Current Affairs · RBI Initiatives
Consider the following statements regarding the RBI's launch of the 'On Tap' application facility for the Regulatory Sandbox: 1. The facility was launched to test innovative financial solutions under predefined themes. 2. It encourages continuous engagement with fintech innovators in a controlled regulatory environment. 3. The facility remains restricted only to government-backed public sector banks. Which of the given statements is/are correct?
- 11 and 2✓
- 22 and 3
- 31 and 3
- 41, 2 and 3
Correct answer
1 and 2
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