SBI GK Questions 2026

The helpline 1930 is run with the national cyber crime reporting portal by the Indian Cyber Crime Coordination Centre under the Ministry of Home Affairs, and is meant for the quick reporting of online financial fraud so that the transfer of money can be stopped.

Section 3 provides that an electronic record is authenticated by affixing a digital signature created by use of an asymmetric crypto system and a hash function; the hash function reduces the record to a message digest and the signer's private key encrypts it, while anyone can verify it with the…

The First Schedule to the Act excludes certain documents from electronic form: a negotiable instrument other than a cheque, a power of attorney, a trust deed, a will or other testamentary disposition, and any contract for the sale or conveyance of immovable property.

The model law was adopted by the United Nations Commission on International Trade Law in 1996 and recommended to member states by the General Assembly, and India's Act follows its scheme for giving legal recognition to electronic records and signatures.

Section 70B, inserted in 2008, appoints the Indian Computer Emergency Response Team as the national nodal agency for collecting, analysing and circulating information on cyber incidents and for issuing advisories; it works under the Ministry of Electronics and Information Technology and was set up in 2004.

Section 66F, inserted by the amendment of 2008, defines cyber terrorism and is the most severely punished offence in the Act, carrying imprisonment which may extend to life.

In 2015 the Supreme Court struck down section 66A, which punished the sending of offensive messages, holding it vague and overbroad and therefore a violation of the freedom of speech and expression under Article 19(1)(a).

The Information Technology Act was passed by Parliament in 2000, received assent on 9 June 2000 and came into force on 17 October 2000; it is therefore cited as the Information Technology Act, 2000.

The Reserve Bank asked banks in 2005 to offer a no-frills account with nil or very low minimum balance so that poor households would not be kept out by charges, and in 2012 the product was renamed the Basic Savings Bank Deposit Account, with a free debit card and a…

Regional Rural Banks were set up from 1975 on the recommendation of a working group chaired by M. Narasimham, to provide credit to small and marginal farmers, agricultural labourers and rural artisans, and the Regional Rural Banks Act followed in 1976.

The Aadhaar Enabled Payment System lets a customer withdraw or deposit cash, check a balance or transfer money at a micro ATM held by a business correspondent, identifying himself with the bank name, the Aadhaar number and a biometric such as a fingerprint, so neither a card nor a cheque…

NPCI was incorporated in 2008 as a not-for-profit umbrella organisation for retail payments, promoted by the Reserve Bank of India and the Indian Banks' Association under the framework of the Payment and Settlement Systems Act, 2007.

The Atal Pension Yojana, launched in 2015 and administered by the Pension Fund Regulatory and Development Authority, admits subscribers between eighteen and forty years of age so that every subscriber contributes for at least twenty years before the pension begins at sixty.

The Pradhan Mantri Jeevan Jyoti Bima Yojana is a one-year renewable life insurance cover of two lakh rupees on death from any cause, open to holders of a savings bank account between eighteen and fifty years of age, with the premium debited from the account.

The expression describes the three pieces that together make a cash transfer possible: a bank account opened under the Jan Dhan Yojana to receive the money, the Aadhaar number to identify the beneficiary and remove duplicate names, and the mobile phone through which the beneficiary is informed and can transact.

Real Time Gross Settlement is designed for large-value transfers, each settled singly and immediately in the books of the Reserve Bank, and the minimum amount for a customer transaction is two lakh rupees with no upper ceiling.

MUDRA loans to non-farm micro enterprises are graded in three named categories: Shishu for loans up to fifty thousand rupees, Kishore for loans above fifty thousand and up to five lakh, and Tarun for loans above five lakh and up to ten lakh, with a higher slab added later for…

Payments banks were licensed on the recommendation of the Nachiket Mor Committee to widen access to deposits and payments, and the Reserve Bank's guidelines expressly bar them from lending and from issuing credit cards; their funds must go into government securities and deposits with other banks.

NPCI, set up in 2008 as the umbrella organisation for retail payments in the country, built and runs the Unified Payments Interface, along with RuPay, IMPS, the Aadhaar Enabled Payment System, the National Automated Clearing House and FASTag.

The Pradhan Mantri Jan Dhan Yojana was launched on 28 August 2014 as the national mission for financial inclusion, offering a zero-balance Basic Savings Bank Deposit Account, a RuPay debit card with accident insurance cover and an overdraft facility for accounts operated satisfactorily.