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      Question

      SEBI’s ‘Verified App Label’ initiative is launched

      to: 
      A Promote fintech startups Correct Answer Incorrect Answer
      B Reduce tax evasion Correct Answer Incorrect Answer
      C Prevent fraudulent investment apps Correct Answer Incorrect Answer
      D Increase digital payments Correct Answer Incorrect Answer
      E Monitor banks Correct Answer Incorrect Answer

      Solution

      The initiative helps investors identify genuine apps and avoid fraud, especially fake trading platforms. 

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