Current Affairs · Banking and Financial Initiatives
Consider the following features associated with the Digital Payment Intelligence Platform (DPIP): I. It aims to enhance fraud detection by enabling real-time intelligence sharing among banks. II. It is being developed as a Digital Public Infrastructure (DPI) by the Ministry of Electronics and IT. III. The Reserve Bank Innovation Hub (RBIH) is leading the prototype development of the platform. IV. The AP Hota committee was constituted to examine the structure and governance of DPIP. V. It focuses on preventing frauds linked to Unified Payments Interface (UPI) transactions. How many of the above statements are correct?
- 1All five
- 2Only four
- 3Only three✓
- 4Only two
Correct answer
Only three
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