Recently, the Reserve Bank of India (RBI) released the final ‘enabling framework for regulatory sandbox,’. With reference to this identify which of the following statement(s) is/are correct? 1. The framework will likely be a positive step for financial technology start-ups and companies looking to innovate in the fast changing and highly regulated sector. 2. The regulatory sandbox allows live testing of new products or services in a controlled or test regulatory environment. 3. The focus of the RS (regulatory sandbox) initially would be narrow in terms of areas of innovation, and limited in terms of intake. Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
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Recently, the Reserve Bank of India (RBI) released the final ‘enabling framework for regulatory sandbox,’. With reference to this identify which of the following statement(s) is/are correct? 1. The framework will likely be a positive step for financial technology start-ups...

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A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

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