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Question

Which bank has been selected by RBI for the 'test phase' of the 'On Tap' application facility?

Options:
A .  SBI
B .  ICICI Bank
C .  Axis Bank
D .  HDFC Bank
Answer: Option D
The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.

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