Recently, Yeldi Softcom received a licence for RBI to set up which of the following? A) open wallet B) semi-closed wallet C) closed wallet D) semi-open wallet E) None of these

Recently, Yeldi Softcom received a licence for RBI to set up which of the following? A) open wallet B) semi-closed wallet C) closed wallet D) semi-open wallet E) None of these
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 B) semi-closed wallet Explanation: Yeldi Softcom received its semi-closed wallet license on Wednesday from the Reserve Bank of India. This opens up a new league of possibilities in terms of the products that could be launched by Yeldi Softcom to bring in further avenues to carry out cashless transactions. Semi-closed wallet is a payment instrument that is accepted by a predefined set of merchants that have been contracted specifically by the issuer of the semi-closed wallet.
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