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Discussion

Who headed the committee to evaluate the license applications for Payment banks?

  • A.C Rangarajan
  • B.Usha Thorat
  • C.Nachiket Mor
  • D.B S Mehta

Answer: C

In 2015, RBI formed an external advisory committee (EAC) headed by Nachiket Mor would evaluate the license applications. Total 41 applicants had applied for the license.

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