According to guidelines by the RBI (as of January 2022), how many payment banks currently active in India?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 6.
As per RBI guidelines in January 2022, there were six active payment banks in India: Airtel Payments Bank, India Post Payments Bank, Fino Payments Bank, Jio Payments Bank, Paytm Payments Bank, and NSDL Payments Bank