41. Which section of the Banking Payment and Settlement Systems Act, 2007 deals with the enforcement of penalties and prosecution of offenses?
a) Section 4
b) Section 9
c) Section 15
d) Section 19
42. The Banking Payment and Settlement Systems Act, 2007 allows the Reserve Bank of India to prescribe technical and security standards for payment systems operators. True or False?
43. Which section of the Banking Payment and Settlement Systems Act, 2007 deals with the power to issue guidelines for customer protection?
a) Section 6
b) Section 11
c) Section 16
d) Section 21
44. The Banking Payment and Settlement Systems Act, 2007 enables the Reserve Bank of India to regulate the timeframes for settlement of payment instructions. True or False?
45. Which section of the Banking Payment and Settlement Systems Act, 2007 deals with the power to issue directions to payment systems participants?
a) Section 8
b) Section 12
c) Section 16
d) Section 20
