Consider the following statements: Which of the following statements is/are correct?
A. In March 2024, The Reserve Bank of India (RBI) has updated its "Enabling Framework for Regulatory Sandbox" to streamline the process for fintech companies.
B. RBI has extended the overall timeline for the Regulatory Sandbox (RS) process from 7 to 12 months, excluding the preliminary screening period.
C. The updated framework mandates compliance with the Digital Personal Data Protection Act, of 2023.
1
Only A
2
Only B
3
Only C
4
Both A and C
5
Both A and B