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The web portal launched by the Reserve Bank of India to curb illegal money pooling by firms is:
Question

The web portal launched by the Reserve Bank of India to curb illegal money pooling by firms is:

A.

Tez

B.

Sachet

C.

Savdhan

D.

Chetawani

Correct option is B

The Sachet portal was launched by the Reserve Bank of India to allow the public to lodge complaints about illegal money pooling activities and unauthorized schemes. This initiative helps in monitoring and addressing financial fraud by empowering citizens to report suspicious activities. It forms part of a broader effort to regulate deposit-taking institutions and prevent fraud.

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