Current Affairs · Banking Sector
The Reserve Bank of India (RBI) has emphasized strengthening the core infrastructure of public sector banks. What is the primary operational purpose of upgrading the banking sector's technological digitalization budget?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To deploy fully autonomous AI entities with statutory micro-lending rights
- 2To modernize operational infrastructure, improve cybersecurity frameworks, and strengthen resilience✓
- 3To set up a unified single digital state bank ledger for private account holders
- 4To entirely close traditional offline rural branch models
Correct answer
To modernize operational infrastructure, improve cybersecurity frameworks, and strengthen resilience
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