With reference to the RBI's digital initiatives, Sarthi and Pravaah, consider the following statements:

Pravaah digitises internal workflows at RBI while Sarthi focuses on external regulatory applications.

Recently, the Reserve Bank of India (RBI) received the Digital Transformation Award from Central Banking in London.

Which of the Statements given above is/are correct?

Question

Pravaah digitises internal workflows at RBI while Sarthi focuses on external regulatory applications. Incorrect: Launched in January 2023, Sarthi is an internal digital workflow system for RBI, enabling secure document storage, efficient record-keeping, and enhanced data analysis. In May 2024, Pravaah was introduced to streamline over 70 external regulatory applications, integrating smoothly with Sarthi to boost efficiency and transparency.
Recently, the Reserve Bank of India (RBI) received the Digital Transformation Award from Central Banking in London. Correct: Recently, the Reserve Bank of India (RBI) received the Digital Transformation Award from Central Banking in London. The award specifically acknowledges RBI’s initiatives, Sarthi and Pravaah, which have modernised its operations.

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Pravaah digitises internal workflows at RBI while Sarthi focuses on external regulatory applications. Incorrect: Launched in January 2023, Sarthi is an internal digital workflow system for RBI, enabling secure document storage, efficient record-keeping, and enhanced data analysis. In May 2024, Pravaah was introduced to streamline over 70 external regulatory applications, integrating smoothly with Sarthi to boost efficiency and transparency.
Recently, the Reserve Bank of India (RBI) received the Digital Transformation Award from Central Banking in London. Correct: Recently, the Reserve Bank of India (RBI) received the Digital Transformation Award from Central Banking in London. The award specifically acknowledges RBI’s initiatives, Sarthi and Pravaah, which have modernised its operations.

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