The Supreme Court has termed the siphoning of over ₹54,000 crore through digital fraud as 'dacoity'.
GK and monthly revision
SC terms siphoning of over ₹54,000 cr by digital fraud ‘dacoity’, asks Centre to frame SoP
The Supreme Court has termed the siphoning of over ₹54,000 crore through digital fraud as 'dacoity' and has asked the Centre to frame a Standard Operating Procedure (SOP) to address this issue. The RBI has already crafted an SOP prescribing action by banks to temporarily hold debit cards to prevent cyber-enabled fraud. This is a significant development as it highlights the growing threat of digital fraud and the need for robust measures to protect consumers.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
The RBI has crafted an SOP prescribing action by banks to temporarily hold debit cards to prevent cyber-enabled fraud.
The Supreme Court has asked the Centre to frame a Standard Operating Procedure (SOP) to address the issue of digital fraud.
The case highlights the growing threat of digital fraud and the need for robust measures to protect consumers.
The Supreme Court Bench made these observations while hearing a plea related to digital fraud.
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.