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MCQs - 2026-04

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2141.
The new framework is expected to lead to consolidation in which sector?
A Traditional banking sector
B Fintech sector
C Real estate sector
D Automobile manufacturing
2142.
Which of the following is NOT a mandated aspect of the new RBI digital lending framework?
A Transparent interest rate disclosure
B Robust grievance redressal mechanisms
C Mandatory physical verification of all borrowers
D Strict adherence to fair practices
2143.
What is a primary objective of the RBI's unified regulatory framework for digital lending?
A To promote unregulated growth of digital lending apps
B To reduce competition in the digital lending market
C To enhance consumer protection and transparency
D To allow LSPs to set their own interest rate disclosure norms
2144.
According to the new framework, how must loan disbursements and repayments be executed?
A Through any third-party payment gateway
B Directly between the borrower and the Lending Service Provider (LSP)
C Directly between the borrower and the Regulated Entity (RE)
D Via a digital wallet of the borrower's choice
2145.
Which entities are covered under RBI's new unified regulatory framework for digital lending?
A Only Regulated Entities (REs)
B Only Lending Service Providers (LSPs)
C Both Regulated Entities (REs) and Lending Service Providers (LSPs)
D Only foreign digital lending platforms
2146.
When did the Reserve Bank of India announce the unified regulatory framework for digital lending?
A April 1, 2026
B April 8, 2026
C March 31, 2026
D May 1, 2026
2147.
Consider the following statements: 1. The MoU between India and Botswana focuses on cooperation in the field of Information and Communication Technology (ICT). 2. The Ministry of External Affairs will be the nodal ministry for this agreement. Which of the statements given above is/are correct?
A 1 only
B 2 only
C Both 1 and 2
D Neither 1 nor 2
2148.
What is a potential impact of the India-Botswana MoU on ICT cooperation?
A Reduced foreign investment in Botswana's tech sector
B Increased trade and investment in the technology sector
C Decreased focus on digital transformation in India
D Limited knowledge sharing between the nations
2149.
Which of the following is NOT a likely area of collaboration mentioned in the context of the India-Botswana ICT MoU?
A Digital Infrastructure
B Emerging Technologies
C Cybersecurity
D Traditional Handicrafts Promotion
2150.
The MoU between India and Botswana aims to foster collaboration in which of the following areas?
A Agriculture and Rural Development
B Information and Communication Technology (ICT)
C Space Exploration
D Renewable Energy
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