Current Affairs & MCQs
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MCQs - 2026-04

1301.
The development of the e-Rupee positions India as a leader in which area of financial technology?
A Traditional banking systems.
B Central Bank Digital Currencies (CBDCs).
C Stock market trading platforms.
D Insurance product development.
1302.
What potential benefit does the 'programmability' feature of the e-Rupee offer?
A Allowing unlimited money printing.
B Enabling conditional payments for welfare schemes and subsidies.
C Facilitating anonymous transactions.
D Reducing the need for internet connectivity.
1303.
The RBI is exploring interoperability between the e-Rupee and which popular existing payment system?
A NEFT
B RTGS
C IMPS
D UPI
1304.
Which of the following is a new use case being tested in the expanded pilot phase of the e-Rupee?
A Issuance of physical currency.
B Cross-border payments and remittances.
C Trading of cryptocurrencies.
D Offline cash withdrawals from ATMs.
1305.
What is the official name of India's Central Bank Digital Currency (CBDC) being piloted by the RBI?
A Digital Rupee
B e-Rupee
C Bharat Coin
D Digital India Currency
1306.
Besides financial prudential norms, what other area receives renewed focus in the RBI's revised NBFC guidelines?
A Expansion into non-financial services.
B Cybersecurity preparedness and data protection.
C Reduction in the number of physical branches.
D Focus solely on rural lending.
1307.
The new guidelines for NBFCs emphasize enhanced disclosure norms. What kind of information will be more granularly provided?
A Employee salaries and benefits.
B Asset quality, profitability, and risk exposures.
C Marketing strategies and advertising spend.
D Details of office infrastructure.
1308.
Which category of NBFCs faces stricter capital adequacy and liquidity requirements under the new guidelines?
A Lower-layer NBFCs
B Middle-layer NBFCs
C Upper-layer NBFCs
D All NBFCs face uniform requirements.
1309.
The revised guidelines classify NBFCs into different tiers based on:
A Geographical presence.
B Size and systemic importance.
C Number of employees.
D Type of financial products offered.
1310.
What is a primary objective of the RBI's revised guidelines for Non-Banking Financial Companies (NBFCs) issued on April 4, 2026?
A To reduce the number of NBFCs in the market.
B To strengthen the regulatory framework, corporate governance, and risk management.
C To encourage unregulated lending practices.
D To shift all financial services to public sector banks.