Correct Answer: (4) 70,000 crores
Solution:The government, on 7 Au-gust, 2018, informed the Rajya Sabha that Indian banks reported a total loss of about Rs. 70,000 crore due to frauds during the last three fiscals up to March 2018. The extent of loss in fraud cases reported by scheduled commercial banks (SCBs) for 2015-16, 2016-17 and 2017-18 was Rs. 16,409 crore, Rs. 16,652 crore and Rs. 36,694 crore respectively.