Current Affairs · Banking and Finance
In October 2025, RBI consolidated various regulatory instructions up to October 9 into 238 master directions/circulars while repealing older ones. Which of the following statements accurately reflect this initiative? 1. Draft master directions and the list of repealed circulars were open for public consultation until November 10, 2025. 2. This exercise carries forward the work of the Regulations Review Authority (RRA 2.0) headed by Deputy Governor M. Rajeshwar Rao. 3. The consolidation covers 11 regulated entity types, including cooperative banks, across 30 functional thematic areas.
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