Question
___________ launched a booklet named
“BE(A)WARE” which features common modus operandi used by fraudsters and precautions to be taken while carrying out various financial transactions.Solution
RBI recently launched a booklet named “BE(A)WARE” which features common modus operandi used by fraudsters and precautions to be taken while carrying out various financial transactions. It aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers while carrying out digital payments and other financial transactions. It mentions safeguards against commonly used fraudulent techniques like SIM swaps, vishing/phishing links, lottery, fake loan websites and digital apps etc.
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