Current Affairs & MCQs
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MCQs 2026

11.
What is the name of the retail version of the Central Bank Digital Currency (CBDC) launched by the RBI?
A e-Rupee (eβ‚Ή-R)
B Digi-Rupee
C Bharat-Token
D RBI-Coin
12.
Which organization developed and manages the Unified Payments Interface (UPI) in India?
A Reserve Bank of India (RBI)
B National Payments Corporation of India (NPCI)
C NITI Aayog
D Ministry of Finance
13.
Which facility acts as the upper bound of the Liquidity Adjustment Facility (LAF) corridor?
A Standing Deposit Facility (SDF)
B Reverse Repo Rate
C Marginal Standing Facility (MSF)
D Cash Reserve Ratio (CRR)
14.
In the context of inflation control, what is the current 'Inflation Target' set by the Government of India for the RBI for the period ending March 31, 2026?
A 3% with a tolerance band of +/- 1%
B 5% with a tolerance band of +/- 2%
C 4% with a tolerance band of +/- 2%
D 6% with a tolerance band of +/- 1%
15.
Which of the following is the primary tool used by the RBI to absorb surplus liquidity from the banking system on a discretionary basis?
A Repo Rate
B Variable Rate Reverse Repo (VRRR)
C Marginal Standing Facility (MSF)
D Bank Rate
16.
What is the maximum loan amount that can be sanctioned under the 'Tarun' category of the Pradhan Mantri Mudra Yojana (PMMY)?
A β‚Ή50,000
B β‚Ή5 lakh
C β‚Ή10 lakh
D β‚Ή20 lakh
17.
Which of the following are the three categories of loans offered under the Pradhan Mantri Mudra Yojana (PMMY)?
A Shishu, Kishor, Tarun
B Balak, Yuva, Vriddh
C Udyog, Vyapar, Seva
D Laghu, Madhyam, Brihat
18.
When was the Pradhan Mantri Mudra Yojana (PMMY) officially launched by the Government of India?
A April 8, 2014
B April 8, 2015
C April 8, 2016
D April 8, 2017
19.
In which year was the International Day of Multilateralism and Diplomacy for Peace observed for the first time?
A 2015
B 2017
C 2019
D 2021
20.
Which international body officially established the International Day of Multilateralism and Diplomacy for Peace through a resolution in 2018?
A UNESCO
B International Court of Justice
C United Nations General Assembly
D G20