Current Affairs & MCQs
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MCQs 2026

1.
The RBI's initiative aims to bring greater what to the digital lending ecosystem?
A Uncertainty and complexity.
B Accountability and trustworthiness.
C Informal practices and unregulated growth.
D Dependence on foreign capital.
2.
What does the new framework outline for Lending Service Providers (LSPs)?
A Complete autonomy in setting loan terms.
B Specific codes of conduct and grievance redressal processes.
C Exemption from RBI regulations.
D Permission to share borrower data freely.
3.
What benefit will borrowers likely experience due to the new framework?
A Higher interest rates on all loans.
B Reduced risk of predatory lending practices.
C Less access to loan information.
D Increased data sharing with third parties.
4.
Which of the following is NOT a mandate under the new RBI framework for digital lending?
A Clear disclosure of all charges.
B Robust data protection measures.
C Mandatory investment in physical branches.
D Adherence to codes of conduct by LSPs.
5.
What is a key concern addressed by the RBI's new framework for digital lending platforms?
A Lack of innovation in lending technology.
B Transparency, data privacy, and fair practices.
C Over-reliance on traditional banking channels.
D Insufficient competition among digital lenders.
6.
The RBI's revised guidelines are aimed at strengthening which aspect of the financial system?
A Aggressive market expansion.
B Systemic stability and prudent risk management.
C Rapid growth of unsecured lending.
D Diversification into non-financial sectors.
7.
How might these changes impact banks in the short term?
A Significant increase in immediate profits.
B Potential reduction in short-term profitability due to prudent strategies.
C No impact on profitability.
D Mandatory increase in dividend payouts.
8.
What is a primary objective of the RBI's revised investment guidelines for banks?
A To increase short-term profitability of banks.
B To encourage speculative trading by banks.
C To enhance the quality of assets held by banks and reduce risk.
D To promote investment in startups without any oversight.
9.
Which type of financial instruments are particularly affected by the new RBI norms?
A Government securities only.
B Instruments with higher risk profiles or complex structures.
C Low-risk, short-term debt instruments.
D Foreign currency denominated bonds.
10.
What has the Reserve Bank of India (RBI) recently mandated regarding banks' investments?
A Looser norms for investments in all financial instruments.
B Stricter norms for investments in certain financial instruments.
C A complete ban on investments in equity markets.
D Increased freedom to invest in unregulated entities.