Q. Digital Payment Intelligence Platform (DPIP) is an initiative of which institution?
Answer: Reserve Bank of India (RBI)
Notes: Recently, the Reserve Bank of India (RBI) involved major public and private sector banks to develop the Digital Payment Intelligence Platform (DPIP) as a Digital Public Infrastructure (DPI). The Digital Payment Intelligence Platform (DPIP) is an initiative of the Reserve Bank of India (RBI). It aims to improve fraud risk management by allowing real-time sharing and collection of intelligence to stop fraudulent digital transactions. The Reserve Bank Innovation Hub (RBIH) is building a prototype with 5–10 banks. DPIP will use advanced technologies to control payment-related frauds.

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