Which of the following statements is/are correct about Payments Bank? 1. The Reserve Bank of India (RBI) recently gave a license to India Post to function as a payments bank. 2. Payment banks allow mobile firms, supermarket chains, and others to cater to individuals and small businesses.

Which of the following statements is/are correct about Payments Bank?

1.	Which of the following statements is/are correct about Payments Bank? 1. The Reserve Bank of India (RBI) recently gave a license to India Post to function as a payments bank. 2. Payment banks allow mobile firms, supermarket chains, and others to cater to individuals and small businesses.
A.	Only 1
B.	Only 2
C.	Both
D.	None of the above
Answer» D. None of the above