Current Affairs & MCQs
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MCQs 2026

21.
Which of the following aspects of NBFC operations will be subject to stricter guidelines under the new RBI framework?
A Marketing and advertising budgets.
B Asset classification and provisioning norms.
C Employee training programs.
D Branch network expansion.
22.
The enhanced prudential norms for NBFCs are aimed at:
A Increasing the profitability of NBFCs.
B Reducing competition between NBFCs and banks.
C Strengthening financial resilience and mitigating systemic risks.
D Encouraging aggressive lending practices.
23.
Under the new RBI framework, which role is mandated for all Systemically Important NBFCs (SI-NBFCs)?
A Chief Compliance Officer (CCO).
B Chief Financial Officer (CFO).
C Chief Risk Officer (CRO).
D Chief Operations Officer (COO).
24.
A key enhancement in the prudential norms for SI-NBFCs includes:
A A reduction in the Capital to Risk-Weighted Assets Ratio (CRAR).
B A higher Capital to Risk-Weighted Assets Ratio (CRAR) requirement.
C Relaxation of provisioning norms for non-performing assets.
D Reduced oversight on governance and risk management practices.
25.
Which category of Non-Banking Financial Companies (NBFCs) is primarily targeted by the enhanced prudential norms announced by the RBI on April 3, 2026?
A All NBFCs uniformly.
B Small-scale NBFCs with limited assets under management.
C Systemically Important NBFCs (SI-NBFCs).
D NBFCs focused solely on microfinance.
26.
What does the strong investor interest in India's Sovereign Green Bonds indicate?
A A lack of alternative investment opportunities.
B Growing confidence in India's commitment to sustainability and ESG investments.
C A preference for short-term, high-yield instruments.
D A decline in the global demand for government debt.
27.
The issuance of Sovereign Green Bonds by India is aligned with its commitments under:
A The World Trade Organization (WTO) agreements.
B The International Monetary Fund (IMF) lending programs.
C The Paris Agreement and Net-Zero emission targets.
D The G20 framework for economic cooperation.
28.
The proceeds from Sovereign Green Bonds are earmarked for financing projects in which of the following sectors?
A Defense manufacturing and space exploration.
B Renewable energy, clean transportation, and sustainable water management.
C Information technology and digital infrastructure.
D Healthcare and pharmaceutical research.
29.
Which government entity acts as the issuer and manager for India's Sovereign Green Bonds?
A Securities and Exchange Board of India (SEBI).
B Ministry of Environment, Forest and Climate Change.
C Reserve Bank of India (RBI).
D National Bank for Agriculture and Rural Development (NABARD).
30.
What is the primary objective of India's Sovereign Green Bonds (SGBs)?
A To reduce the fiscal deficit of the government.
B To finance green infrastructure projects and promote climate action.
C To provide liquidity to the banking sector.
D To manage foreign exchange reserves.