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In 2025, which Indian regulatory body launched the ‘Digital India Financial Literacy Mission’ to enhance awareness about digital finance and online fr
Question

In 2025, which Indian regulatory body launched the ‘Digital India Financial Literacy Mission’ to enhance awareness about digital finance and online fraud prevention?

A.

National Financial Reporting Authority (NFRA)

B.

Financial Stability and Development Council (FSDC)

C.

Reserve Bank of India (RBI)

D.

Securities and Exchange Board of India (SEBI)

Correct option is C

Correct Answer: (c) Reserve Bank of India (RBI)
Explanation:

• In 2025, the Reserve Bank of India (RBI) launched the Digital India Financial Literacy Mission to strengthen public awareness about digital finance, secure online transactions, and fraud prevention.

• The initiative aligns with RBI’s mandate to promote safe digital payment practices and improve financial literacy across the country.
Information Booster:

• RBI regularly issues guidelines on UPI safety, digital lending norms, cybersecurity, and fraud reporting mechanisms.

• Financial literacy is a key component of the National Strategy for Financial Education (NSFE) led by RBI and other regulators.

• The mission aims to reach rural, semi-urban, and vulnerable groups who are major users of digital payments.

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