MCQs - 2026-04

A significant focus of discussions at the festival was the changing nature of film production and distribution, particularly in response to digital technologies.

Indian cinema, including films and documentaries, had a notable presence and was a subject of discussion at the 77th Cannes Film Festival.

The Cannes Film Festival is renowned for showcasing a diverse range of global cinema and facilitating networking and deal-making within the film industry.

The 77th edition of the Cannes Film Festival concluded on April 11, 2026, marking a significant event in the global film calendar.

The RBI's move is intended to bring greater accountability and trustworthiness to the digital lending ecosystem by establishing clear rules and oversight.

The framework requires LSPs to adhere to specific codes of conduct and outlines a clear process for grievance redressal.

Borrowers are expected to benefit from clearer terms, reduced risk of predatory lending, and improved data security under the new framework.

The framework focuses on digital operations and does not mandate investment in physical branches for digital lending platforms or LSPs.

The new framework aims to address concerns regarding transparency in loan pricing, data privacy, and fair practices in the digital lending ecosystem.

The RBI's objective is to maintain systemic stability and ensure prudent risk management within the banking sector through these revised investment norms.