Current Affairs & MCQs
Latest Questions, Daily Updates & More

MCQs - 2026-04

1481.
What is the 'output floor' introduced in the Basel III finalization reforms?
A A minimum interest rate for loans.
B A limit on the extent to which banks can reduce their risk-weighted assets (RWAs) by using internal models.
C A maximum leverage ratio for banks.
D A minimum liquidity coverage ratio.
1482.
The RBI's roadmap for Basel III finalization, announced on April 3, 2026, mandates Indian banks to adopt new standardized approaches for which risks?
A Market risk and liquidity risk.
B Credit risk and operational risk.
C Interest rate risk and foreign exchange risk.
D Systemic risk and sovereign risk.
1483.
What is the primary objective of the Basel III framework?
A To increase bank profitability.
B To strengthen bank capital requirements, improve risk management, and enhance transparency.
C To reduce the number of banks in the system.
D To promote aggressive lending practices.
1484.
The Basel Accords are international banking regulations established by:
A The International Monetary Fund (IMF).
B The World Bank.
C The Basel Committee on Banking Supervision (BCBS).
D The Financial Stability Board (FSB).
1485.
The expansion of the retail CBDC pilot aims to assess all of the following EXCEPT:
A Technological robustness.
B Privacy aspects.
C Profitability of private cryptocurrency exchanges.
D Overall impact on the Indian financial ecosystem.
1486.
What is a potential benefit of integrating CBDC with government welfare schemes?
A Increased reliance on intermediaries.
B Enhanced efficiency and transparency of direct benefit transfers.
C Reduced accessibility for beneficiaries.
D Higher processing fees for the government.
1487.
Which of the following is a new use case being explored in the expanded retail CBDC pilot?
A Only person-to-person (P2P) transactions.
B Cross-border CBDC payments and integration with welfare schemes.
C Trading of digital assets on decentralized exchanges.
D Issuance of private digital tokens.
1488.
On April 3, 2026, the RBI announced the expansion of its pilot for which segment of the Central Bank Digital Currency (CBDC)?
A Wholesale segment only.
B Retail segment.
C Both wholesale and retail segments.
D Cross-border transactions only.
1489.
What is a Central Bank Digital Currency (CBDC)?
A A cryptocurrency issued by private entities.
B A digital form of a country's fiat currency that is a central bank liability.
C A digital token representing ownership in a company.
D A decentralized ledger technology for financial transactions.
1490.
What is a significant positive implication of India's robust digital payments ecosystem?
A Increased reliance on cash transactions.
B Reduced financial inclusion.
C Enhanced financial inclusion and a more transparent economy.
D Higher transaction costs for businesses.