2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to a data released by the RBI, over Rs _________. has been lost due to bank frauds since 2015.
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1.30 lakh crore
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1.20 lakh crore
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1.10 lakh crore
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1.45 lakh crore
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Explanation:
Detailed explanation-1: -Within 4-7 Days-Limiting liability of customers, RBI guidelines require customers to bear with the transaction amount or an amount within Rs 5000 upto Rs 25, 000, whichever is lower in case the unauthorised transaction complaint is made after 3 days and before 7 days.
Detailed explanation-2: -The correct answer ensures credit to PSUs.
There is 1 question to complete.