Answer-What is the main aim of the RBI’s newly formed committee on Artificial Intelligence (AI) in th...

The Reserve Bank of India set up a committee to develop a Framework for Responsible and Ethical Enablement of Artificial Intelligence FREE-AI in the financial sector, with the aim of ensuring ethical AI usage and assessing its current adoption.

Question

What is the main aim of the RBI’s newly formed committee on Artificial Intelligence (A

I in the financial sector?

A To regulate the pricing of AI-based financial products

B To create a framework for ethical AI usage in financial services

C To monitor AI adoption in global financial markets

D To develop new AI-based financial products

E To impose taxes on AI-driven financial companies

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What is the main aim of the RBI’s newly formed committee on Artificial Intelligence (A

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