Module: General Practice
Q4: Who serves as the chairman of the Payments Regulatory Board (PRB), the designated authority for regulating payment systems, under the PSS Act, 2007?
✅ Correct Answer: D
The Payments Regulatory Board (PRB) operates under the chairmanship of the Governor, RBI.
The PRB is the designated authority for the regulation and supervision of all payment systems in India under the PSS Act, 2007.
This structural detail is crucial for students studying the RBI's Payment Systems Report - June 2025.
The PRB is the designated authority for the regulation and supervision of all payment systems in India under the PSS Act, 2007.
This structural detail is crucial for students studying the RBI's Payment Systems Report - June 2025.