Current Affairs · Banking Sector

Which of the following is included in the RBI's draft guidelines for banks seeking to launch transactional digital banking channels?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Banks can launch any new transactional channel without any regulatory framework.
2Banks need to offer mobile banking apps for every single service.
3Banks must obtain prior RBI approval before launching transactional channels.✓
4Banks must submit a quarterly financial report to RBI.

Correct answer

Banks must obtain prior RBI approval before launching transactional channels.

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Banking Sector?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Current Affairs · Banking Sector

The Dandi March, also known as the Salt Satyagraha, was led by which influential leader?

Which act formally granted independence to India, marking the end of British rule?

Who was the key figure in establishing the Indian National Congress?

Related Practice Questions