16. Which section of the Banking Payment and Settlement Systems Act, 2007 deals with the penalties for offenses such as unauthorized access, tampering, and fraudulent transactions?
a) Section 4
b) Section 11
c) Section 15
d) Section 19
17. The Banking Payment and Settlement Systems Act, 2007 empowers the Reserve Bank of India to regulate the fees charged by payment systems operators. True or False?
18. Which section of the Banking Payment and Settlement Systems Act, 2007 deals with the power to inspect payment systems operators?
a) Section 5
b) Section 10
c) Section 13
d) Section 17
19. The Banking Payment and Settlement Systems Act, 2007 allows for the establishment of a payment systems ombudsman to address customer complaints. True or False?
20. Which section of the Banking Payment and Settlement Systems Act, 2007 deals with the power to enforce penalties for non-compliance with regulations?
a) Section 7
b) Section 10
c) Section 15
d) Section 20
