Answer & ExplanationOption: Both A & BExplanation:
The Reserve Bank of India (RBI) has decided to introduce the Legal Entity Identifier (LEI) system for all payment transactions of value ₹50 crore and above undertaken by entities (non-individuals) using the Reserve Bank-run Centralised Payment Systems with effect from April 1. The LEI is a 20-digit number used to uniquely identify parties to financial transactions worldwide.
Article and Schedule Quiz | Start Test! |