Question
An fraudster combines a real, stolen Aadhaar number from an unsuspecting citizen with a fake PAN card name, fabricated bank statements, and a newly created mobile number to build a completely fabricated profile. The fraudster successfully applies for an instant digital personal loan using this hybrid persona. What type of digital credit fraud is this specifically called?
More Financial Management Questions
- Why is ethics crucial in professional settings?
- Which of the following is not a feature of debentures?
- Under the MSMED Act, 2006, how is the classification of MSMEs determined?
- A customer’s average monthly sales are ₹10 lakh, average inventory is ₹8 lakh, and creditors are ₹6 lakh. If the bank finances 60% of inventory and 70% of ...
- Under which inventory method, would the inventory on the balance sheet best approximate the current cost?
- PFRDA constituted a high-level expert committee to frame a regulatory framework for assured payouts under NPS. Who chairs this committee?
- In Total Productive Maintenance technique of waste minimization, there are 4 phases. Which of the following phase is done with the help of eight activities...
- Under RBI's Scale-Based Regulation (SBR) for NBFCs (2022), which layer faces the most stringent ongoing regulatory requirements among the four layers?
- Evaluate the following statements about India's foreign exchange regulatory framework: I. The Foreign Exchange Management Act (FEMA), 1999 classifies tran...
- The concept of 'duration' in fixed income investing measures which of the following?
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)