Modi and Sitharaman inaugurate RBI's Rs 169-crore data centre and Cybersecurity Training Institute
GS3Economy · S&T · Environment · Security· Monetary policy, RBI & banking· Prelims·
Cybersecurity and financial infrastructure: a GS3 case study on safeguarding national financial integrity.
Why in news
Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman inaugurated the Reserve Bank of India's Rs 169-crore data centre and Cybersecurity Training Institute in Jatni.
Background
The facility is an 18.55-acre site in Jatni, representing the second such site for the RBI after Navi Mumbai. The foundation stone for the project was laid by Shaktikanta Das on March 22, 2023.
Facts for Prelims
- FactThe RBI data centre and Cybersecurity Training Institute in Jatni cost Rs 169-crore.
- PlaceThe Jatni facility is the second RBI data centre site after Navi Mumbai.
- PostShaktikanta Das laid the foundation stone for the facility on March 22, 2023.
Prelims practice question
With reference to the RBI's new data centre and training institute, consider the following statements:
- The facility is located in Jatni and represents the second such site for the RBI.
- The project is valued at Rs 169-crore.
- The facility is the first data centre site established by the RBI.
Which of the statements given above is/are correct?
- (a)3 only
- (b)1 and 2 only
- (c)1 and 3 only
- (d)1, 2 and 3
Show answer
Answer: (b) 1 and 2 only — Statements 1 and 2 are correct. Statement 3 is incorrect: It is the second such site after Navi Mumbai.
For Mains
Q. Discuss the significance of establishing dedicated data centres and cybersecurity training institutes for central banks in safeguarding the integrity of the national financial system.
Dimensions to cover in your answer
- Infrastructure resilience: Mitigating systemic risks from large-scale cyber-attacks on core banking systems
- Skill gap: Addressing the shortage of specialized cybersecurity expertise in the financial regulatory framework
Keywords: Cybersecurity · Data Sovereignty · Financial Infrastructure · Digital Resilience · Monetary Policy
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This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.