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      Question

      Which category of banks accounted for 59.3% of the total

      number of fraud cases, according to the RBI report?
      A Public Sector Banks Correct Answer Incorrect Answer
      B Private Sector Banks Correct Answer Incorrect Answer
      C Foreign Banks Correct Answer Incorrect Answer
      D Cooperative Banks Correct Answer Incorrect Answer
      E Small Finance Banks Correct Answer Incorrect Answer

      Solution

      The RBI report on fraud distribution by bank type highlights that Private Sector Banks accounted for 59.3% of total fraud cases, with a significant share arising from card and internet-related frauds.

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