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    Question

    What is the primary purpose of the Mobile Number

    Revocation List (MNRL) introduced by the RBI?
    A To register new mobile numbers for banking transactions Correct Answer Incorrect Answer
    B To identify and prevent misuse of revoked mobile numbers Correct Answer Incorrect Answer
    C To allocate new phone numbers to customers Correct Answer Incorrect Answer
    D To verify email addresses linked to accounts Correct Answer Incorrect Answer
    E To block international transactions on unauthorized devices Correct Answer Incorrect Answer

    Solution

    Explanation: The MNRL is used to monitor accounts linked to revoked numbers, preventing misuse and enhancing digital transaction security.

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