IIT Madras Research Park & RBI’s innovation centre Collaborates

Current Context: A collaboration between Reserve Bank Innovation Hub (RBIH), IIT Madras Research Park (IITMRP) and IIT Madras Incubation Cell (IITMIC) to introduce voice-banking solutions to eliminate language barriers across the country.

• The voice-based banking solution aims at performing basic banking transactions through voice-commands in the Indian languages of Hindi, Tamil and Telugu to start with, in addition to English.
• The innovation will assist people who are illiterate and visually impaired, in their banking services and help the underbanked population in overcoming language barriers during their banking activities.
• The project is expected to roll out a pilot in around 12-18 months and potentially scale them in the next 2-3 year.

Question:

Q.1 Which of these languages is not part of the initial voice-banking solution?
a. Hindi
b. Tamil
c. Telugu
d. Kannada