Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q58: What is the focus of Project Hertha, an initiative by the BIS Innovation Hub?

A
To examine the use of network analytics to detect financial crime in real time
B
To test instant payments with modular FX and tokenised wholesale central bank money
C
To study how tokenisation can improve wholesale payments
D
To assess the feasibility of embedding regulatory requirements into a common protocol
✅ Correct Answer: A
Project Hertha is an initiative by the BIS Innovation Hub focused on examining the use of advanced network analytics to detect financial crime in real time.
This international collaboration is relevant to the RBI's Payment Systems Report - June 2025.