- DAKSH is a web-based end-to-end application through which the RBI will monitor compliance requirements in a more focused manner.
- It was launched with the prime objective of improving the compliance culture even further in Supervised Entities (SEs) viz. Banks, NBFCs, etc.
- DAKSH is expected to make the supervisory processes more resilient and robust.
- DAKSH is one of the many initiatives of the RBI in achieving the adoption of the latest analytical tools for implementing more efficient and automated work processes.
- The application will also enable cyber incident reporting and analysis, seamless communication, inspection planning, execution, etc., through a platform that enables anytime-anywhere secure access.
Question:
Q.1 Recently, DAKSH was launched by?a. SBI
b. NABARD
c. LIC
d. RBI
