Question
Which committee suggested to create an independent
payments regulator within the framework of the Reserve Bank of India (RBI) or make the RBI’s Board for Regulation and Supervision of Payment and Settlement Systems (BPSS) more independent?Solution
The Payment and Settlement Systems Act, 2007 should be replaced by an updated law, according to the report of the Watal Committee, set up by the government to overhaul the digital payments infrastructure. The Committee headed by former finance secretary Ratan Watal also recommends a number of regulatory changes along with those to the primary legislation.
In the following question, a word is represented by only one set of numbers as given in anyone of the alternatives. The sets of numbers given in the alt...
The columns and rows of Matrix I are numbered from 0 to 4 and that of Matrix II are numbered from 5 to 9. A letter from these matrices can be represente...
A word is represented by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented ...
A word is represented by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented ...
A word is represented by only one set of numbers as given in any one of the alternatives. These sets of numbers given in the alternatives are represent...
A word is represented by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented ...
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