IOB LBO Practice Questions - Indian Overseas Bank Local Bank Officer (LBO) Online Examination Exam

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Which of the following measures is NOT mentioned in the passage as a step taken to secure the digital banking environment?

Enforcing multi-factor authentication for digital transactions. Providing cash incentives to rural residents for opening digital accounts. Implementing comprehensive public awareness campaigns like 'RBI Kehta Hai'. Establishing strict customer liability guidelines for banks.

Correct Answer:

Providing cash incentives to rural residents for opening digital accounts.

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