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MCQs 2026

131.
The guidelines aim to prevent the compromise of the financial system's integrity by ensuring:
A Unfettered growth of all Fintechs.
B Robust risk management and regulatory compliance.
C Minimal oversight on partnerships.
D Increased reliance on unverified technologies.
132.
Which of the following is a key aspect of the due diligence for Fintech partners?
A Their marketing budget.
B Their cybersecurity measures.
C Their office furniture.
D Their employee cafeteria.
133.
The framework seeks to strike a balance between enabling Fintechs and ensuring:
A Increased competition among REs.
B The integrity and stability of the financial system.
C Reduced customer choice.
D Higher transaction costs.
134.
What does the RBI emphasize regarding the monitoring of these partnerships?
A Infrequent and superficial checks.
B Ongoing monitoring and periodic review.
C No monitoring required.
D Monitoring only after a complaint is filed.
135.
Who will be held accountable for the conduct of Fintech partners concerning customer service and data privacy?
A The Fintech partner only.
B The regulated entity (RE).
C The Reserve Bank of India (RBI).
D The Ministry of Electronics and Information Technology.
136.
What must be clearly articulated in partnership agreements according to the guidelines?
A Only the profit-sharing ratio.
B Clear roles and responsibilities, risk-sharing, and exit strategies.
C The number of employees in each organization.
D The preferred office location.
137.
Which aspects of Fintech partners must REs assess during due diligence?
A Their marketing strategies only.
B Their technological capabilities, cybersecurity, and compliance frameworks.
C Their office aesthetics.
D Their social media presence only.
138.
What is a key requirement for regulated entities (REs) when partnering with Fintech companies?
A To avoid any due diligence.
B To conduct thorough due diligence on Fintech partners.
C To partner only with companies that have been in operation for over a decade.
D To outsource all risk management to Fintechs.
139.
When do the new RBI guidelines for Fintech partnerships become effective?
A September 1, 2026
B October 1, 2026
C November 1, 2026
D December 1, 2026
140.
What is the primary objective of the RBI's new guidelines for Fintech partnerships?
A To restrict Fintech innovation.
B To foster innovation while ensuring risk management and consumer protection.
C To increase the regulatory burden on Fintech companies.
D To encourage partnerships only with large financial institutions.