Question

What is the primary objective of the Self-Regulatory

TheSROframeworkforAccountAggregatorsaimstoimprovecoordinationdisputeresolutionandstandardizationwithintheAAecosystem

Organisation (SRO) framework introduced by RBI for Account Aggregators?

A To regulate non-banking financial companies (NBFCs)

B To enhance coordination, dispute resolution, and standardization in the AA ecosystem

C To monitor financial transactions above a certain threshold

D To replace existing financial regulators like SEBI and IRDAI

E To impose stricter rules on digital lending platforms

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