Current Affairs · Banking and Finance
What is the primary purpose of the Supervisory Technology (SupTech) platform initiatives advanced by the Reserve Bank of India (RBI)?
- 1Promoting grass-roots digital financial literacy among consumers
- 2Facilitating direct retail investor participation in G-Secs
- 3Enhancing data-driven, real-time supervision of banks and NBFCs✓
- 4Automating monetary policy decision-making workflows
Correct answer
Enhancing data-driven, real-time supervision of banks and NBFCs
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