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      Question

      Why has the Reserve Bank of India (RBI) introduced the

      ‘bank.in’ and ‘fin.in’ domains?
      A To promote digital banking services for international banks Correct Answer Incorrect Answer
      B To provide an exclusive domain for banks and financial institutions to enhance cybersecurity Correct Answer Incorrect Answer
      C To enable faster banking transactions across all financial platforms Correct Answer Incorrect Answer
      D To eliminate the need for separate banking websites Correct Answer Incorrect Answer
      E To allow customers to create personal banking websites Correct Answer Incorrect Answer

      Solution

      The RBI introduced the ‘bank.in’ and ‘fin.in’ domains to provide a secure and exclusive domain for banks and financial institutions, enhancing cybersecurity and reducing phishing risks.

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