How many member in the Reserve Bank of India (RBI) has constituted an inter regulatory Working Group (WG) to study the entire gamut of regulatory issues relating to Fin Tech (financial technology) and Digital Banking in India

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	7 Members
B	9 Members
C	11 Member
D	13 Members

Explanation:

Detailed explanation-1: -The Reserve Bank of India (RBI) had set up an inter-regulatory Working Group (Chair: Shri Sudarshan Sen, Executive Director, RBI) to study the entire gamut of regulatory issues relating to FinTech and Digital Banking in India.

Detailed explanation-2: -To further fast-track financial inclusion in the country, two working groups were constituted by RBI on Micro ATM standards and Central Infrastructure and Connectivity for Aadhaar based financial inclusion transactions.

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