Current Affairs · Banking & Financial Regulations
Regarding the proposed digital fraud protection and compensation guidelines by RBI, which of the following statements is/are correct? 1. Compensation limits and conditions are framed to safeguard retail customers against unauthorized digital transactions. 2. Fraudulent claims process requires adherence to specified verification and operational standards. 3. Regulations set specific timelines for customer reporting and bank compensation credits. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 3 only✓
- 21, 2 and 3
- 32 and 3 only
- 41 and 2 only
Correct answer
1 and 3 only
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