Question

    What is the primary purpose of the RBI's proposed Digital Payments Intelligence Platform?

    A To enhance customer satisfaction Correct Answer Incorrect Answer
    B To prevent digital payment frauds Correct Answer Incorrect Answer
    C To increase digital payment transactions Correct Answer Incorrect Answer
    D To provide loans to small businesses Correct Answer Incorrect Answer
    E To offer discounts on digital transactions Correct Answer Incorrect Answer

    Solution

    The RBI's Digital Payments Intelligence Platform aims to prevent digital payment frauds through network-level intelligence and real-time data sharing, enhancing trust in the digital payments ecosystem.

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