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MCQs - 2026-04

1001.
Which film won the 'Best Feature Film' award at the National Film Awards?
A Kantara
B Gulmohar
C Aattam
D Rocketry: The Nambi Effect
1002.
Who was honored with the Dadasaheb Phalke Award at the National Film Awards ceremony held in New Delhi?
A Amitabh Bachchan
B Mithun Chakraborty
C Waheeda Rehman
D Rajinikanth
1003.
Which of the following is a key benefit of UPI's international expansion?
A Elimination of all currency exchange rates
B Reduced reliance on international card networks like Visa/Mastercard
C Mandatory conversion of all European currencies to INR
D Increased interest rates on savings accounts
1004.
The expansion of UPI services to European nations primarily aims to facilitate:
A Domestic retail payments within Europe
B Cross-border remittances and merchant payments for Indians
C Government tax collection in Europe
D Stock market trading in Europe
1005.
Which organization is responsible for the international expansion of UPI services?
A Reserve Bank of India
B NPCI International Payments Limited (NIPL)
C State Bank of India
D Ministry of External Affairs
1006.
Under the new framework, who is responsible for the outcomes of AI-driven credit decisions?
A The AI software developer
B The Regulated Entity (Bank/NBFC)
C The RBI itself
D The borrower
1007.
Which of the following is a key concern addressed by the RBI regarding AI in credit assessment?
A Lack of internet speed
B Algorithmic bias and lack of explainability
C High cost of hardware
D Excessive use of paper documents
1008.
What is the main objective of the RBI's regulatory framework for AI-driven credit assessment?
A To ban the use of AI in banking
B To ensure transparency, fairness, and accountability in algorithmic lending
C To increase the interest rates for AI-based loans
D To mandate the use of AI for all rural banks
1009.
Who is the issuer of the Retail Digital Rupee (e₹-R)?
A National Payments Corporation of India (NPCI)
B State Bank of India
C Reserve Bank of India (RBI)
D Ministry of Finance
1010.
Which technology is primarily used by the RBI for the CBDC-R pilot project?
A Centralized Database
B Distributed Ledger Technology (DLT)
C Cloud Computing only
D Traditional Banking Core System
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