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    Question

    In the structure of the Payments Regulatory Board (PRB),

    who holds a casting vote in case of a tie?
    A Finance Secretary Correct Answer Incorrect Answer
    B RBI Deputy Governor Correct Answer Incorrect Answer
    C RBI Governor (Chairperson) Correct Answer Incorrect Answer
    D Senior-most government nominee Correct Answer Incorrect Answer
    E DPSS Director Correct Answer Incorrect Answer

    Solution

    In the Payments Regulatory Board (PRB) , each member has one vote . In case of a tie , the Chairperson—who is the RBI Governor—holds the casting vote , ensuring finality in decision-making. The PRB meets at least twice a year and aims to balance central bank control with government participation.

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