Multiple Choice Questions on Who acts as regulator and supervisor of payments and settlement system in country ........ for IBPS (PO/SO) Preparation

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Multiple Choice Questions

Who acts as regulator and supervisor of payments and settlement system in country ........

Professional Legal Knowledge Payment and Settlement Act
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    Who acts as regulator and supervisor of payments and settlement system in country?

    NPCI

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    SEBI

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    RBI

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    CCIL

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    Explanation:

    The Payment and Settlement Systems Act of 2007 (PSS Act) gives the Reserve Bank oversight authority, including regulation and supervision, for the payment and settlement systems in the country

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