Current Affairs · Financial Technology Innovations

What is the primary objective of the 'Regulatory Sandbox' (RS) framework managed by the Reserve Bank of India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1To test new monetary policies before nationwide implementation
2To train RBI officers in financial technologies
3To provide a live testing environment for fintech innovations under RBI supervision✓
4To regulate cooperative and rural regional banks

Correct answer

To provide a live testing environment for fintech innovations under RBI supervision

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