Economics · Economy
Consider the following statements regarding the Account Aggregator (AA) framework: I. It is governed under the RBI's Master Directions on NBFC-AA, 2016. II. It operates on a consent-based mechanism where individuals control sharing of their financial data. III. AA entities can store and sell user data to third-party lenders for profit. IV. AA is part of the broader IndiaStack digital public infrastructure. How many of the above statements are NOT correct?
- 1All four
- 2Only three
- 3Only two
- 4Only one✓
Correct answer
Only one
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