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MCQs - 2026-04

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2721.
The internationalization of UPI is being spearheaded by which subsidiary of NPCI?
A NPCI Digital Solutions
B NPCI International Holdings Limited (NIH)
C NPCI Global Payments
D NPCI Fintech Innovations
2722.
What is a primary benefit for Indian citizens traveling to countries where UPI is integrated?
A Increased need for foreign currency exchange.
B Simplified transactions and reduced need for currency exchange.
C Higher transaction fees compared to local payment methods.
D Limited acceptance of UPI payments.
2723.
As of April 3, 2026, which of the following countries have officially integrated their payment systems with India's UPI?
A United States, Canada, and Mexico
B United Kingdom, France, and Germany
C Singapore, Malaysia, and United Arab Emirates (UAE)
D Australia, New Zealand, and Japan
2724.
Which organization is responsible for the development and implementation of the Unified Payments Interface (UPI)?
A Reserve Bank of India (RBI)
B National Payments Corporation of India (NPCI)
C Indian Banks' Association (IBA)
D Ministry of Electronics and Information Technology (MeitY)
2725.
The issuance of SGBs is expected to enhance India's international reputation by:
A Increasing its reliance on foreign debt.
B Signaling a strong commitment to climate action and sustainable development.
C Reducing its participation in global climate forums.
D Focusing solely on domestic environmental issues.
2726.
What is India's long-term climate target mentioned in relation to the SGB initiative?
A Net Zero emissions by 2050
B Net Zero emissions by 2070
C Reducing emissions by 50% by 2030
D Achieving carbon neutrality by 2040
2727.
The proceeds from India's Sovereign Green Bonds are intended to be utilized for projects in which of the following sectors?
A Space exploration and satellite development.
B Renewable energy, energy efficiency, and climate change adaptation.
C Urban development and smart city initiatives only.
D Healthcare infrastructure and medical research.
2728.
Which ministry announced the successful issuance of the second tranche of Sovereign Green Bonds on April 4, 2026?
A Ministry of Environment, Forest and Climate Change
B Ministry of Power
C Ministry of Finance
D Ministry of New and Renewable Energy
2729.
What is the primary purpose of Sovereign Green Bonds (SGBs) issued by the Indian government?
A To finance general infrastructure projects.
B To fund defense expenditure.
C To finance projects with environmental benefits.
D To manage foreign exchange reserves.
2730.
The RBI's revised digital lending framework is expected to have a positive impact on financial inclusion by:
A Increasing the cost of digital loans.
B Reducing trust in digital lending platforms.
C Boosting trust in digital lending, potentially leading to greater access.
D Discouraging the use of digital lending apps.
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