Module: General Practice
Q48: RTGS is designated as a Financial Market Infrastructure (FMI) and a Systematically Important Payment System (SIPS). What other designation does it hold?
✅ Correct Answer: A
RTGS holds multiple critical designations.
In addition to being an FMI and SIPS, it is also designated as a "critical information infrastructure" by the National Critical Information Infrastructure Protection Centre (NCIIPC). This security status is reiterated in the RBI's Payment Systems Report - June 2025.
In addition to being an FMI and SIPS, it is also designated as a "critical information infrastructure" by the National Critical Information Infrastructure Protection Centre (NCIIPC). This security status is reiterated in the RBI's Payment Systems Report - June 2025.