As part of its in-house digital initiatives that enhanced workflow efficiency and reduced paper-based processes, which organization launched the “Pravaah” portal, recently recognized under the Digital Transformation Award 2025 by Central Banking, London?​

Correct option is B

The Reserve Bank of India (RBI) launched the “Pravaah” portal as part of its digital transformation initiatives, developed in-house by its IT department. The portal is designed to streamline regulatory processes, improve internal workflow management, and reduce paper-based submissions by enabling entities to digitally submit and track applications with the RBI.

The RBI’s efforts through Pravaah and Sarthi portals earned it the Digital Transformation Award 2025 from Central Banking, London, recognizing its leadership in digital governance and innovation.