Economics · Economy
With reference to the RBI's role in the development of payment systems, consider the following statements: 1. The RBI regulates and supervises payment systems under the Payment and Settlement Systems Act, 2007. 2. The National Payments Corporation of India (NPCI) functions as a wholly owned subsidiary of the RBI. 3. The RBI has permitted offline digital payment modes to enhance financial inclusion in areas with poor internet connectivity. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 22 and 3 only
- 31 only
- 41 and 3 only✓
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1 and 3 only
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