Which of the following is correct regarding NPCI? – McqOptions

MCQOPTIONS

1.	Which of the following is correct regarding NPCI?
A.	It is an initiative of Reserve Bank of India and Indian Banks' Association.
B.	It was established under the Banking Regulation Act 1949.
C.	SBI and PNB are two subsidiary banks of NPCI.
D.	neither of the above
Answer» B. It was established under the Banking Regulation Act 1949.

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