1.

Consider the following statements:The Reserve Bank of India's recent directives relating to 'Storage of Payment System Data', popularly known as data diktat, command the payment system providers that1. they shall ensure that entire data relating to payment systems operated by them are stored in a system only in India.2. they shall ensure that the systems are owned and operated by public sector enterprises3. they shall submit the consolidated system audit report to the Comptroller and Auditor General of India by the end of the calendar yearWhich of the statements given above is/are correct?

A. 1 only
B. 1 and 2 only
C. 3 only
D. 1, 2 and 3
Answer» B. 1 and 2 only


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