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    Question

    What is the number of members in the new Payments

    Regulatory Board (PRB)?
    A 5 Correct Answer Incorrect Answer
    B 7 Correct Answer Incorrect Answer
    C 6 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E 8 Correct Answer Incorrect Answer

    Solution

    The PRB comprises six members: the RBI Governor (Chairperson), one Deputy Governor, one RBI official, and three nominees from the central government. This structure introduces government representation, making it a more collaborative body than its predecessor, the BPSS.

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