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      Question

      Which organization is managing the development of the

      Unified Recovery Interface (URI) for banks in India?
      A Reserve Bank of India Correct Answer Incorrect Answer
      B NITI Aayog Correct Answer Incorrect Answer
      C PSB Alliance Ltd Correct Answer Incorrect Answer
      D Indian Banks' Association (IBA) Correct Answer Incorrect Answer
      E Ministry of Finance Correct Answer Incorrect Answer

      Solution

      PSB Alliance Ltd is overseeing the development of the Unified Recovery Interface (URI) to streamline recovery processes for banks.

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