Multiple Choice Questions on With increasing adoption of digital payments and reliance on electronic banking ecosystem India must........... for CAPF (AC) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    With increasing adoption of digital payments and reliance on electronic banking ecosystem, India must have a data localization mandate to avoid data _______.

    Safety

    Incorrect Answer

    Pilferage

    Correct Answer

    Thief

    Incorrect Answer

    Reduction

    Incorrect Answer

    Substantiate

    Incorrect Answer
    Explanation:

    The statement wants India to store its data domestically. One of the obvious reasons could be to avoid data leak. This eliminates safety as it is the opposite of the correct meaning.
    Thief is incorrect as it is the action of stealing i.e. theft that is to be avoided here.
    Reduction clearly does not fit in while substantiate means to provide evidence to support and does not fit in the blank.
    Only pilferage meaning leakage fits in well.
    Hence, option B is correct.


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