Question

The Reserve Bank of India (RBI) established an eight-member committee to develop a Framework for Responsible and Ethical Al (FREE-AI) adoption in the financial sector in December 2024. Who is the chairperson of this committee?

• A. Raghuram Rajan
• B. Arvind Subramanian
• C. Urjit Patel
• D. Pushpak Bhattacharyya

Answer 1

Answer:

D. Pushpak Bhattacharyya

Recently, RBI has established an eight-member committee to develop a Framework for Responsible and Ethical AI (FREE-AI) adoption in the financial sector. The committee is chaired by Professor Pushpak Bhattacharyya from IIT Bombay and consists of specialists from academia, government, and industry. The committee is tasked with creating guidelines and frameworks to ensure ethical Al practices in financial institutions. Pushpak Bhattacharyya is known for his expertise in Al and natural language processing, making him a suitable choice for leading this initiative.