Q. What is the name of the RBI's advanced supervisory monitoring system for banking frauds?
Answer: DAKSH
Notes: DAKSH is the Reserve Bank of India's advanced supervisory monitoring system for reporting payment frauds, effective from January 1, 2023, enhancing efficiency and automating the fraud management process for banks and payment system operators.
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: 18 in Frauds in Banking in the above course in App.