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    Question

    What mobile number verification tool has RBI directed

    banks to use to prevent digital fraud?
    A Digital Verification Protocol (DVP) Correct Answer Incorrect Answer
    B Mobile Number Revocation List (MNRL) Correct Answer Incorrect Answer
    C National Fraud Detection System (NFDS) Correct Answer Incorrect Answer
    D Digital Security Identifier (DSI) Correct Answer Incorrect Answer
    E Unified Payment Gateway (UPG) Correct Answer Incorrect Answer

    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.

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