Question
What mobile number verification tool has RBI directed banks to use to prevent digital fraud?
Solution
To curb digital fraud, the RBI has issued guidelines requiring banks and financial entities to use the Mobile Number Revocation List (MNRL). This system, which is part of the Digital Intelligence Platform (DIP) developed by the Department of Telecommunications (DoT), helps identify revoked mobile numbers and prevents misuse by fraudsters or money mules.
More RBI Questions
- Who had won the Polish presidential election on 1 June 2025?
- What the NOT Correct about Foreign Exchange Reserves of India? i. US dollar has highest share in the Forex reserves. ii. The reserves are managed by the ...
- Open market operations, one of the monetary measures taken by RBI is:
- Which co-oeprative bank has been recently included in the second schedule of RBI Act?
- In which of the following year RBI introduced Account Aggregator Framework
- The govt of India has approved the extension of Interest Equalization Scheme on Pre and Post Shipment Export Credit to ………
- What is the repo rate as of February 2025, according to the Reserve Bank of India (RBI)?
- Which of the following is a credit rating agency in India?
- The Limit for Foreign Portfolio Investments under Voluntary Retention Route (VRR) is set to be enhanced to how much from 01.04.2022 by RBI:
- Which organization has NPCI incorporated as a wholly-owned subsidiary?
Relevant for Exams:
