Q1. With reference to the Standard Operating Procedure (SOP) issued by the Ministry of Home Affairs in January 2026 governing freezing and de-freezing of bank accounts in cyber-fraud cases, consider the following statements: 1. The SOP permits refund of defrauded amounts up to Rs 50,000 to victims without requiring a court order. 2. If no court order or restoration order is passed, banks are required to lift the freeze on such accounts within 90 days. 3. The SOP has been notified through the Indian Cyber Crime Coordination Centre (I4C). 4. Refund of amounts exceeding Rs 50,000 has also been exempted from any judicial order under the new SOP. Which of the statements given above is/are correct?
- The SOP permits refund of defrauded amounts up to Rs 50,000 to victims without requiring a court order.
- If no court order or restoration order is passed, banks are required to lift the freeze on such accounts within 90 days.
- The SOP has been notified through the Indian Cyber Crime Coordination Centre (I4C).
- Refund of amounts exceeding Rs 50,000 has also been exempted from any judicial order under the new SOP.
- A. 1 and 2 only
- B. 1, 2 and 3 only
- C. 2, 3 and 4 only
- D. 1, 2, 3 and 4