MCQs – MockPreps

21.

Beyond simplifying transactions for travelers, the international expansion of UPI also aims to:

A Increase the reliance on traditional SWIFT systems.

B Promote UPI as a global payment standard and foster interoperability.

C Discourage cross-border digital commerce.

D Limit the adoption of digital payment systems in partner countries.

22.

The internationalization of UPI is being spearheaded by which subsidiary of NPCI?

A NPCI Digital Solutions

B NPCI International Holdings Limited (NIH)

C NPCI Global Payments

D NPCI Fintech Innovations

23.

What is a primary benefit for Indian citizens traveling to countries where UPI is integrated?

A Increased need for foreign currency exchange.

B Simplified transactions and reduced need for currency exchange.

C Higher transaction fees compared to local payment methods.

D Limited acceptance of UPI payments.

24.

As of April 3, 2026, which of the following countries have officially integrated their payment systems with India's UPI?

A United States, Canada, and Mexico

B United Kingdom, France, and Germany

C Singapore, Malaysia, and United Arab Emirates (UAE)

D Australia, New Zealand, and Japan

25.

Which organization is responsible for the development and implementation of the Unified Payments Interface (UPI)?

A Reserve Bank of India (RBI)

B National Payments Corporation of India (NPCI)

C Indian Banks' Association (IBA)

D Ministry of Electronics and Information Technology (MeitY)

26.

The issuance of SGBs is expected to enhance India's international reputation by:

A Increasing its reliance on foreign debt.

B Signaling a strong commitment to climate action and sustainable development.

C Reducing its participation in global climate forums.

D Focusing solely on domestic environmental issues.

27.

What is India's long-term climate target mentioned in relation to the SGB initiative?

A Net Zero emissions by 2050

B Net Zero emissions by 2070

C Reducing emissions by 50% by 2030

D Achieving carbon neutrality by 2040

28.

The proceeds from India's Sovereign Green Bonds are intended to be utilized for projects in which of the following sectors?

A Space exploration and satellite development.

B Renewable energy, energy efficiency, and climate change adaptation.

C Urban development and smart city initiatives only.

D Healthcare infrastructure and medical research.

29.

Which ministry announced the successful issuance of the second tranche of Sovereign Green Bonds on April 4, 2026?

A Ministry of Environment, Forest and Climate Change

B Ministry of Power

C Ministry of Finance

D Ministry of New and Renewable Energy

30.

What is the primary purpose of Sovereign Green Bonds (SGBs) issued by the Indian government?

A To finance general infrastructure projects.

B To fund defense expenditure.

C To finance projects with environmental benefits.

D To manage foreign exchange reserves.

MCQs 2026