yes i'm sure its the check engine lamp.
Is this light on the top of the LCD (over-rev light) or the left side (MIL/EOBD Light)?
From my 796 manual:
8 ) “VEHICLE/ENGINE DIAGNOSIS - EOBD” LIGHT
(AMBER YELLOW).
It turns on in the case of an engine or motorcycle error; in
some cases the engine will be locked.
9 ) OVER REV. INDICATOR LIGHTS
It comes on steady when the first rev limiter threshold (*) is
reached. Starts flashing when the rev limiter is reached.