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    Question

    What is the theme of RBI’s first cohort of

    Regulatory Sandbox?
    A Cross Border Payment Correct Answer Incorrect Answer
    B MSME Lending Correct Answer Incorrect Answer
    C Near Field Communication Correct Answer Incorrect Answer
    D Digital Savings Correct Answer Incorrect Answer
    E e-Loan Correct Answer Incorrect Answer

    Solution

    In the first cohort with Retail Payments as its theme, six entities have successfully exited the sandbox with a range of products like feature phone-based offline payments using voice, innovative use of Near Field Communication (NFC) in payments, voice-based UPI payment solution and offline payment solution using SIM overlay smartcard.

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