operators and participants.
  3. To protect the interests of users of payment systems.
  4. All of the above.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000