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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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