Current Affairs · Banking and Finance
Consider the following statements regarding the Payments Regulatory Board (PRB) established by the Reserve Bank of India (RBI): 1. The PRB was constituted under the Payments Regulatory Board Regulations, 2025. 2. It replaces the erstwhile Board for Regulation and Supervision of Payment and Settlement Systems (BPSS), with the RBI Governor serving as its Chairperson. 3. The PRB consists of six members in total, which includes three nominees from the Central Government. Which of the statements given above are correct?
- 11, 2, and 3✓
- 2Only 1 and 3
- 3Only 2 and 3
- 4Only 1 and 2
Correct answer
1, 2, and 3
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