Current Affairs · Banking and Finance
With reference to the Payments Regulatory Board (PRB) reconstituted under the Payment and Settlement Systems (PSS) Act, consider the following statements: 1. The PRB operates as a statutory body under the aegis of the Reserve Bank of India to oversee payment systems. 2. The Principal Legal Adviser of RBI serves as an ex-officio voting member of the PRB. 3. The PRB's regulatory remit covers both electronic and non-electronic, as well as domestic and cross-border payment systems. Which of the statements given above is/are correct?
- 11 and 3 only✓
- 21, 2 and 3
- 32 and 3 only
- 41 and 2 only
Correct answer
1 and 3 only
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