MCQOPTIONS
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| 1. |
Which of the following regarding NPCI is CORRECT? |
| A. | It is an initiative of RBI and the Indian Banks’ Association. |
| B. | It was set up under the Banking Regulation Act 1949. |
| C. | SBI AND PNB are the two promoter banks of NPCI. |
| D. | None of the above |
| Answer» B. It was set up under the Banking Regulation Act 1949. | |