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Prelims Mains
PRELIMS 2019 · INDIAN POLITY

Consider the following statements: The Reserve Bank of India’s recent directives relating…

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2019 paper Indian Polity

Question

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 that

1. they shall ensure that entire date 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 enterprises
3. they shall submit the consolidated system audit report to the Comptroller and Auditor General of India by the end of the calendar year

Which of the statements given above is/are correct?

Pick an option to check yourself.

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