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      Question

      As part of the Utkarsh 2029 strategy, the RBI plans to

      develop an indigenous AI tool based on purpose-built Large Language Model (LLM) for its internal operations. What is this AI tool called?
      A Project Sa-Mudra Correct Answer Incorrect Answer
      B CBDC Correct Answer Incorrect Answer
      C ULI Framework Correct Answer Incorrect Answer
      D Indigenous-built LLM Correct Answer Incorrect Answer
      E Project Mausam Correct Answer Incorrect Answer

      Solution

      Under the Utkarsh 2029 strategy, the RBI plans to develop an indigenous Artificial Intelligence (AI) tool based on a purpose-built Large Language Model (LLM) for its internal operations. The strategy also plans to advance Project Sa-Mudra to modernise currency management systems, expand the use of Central Bank Digital Currency (CBDC) for cross-border payments, and scale up the Unified Lending Interface (ULI) to enhance access to credit for underserved segments.

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