Question
A customer receives an SMS claiming to be from their bank's loan department, stating: "Your pre-approved pre-sanction limit of ₹5 Lakhs will expire today. Click here to verify your details: http://bank-update-loan.com". The customer clicks the link, lands on a replica of the bank's portal, and enters their internet banking credentials, allowing hackers to drain their credit line. Which digital fraud technique was employed?
More Financial Management Questions
- The concept of 'duration' in fixed income investing measures which of the following?
- An expansionary (inflationary) gap occurs when:
- Regarding Transformation of Aspirational Districts’ programme, consider the following statements: 1. Its focus is to raise living standards of its citi...
- Calculate the Current ratio based on above information?
- Regional Rural Banks were created on the recommendation of:
- What percentage controlling stake will Bank of Baroda acquire in BOB Pension Fund Management Company Limited?
- As per Companies Act 2013, a related party transaction (RPT) like sale, purchase or supply of any goods or materials can be undertaken after prior approval...
- When is the communication process complete?
- What is the primary advantage of a rights issue compared to a Follow-on Public Offer (FPO) for existing shareholders?
- Which of the following correctly describes the mandatory composition of the SCBMF?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)