OPSC OAS Paper 1 GS 2017 Solved Paper

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Question : 13 of 100

Marks: +1, -0

Payment Banks are different from other Commerical Banks in the following ways :

These banks only accept deposits.
Only provide payments and remittances services.
Only distribute third party financial products.
Accept deposit, provide payments and remittances services, distribute third party financial products but are not allowed to lend or issue cards.

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