Consider the following statements:
The Reserve Bank of India’s recent directives relating to ‘Storage of Payment System Data, popularly known as data diktat, command the payment system providers that
- they shall ensure that entire data relating to payment systems operated by them are stored in a system only in India
- they shall ensure that the systems are owned and operated by public sector enterprises
- they shall submit the consolidated system audit report to the Comptroller and Auditor General of India by the end of the calendar year
Which of the statements given above is/are correct?
[UPSC Civil Services Exam – 2019 Prelims]
(a) 1 only
(b) 1 and 2 only
(c) 3 only
(d) 1, 2 and 3
- The RBI has given the following directives relating to Storage of Payment System Data – All system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India (Hence statement 1 is correct).