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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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