RBI Partners with APIX To Host HaRBInger 2024 Hackathon:Innovation for Transformation

Current Context: The Reserve Bank of India (RBI) and APIX are partnering to host HaRBInger 2024, a global hackathon focused on driving innovation in the financial sector.

• Here's the key details:
• Goal: Develop solutions to enhance security and financial inclusion in the Indian financial ecosystem.
• Themes:
• Combatting Fraud
• Financial Inclusion for the Differently-abled
• Challenge Categories:
• Real-time fraud detection
• Ensuring transaction anonymity
• Identifying mule accounts
• Empowering visually impaired users in financial transactions
• Organizers:
• Reserve Bank of India (RBI)
• APIX (leading global collaborative platform for financial institutions)

Question:

1 Which organization is partnering with the Reserve Bank of India (RBI) to host HaRBInger 2024?

• A) Google
• B) World Bank
• C) Microsoft
• D) APIX

Answer: D) The Reserve Bank of India (RBI) and APIX are partnering to host HaRBInger 2024, a global hackathon focused on driving innovation in the financial sector.