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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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