Current Affairs & MCQs
Latest Questions, Daily Updates & More

MCQs 2026

21.
The RBI's new digital lending guidelines are a response to:
A A decline in digital transactions
B Concerns over predatory lending practices and rapid fintech growth
C A lack of innovation in the banking sector
D Increased demand for unsecured loans
22.
Which entities are required to ensure compliance with the updated RBI digital lending regulations?
A Only fintech startups
B Only traditional banks
C Banks and Non-Banking Financial Companies (NBFCs) involved in digital lending
D Only government-backed lending institutions
23.
What does the RBI emphasize regarding borrower data on digital lending platforms?
A Unrestricted sharing of data with all financial institutions
B Minimal data collection with no privacy concerns
C Strict data privacy and security measures with explicit consent for usage
D Data retention for an indefinite period without user notification
24.
Which of the following is mandated by the new RBI guidelines for digital lending platforms?
A Mandatory use of biometric authentication
B Upfront disclosure of all charges and fees to borrowers
C Automatic loan approval without borrower verification
D Sharing borrower data with third-party advertisers
25.
What is a primary objective of the RBI's recent guidelines for digital lending?
A To encourage aggressive lending practices
B To increase the number of digital lending platforms
C To enhance transparency and protect borrowers
D To reduce the role of banks in digital lending
26.
The 'Nari Shakti Udyam Protsahan Yojana' primarily targets which demographic?
A Rural women farmers
B Women in government service
C Women entrepreneurs
D Women pursuing higher education
27.
What is an expected impact of the 'Nari Shakti Udyam Protsahan Yojana'?
A Increased dependency of women on government aid.
B Reduced women's participation in the economy.
C Reduced gender disparity in entrepreneurship.
D Decreased overall GDP contribution from women.
28.
Which of the following is NOT a component of the support offered under the 'Nari Shakti Udyam Protsahan Yojana'?
A Financial assistance
B Mandatory government job placement
C Skill development
D Market linkages
29.
What is the primary objective of the 'Nari Shakti Udyam Protsahan Yojana'?
A To provide free education to girls.
B To offer housing subsidies to women.
C To provide comprehensive support to women entrepreneurs.
D To establish women-only police stations.
30.
Which ministries collaborated to launch the 'Nari Shakti Udyam Protsahan Yojana'?
A Ministry of Finance and Ministry of Commerce
B Ministry of Education and Ministry of Skill Development
C Ministry of Women and Child Development and Ministry of MSME
D Ministry of Rural Development and Ministry of Agriculture