Current Affairs · Payment Systems Infrastructure
Under the Payment and Settlement Systems Act, 2007, which of the following entities is officially authorized by the RBI as a Payment System Operator (PSO) for retail payment systems in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1State Bank of India
- 2All Scheduled Commercial Banks
- 3National Payments Corporation of India (NPCI)✓
- 4Clearing Corporation of India (CCIL)
Correct answer
National Payments Corporation of India (NPCI)
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