Current Affairs & MCQs
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MCQs 2026

1511.
The RBI plans to periodically review and update these cybersecurity guidelines to:
A Reduce their stringency
B Keep pace with the evolving threat landscape
C Simplify compliance for PSOs
D Align with international financial standards only
1512.
The implementation of these enhanced cybersecurity measures is expected to foster greater trust among consumers in the:
A Physical banking system
B Digital payment landscape
C Traditional payment methods
D Stock market
1513.
Besides technical measures, the RBI also mandates regular training for employees on:
A Financial accounting
B Cybersecurity best practices and awareness of emerging threats
C Customer service protocols
D Marketing strategies
1514.
The RBI's proactive stance on cybersecurity is a response to:
A Decreasing cyber threats
B The escalating sophistication of cyber threats and increasing digital transactions
C A decline in the use of digital payments
D A surplus of cybersecurity professionals
1515.
What are the potential consequences for PSOs that fail to comply with the RBI's directives?
A Awards and recognition
B Monetary fines and potential suspension of operating licenses
C Tax rebates
D Government subsidies
1516.
What is the primary objective of the RBI's enhanced cybersecurity measures?
A To increase the number of digital transactions
B To protect customers' funds and data from fraud and breaches
C To reduce the cost of digital payments
D To promote competition among payment providers
1517.
The RBI's directive emphasizes the need for PSOs to conduct regular:
A Marketing campaigns
B Vulnerability assessments and penetration testing
C Employee recruitment drives
D Product development workshops
1518.
What is a key requirement mandated by the RBI for PSOs regarding transactions?
A Single-factor authentication
B No authentication required
C Multi-factor authentication
D Biometric authentication only
1519.
The RBI's directive on enhanced cybersecurity measures is applicable to which entities?
A Only commercial banks
B Only non-banking financial companies (NBFCs)
C All payment system operators (PSOs), including banks, NBFCs, and payment aggregators
D Only fintech startups
1520.
Which regulatory body in India has mandated enhanced cybersecurity measures for payment system operators?
A Securities and Exchange Board of India (SEBI)
B Insurance Regulatory and Development Authority of India (IRDAI)
C Reserve Bank of India (RBI)
D Ministry of Electronics and Information Technology (MeitY)