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PM inaugurates RBI Data Centre and Cybersecurity Training Institute in Bhubaneswar
Why in News?
Which city now hosts RBI's new data centre? The Bhubaneswar cyber-security facts GS3 banking questions test
RBI's new data centre and cybersecurity training institute opened in Bhubaneswar.
Why it matters: factual, Prelims-type
What you need to know
2 min read
Prime Minister Narendra Modi inaugurated the Reserve Bank of India's new Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha.
The event was attended by Union Finance Minister Nirmala Sitharaman and Odisha Chief Minister Mohan Charan Majhi.
The facilities are meant to strengthen the technological and cyber-security foundation of India's financial system.
Sources: Topper IAS editorial (PIB / The Hindu / Indian Express)
Key facts
Remember these
- PM Narendra Modi inaugurated the RBI Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha.
- Union Finance Minister Nirmala Sitharaman and Odisha CM Mohan Charan Majhi attended the event.
- The facilities aim to strengthen the technological and cyber-security foundation of India's financial system.
- RBI is the central bank of India, established on 1 April 1935 under the RBI Act, 1934, headquartered in Mumbai.
- CERT-In is the national nodal agency for cyber-security incidents under the IT Act, 2000.
Prelims · Mains
How the exam will ask it
Prelims
- The Reserve Bank of India was established in 1935 under the RBI Act, 1934, and is headquartered in Mumbai.
- The new RBI Data Centre and Cybersecurity Training Institute is located in Bhubaneswar, the capital of Odisha.
- Cyber-security of the financial sector falls under both sectoral regulators such as RBI and the national agency CERT-In.
Mains
GS3 (Economy, Internal Security): Rising digital payments and cyber threats make banking infrastructure a critical asset. RBI's regulatory directions on IT governance and cyber resilience, alongside the IT Act, 2000 and CERT-In, form the policy base; a dedicated data centre and training institute build capacity and redundancy. The way forward is skilled manpower, regular audits, incident reporting and coordination between regulators.
Quick recall
Answer before you reveal
The Reserve Bank of India's new Data Centre and Cybersecurity Training Institute, inaugurated by the Prime Minister, is located in which city?
- Hyderabad
- Bhubaneswar
- Nagpur
- Chennai
Show answer
Answer: B — Correct: Bhubaneswar — The Prime Minister inaugurated the RBI Data Centre and Cybersecurity Training Institute at Bhubaneswar, Odisha. • Hyderabad — wrong: Hyderabad hosts other banking institutions but not this new RBI facility; it was opened in Odisha. • Nagpur — wrong: Nagpur has an RBI office but this facility was inaugurated in Bhubaneswar, not Nagpur. • Chennai — wrong: Chennai is a regional RBI centre but the new institute is in Bhubaneswar, Odisha.
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