15(Regulatory Sandbox) Flashcards
1
Q
What is it
A
It is a new framework by RBI where RBI will launch sand box.
2
Q
Sand Box???
A
It is an entity(compony,bank,org etc) that will check the new tech relate to fintech.
It is like a prototype environment to check technologies
3
Q
What is the min requiremnet for a sandbox
A
Nope they need Net worth of at least 25L
4
Q
Can any fintech be tested
A
Nope…..Northing is absolute…
Stuff like crypto currency,credit registary are ommited
5
Q
Who heads the committee on OFF SHORE RUPEE MARKETS
A
Usha Thorat(Former RBI Governor)
