A. 2 Member
B. 3 Member
C. 4 Member
D. 5 Member
Explanation
Reserve Bank of India has recently constituted a 5-member committee to review the applications received for new umbrella unit license. It will be headed by RBI Chief General Manager P. Vasudevan. These new umbrella units are for-profit units that will be set up to manage payments in the retail sector.
