The framework that enables consent-based sharing of financial data between institutions in India is called the ________ Framework.
- Frequency
- Container / Image
- Account Aggregator
- Web Application / DAST
Answer: Account Aggregator
Account Aggregator (AA) is a consent-based data sharing framework regulated by RBI. It allows individuals to securely share financial information (bank statements, investments, insurance) between Financial Information Providers (FIPs) and Financial Information Users (FIUs) for better credit access and personalized services.