Supreme Court’s Big Move on Digital Arrest Scams! ⚖️ | Which Regulator Must Act? | Current Affairs
Can banks be held responsible when customers lose money in digital arrest scams? ⚖️
In this important Current Affairs MCQ, discover which regulatory institution the Supreme Court of India has asked to frame stronger measures to protect victims of digital arrest and cyber fraud.
✅ Correct Answer: Reserve Bank of India (RBI).
The Supreme Court has stressed that the proposed regulatory framework must include enforceable provisions requiring financial institutions to compensate victims when fraud is found to have resulted from a failure of due diligence. The Court also emphasised preventive safeguards, including action on suspicious transactions.
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#SupremeCourt #RBI #DigitalArrest #CyberFraud #BankingAwareness #CurrentAffairs2026 #CurrentAffairs #GKMCQ #UPSCPreparation #SSCExam #CyberSecurity #ReserveBankOfIndia #CurrentAffairsStudio
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