General Studies · RBI Committees and Panels
Consider the following statements regarding the Regulatory Review Authority (RRA 2.0) or mechanisms set up by the Reserve Bank of India to review regulations: 1. The RBI set up the Regulations Review Authority (RRA 2.0) to review the regulatory prescriptions internally and seek feedback from regulated entities. 2. The Advisory Group constituted under RRA 2.0 to represent the perspective of regulated entities was composed solely of internal RBI staff members. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 2Both 1 and 2
- 32 only
- 41 only✓
Correct answer
1 only
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