MCQs on Entertainment Current Affairs

4711.

Which of the following is a potential long-term benefit for NBFCs from these new prudential norms?

A Increased operational complexity

B Reduced investor confidence

C Improved access to funding and better investor confidence

D Higher compliance costs without commensurate benefits

4712.

What is a key objective of the enhanced liquidity management standards for NBFCs?

A To encourage higher dividend payouts

B To ensure NBFCs can meet short-term obligations during market stress

C To reduce the need for regulatory reporting

D To facilitate easier mergers and acquisitions

4713.

The new framework introduces a tiered approach to capital requirements for NBFCs based on their:

A Number of employees

B Geographical presence

C Asset size and risk profile

D Customer satisfaction ratings

4714.

The new prudential norms for NBFCs include revised:

A Interest rate caps on loans

B Capital adequacy requirements and provisioning norms

C Advertising guidelines for financial products

D Branch expansion policies

4715.

Which regulatory body in India has introduced new prudential norms for Non-Banking Financial Companies (NBFCs)?

A Securities and Exchange Board of India (SEBI)

B Ministry of Finance

C Reserve Bank of India (RBI)

D Insurance Regulatory and Development Authority of India (IRDAI)

4716.

Despite the growth in digital payments, which of the following remains a challenge?

A Ensuring digital literacy for all segments of the population

B Over-reliance on cash transactions

C Lack of smartphone penetration

D Limited internet access in urban areas

4717.

Which organization's data corroborated the milestone of digital payments surpassing traditional transactions in India?

A National Bank for Agriculture and Rural Development (NABARD)

B Reserve Bank of India (RBI)

C National Payments Corporation of India (NPCI)

D Both b and c

4718.

Which of the following is a potential benefit of increased digital payment adoption in India?

A Increased prevalence of the shadow economy

B Reduced transparency in financial dealings

C Curbing corruption and tax evasion

D Hindrance to economic efficiency

4719.

The surpassing of traditional cash transactions by digital payments in India signifies a move towards:

A Increased reliance on barter systems

B A more transparent and less-cash economy

C Greater use of foreign currencies

D A decline in financial inclusion

4720.

Which payment system has been a major driver of digital payment growth in India?

A SWIFT

B RTGS

C NEFT

D Unified Payments Interface (UPI)

MCQs - 2026-04