Current Affairs · Banking Regulations
Consider the following statements regarding the RBI's framework for small-value digital fraud compensation: 1) Compensation may be up to 85% of the loss. 2) Maximum compensation per case is ₹25,000. 3) Compensation will be funded through the Depositor Education and Awareness Fund (DEAF). Which of the statements given above are correct?
- 11 only
- 21, 2 and 3✓
- 32 only
- 41 and 2 only
Correct answer
1, 2 and 3
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