Question

    Who chairs the newly constituted Payments Regulatory

    Board (PRB)?
    A Finance Minister Correct Answer Incorrect Answer
    B Deputy Governor of RBI Correct Answer Incorrect Answer
    C RBI Governor Correct Answer Incorrect Answer
    D NITI Aayog CEO Correct Answer Incorrect Answer
    E Secretary, Department of Financial Services Correct Answer Incorrect Answer

    Solution

    The newly formed Payments Regulatory Board (PRB), which replaces the earlier BPSS, is chaired by the RBI Governor. The PRB is designed to regulate and supervise payment systems in India. The Governor leads the six-member board, which also includes a Deputy Governor, one RBI official, and three central government nominees.

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