Economics · Economy
Consider the following statements about the Account Aggregator (AA) framework in India: 1. Account Aggregators are regulated by SEBI and require a Certificate of Registration as an NBFC-AA. 2. An AA can only share data that has been specifically consented to by the customer for a defined purpose, and can neither view nor store the underlying financial data. 3. Financial Information Providers (FIPs) under the AA framework currently include only banks and mutual funds. 4. The AA framework enables real-time, consent-based flow of data across four entities: Customer, FIP, FIU (Financial Information User), and the Account Aggregator. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13 and 4 only
- 21, 2 and 4 only
- 32 and 4 only✓
- 41 and 4 only
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2 and 4 only
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