Question
Who is the Chairperson of the Board for Payment and
Settlement Systems (BPSS)?ÂSolution
In 2005, RBI constituted the Board for Payment and Settlement Systems (BPSS) as a Committee of its Central Board. The functions are to regulate and supervise the payment and settlement systems. This is also chaired by the Governor of RBI and its members are all the four Deputy Governors and two Non-Official Directors of the Central Board.
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