4.
Why did Vijay Shekhar Sharma step down from his role as part-time chairman and board member of Paytm Payments Bank?
A:
Due to personal reasons unrelated to regulatory concerns
B:
In response to a restructuring of the parent company, One97 Communications Ltd
C:
Amidst regulatory concerns and a directive from the Reserve Bank of India (RBI) to wind down operations
D:
To focus more on his role as CEO of Paytm
The answer is:
C
