RBI Grade B Officer (General / DEPR / DSIM) 2021 · Question 246 of 260

- Read the passage given below and answer the following questions: Financial markets are platforms where financial assets such as shares, bonds, currencies, and derivatives are bought and sold. They play a crucial role in the economy by facilitating the flow of funds from savers to borrowers. Financial markets provide liquidity, help in price discovery, and reduce transaction costs. They enable businesses and governments to raise capital and allow investors to earn returns on their investments. A well-regulated and efficient financial market promotes economic growth, financial stability, and overall development of the economy. (This is a recreated passage and not the exact one asked in the exam) Name of the Payment Regulator formed in 2007?

Growth & Development

1. AA. NPCICorrect
2. BB. CCIL
3. CC. Paytm
4. DD. BBPS
5. EE. None of the above