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      Question

      According to the RBI report, which category of banks

      accounted for 70.7% of the total amount involved in frauds?
      A Private Sector Banks Correct Answer Incorrect Answer
      B Public Sector Banks Correct Answer Incorrect Answer
      C Foreign Banks Correct Answer Incorrect Answer
      D Cooperative Banks Correct Answer Incorrect Answer
      E Regional Rural Banks Correct Answer Incorrect Answer

      Solution

      The RBI report report states that Public Sector Banks accounted for 70.7% of the total amount involved in frauds, with advance-related frauds forming the largest share in both number and value.

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