Supreme Court’s Big Decision on Digital Arrest Scams! ⚖️ | RBI Guidelines 2026 | Current Affairs MCQ

Which regulatory institution has been directed by the Supreme Court to frame stronger rules holding banks accountable for digital arrest and cyber fraud losses? ⚖️

Test your knowledge with this important October 2026 Current Affairs MCQ!

✅ Correct Answer: Reserve Bank of India (RBI).

In October 2026, the Supreme Court of India called for stronger and enforceable regulatory measures from the RBI to protect victims of digital arrest scams. The proposed framework should require banks and financial institutions to compensate victims when fraud is found to have resulted from their failure to exercise due diligence.

📌 Important Exam Facts:
– Regulatory institution: Reserve Bank of India (RBI)
– Issue: Digital arrest and cyber fraud
– Key focus: Bank accountability, due diligence and victim compensation
– Proposed framework: RBI KYC Amendment Directions, 2026

The proposed directions are expected to be notified by 30 November and operationalised by 31 December 2026.

📚 Keywords: Supreme Court digital arrest case 2026, RBI digital fraud guidelines, Reserve Bank of India, bank liability cyber fraud, digital arrest scams India, cyber fraud compensation, October 2026 current affairs, RBI KYC Amendment Directions 2026, banking regulations, cyber security current affairs, UPSC current affairs, SSC GK questions, banking awareness, current affairs MCQ, competitive exam preparation

#SupremeCourt #RBI #DigitalArrest #CyberFraud #BankingAwareness #CurrentAffairs2026 #RBIguidelines #GKMCQ #UPSCPreparation #SSCExam #CyberSecurity #CurrentAffairsStudio