Question
Consider the following statements with respect to the data provided by the Reserve Bank of India about the total amount of frauds been reported by banks-
Consider the following statements with respect to the data provided by the Reserve Bank of India about the total amount of frauds been reported by banks-
I.The total amount of frauds reported by banks declined to a six-year low while the average amount involved in frauds was the lowest in a decade.However, the number of frauds reported by banks has gone up from 7,263 in 2020-21 to 13,576 in 2022-23.
II.The amount involved in these frauds has seen a significant decline from Rs 1,18,417 crore to Rs 47,632 crore during the same period.
III.The common areas of operations of these frauds included advances, forex transactions, deposits, and operations involving card or internet transactions.In number terms, H1FY24 saw forex transactions as the most common types of fraud. Which of the following statements is/are TRUE ?
More Beepedia Questions
- China launched Pakistan's PRSC-EO3 satellite aboard a Long March-6 rocket from which launch center?
- Who announced her retirement from international cricket after Australia’s home series against India?
- Which State Government announced to set up of Rs 101 crore CM’s Sukhashraya Sahayata Kosh for the destitute in the state.
- Which newly raised Indian Army unit made its Republic Day Parade debut in 2026?
- Which city houses the newly inaugurated India’s first vertical-lift sea bridge?
- Who won the men's recurve title in the national ranking archery tournament?
- Who will be hosting the Commonwealth Games for 2026?
- Which specialized scientific institution commissioned the state-of-the-art X-Band Dual-Polarization Doppler Weather Radar at Mahabaleshwar, Maharashtra, to...
- Where will the final of the National Women’s T20 Cricket Tournament for the Blind 2025 be held?
- What is India's ranking in the 2023 World Press Freedom Index released by Reporters Without Borders (RSF)?
Relevant for Exams:
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