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      Question

      In the structure of the Payments Regulatory Board (PRB),

      who holds a casting vote in case of a tie?
      A Finance Secretary Correct Answer Incorrect Answer
      B RBI Deputy Governor Correct Answer Incorrect Answer
      C RBI Governor (Chairperson) Correct Answer Incorrect Answer
      D Senior-most government nominee Correct Answer Incorrect Answer
      E DPSS Director Correct Answer Incorrect Answer

      Solution

      In the Payments Regulatory Board (PRB) , each member has one vote . In case of a tie , the Chairperson—who is the RBI Governor—holds the casting vote , ensuring finality in decision-making. The PRB meets at least twice a year and aims to balance central bank control with government participation.

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