Question

What is the primary function of the Board for Regulation

Q: Answer-What is the primary function of the Board for Regulation and Supervision of Payment and Settlement S...

The Board for Regulation and Supervision of Payment and Settlement Systems is responsible for regulating and supervising payment and settlement systems in the IFSC as per the IFSCA Regulations 2024.

and Supervision of Payment and Settlement Systems under the IFSCA Regulations 2024?

A To monitor foreign exchange reserves

B To oversee banking operations in IFSC

C To regulate and supervise payment and settlement systems

D To govern insurance companies in IFSC

E To manage cross-border trade settlements

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Bank of India Credit Officer

What is the primary function of the Board for Regulation

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