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    • Question

      Which of the following organization launched Supervisory

      monitoring system “DAKSH”?
      A RBI Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C NABARD Correct Answer Incorrect Answer
      D IRDAI Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India has launched a new 'SupTech' initiative DAKSH - the bank's Advanced Supervisory Monitoring System, which is expected to make the supervisory processes more robust. DAKSH is a web-based end-to-end workflow application through which RBI shall monitor compliance requirements in a more focused manner with the objective of further improving the compliance culture in Supervised Entities (SEs) like Banks, NBFCs, etc

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