Banking Frauds Surge 30% in Value During April-September 2023: RBI Report

सही उत्तर: B

Statement 1 is incorrect. While RBI regulates and supervises, the investigation of banking fraud cases typically involves various agencies like CBI, ED, SFIO, and local police, depending on the nature and scale of the fraud. RBI's role is primarily regulatory and supervisory, including setting reporting norms. Statement 2 is correct. Banks are indeed mandated to report all fraud cases to the RBI, regardless of the amount involved, to ensure comprehensive data collection and analysis for policy formulation. Statement 3 is correct. The RBI regularly issues comprehensive guidelines and circulars to banks covering aspects like fraud classification, reporting procedures, and the establishment of robust early warning systems to detect and prevent frauds.

सही उत्तर: D

All three statements are correctly matched. 1. The Prevention of Money Laundering Act (PMLA), 2002, is a key legislation to combat money laundering and provides for the confiscation of property derived from, or involved in, money laundering. 2. The Central Vigilance Commission (CVC) is the apex vigilance institution, free of control from any executive authority, monitoring all vigilance activity under the Central Government. Its mandate includes inquiring into offenses under the Prevention of Corruption Act, 1988. 3. The Serious Fraud Investigation Office (SFIO) is a multi-disciplinary organization under the Ministry of Corporate Affairs, consisting of experts from various fields, for detecting and prosecuting white-collar crimes/frauds.

सही उत्तर: B

The news summary explicitly states that 'the average amount per fraud case significantly increased, indicating a shift towards larger, more sophisticated financial crimes.' This directly supports option B. While options A, C, and D might have some partial truth in other contexts, they do not best explain the *combination* of decreased number and increased value as clearly as option B, which points to a strategic shift by fraudsters towards high-value targets. Regulatory changes (C) or internal resolution (D) would likely lead to a decrease in both number and value, or at least not such a sharp increase in value.