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    Question

    In the context of the Reserve Bank of India’s 2025

    report on AI, what does the acronym "FREE AI" stand for? 
    A Financial Reporting and Electronic Exchange for AI Correct Answer Incorrect Answer
    B Framework for Responsible and Ethical Enablement of AI Correct Answer Incorrect Answer
    C Federated Research for Electronic Evaluation of AI Correct Answer Incorrect Answer
    D Financial Risk and Ethical Evaluation of AI Correct Answer Incorrect Answer
    E Formal Rules for Economic Efficiency in AI Correct Answer Incorrect Answer

    Solution

    The RBI released the FREE-AI Report in 2025, which introduced "Seven Sutras" (principles) to guide the responsible and ethical adoption of Artificial Intelligence in the Indian financial sector.

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