Question

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

Q: Answer-Why has the Reserve Bank of India (RBI) introduced the ‘bank.in’ and ‘fin.in’ domains?

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.

‘bank.in’ and ‘fin.in’ domains?

A To promote digital banking services for international banks

B To provide an exclusive domain for banks and financial institutions to enhance cybersecurity

C To enable faster banking transactions across all financial platforms

D To eliminate the need for separate banking websites

E To allow customers to create personal banking websites

Practice Next

More Daily Beepedia Current Affairs Questions

Which of the following does not contribute to credit risk?
Which accounting concept assumes that a business will continue operating into the foreseeable future?
Lead Bank Scheme was introduced in:
Export Credit Guarantee Corporation of India comes under the administrative control of ______________.
The Reserve Bank of India (RBI) has proposed to extend the term-liquidity facility of Rs 50,000 crore offered to emergency health services till ……�...
What does the Net Stable Funding Ratio (NSFR) require?
Which of these institutions is NOT directly involved in rural credit?
Which of the following correctly defines Yield to maturity (YTM)?
What distinguishes systematic risk from unsystematic risk?
Which committee recommended the establishment of RRBs?

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

Solution