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      Question

      SEBI’s ‘Verified App Label’ initiative is aimed at

      addressing which issue?
      A Cybercrime in banking Correct Answer Incorrect Answer
      B Fake loan apps Correct Answer Incorrect Answer
      C Fraudulent investment apps Correct Answer Incorrect Answer
      D Payment gateway fraud Correct Answer Incorrect Answer
      E Cryptocurrency scams Correct Answer Incorrect Answer

      Solution

      The initiative aims to protect investors from fraudulent investment apps, with over 1.3 lakh such apps reported and removed, including 66 fake trading apps. 

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