Q. What is the name of the centralized database created by the Reserve Bank of India (RBI) to record and monitor banking frauds in India?
Answer: Central Payments Fraud Information Registry (CPFIR)
Notes: The Central Payments Fraud Information Registry (CPFIR) is established by the RBI to maintain a comprehensive database of banking fraud incidents, aiding in fraud detection, prevention, and regulatory compliance across financial institutions in India.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 17 in Frauds in Banking in the above course in App.