Current Affairs & MCQs
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MCQs - 2026-04

311.
What kind of investors are particularly attracted to Sovereign Green Bonds?
A Investors focused solely on short-term gains.
B Investors interested in ESG (Environmental, Social, and Governance) investments.
C Investors seeking high-risk, high-return opportunities.
D Investors who prioritize traditional industrial growth.
312.
The issuance of SGBs signals India's commitment to:
A Increased reliance on fossil fuels.
B Sustainable development and climate action.
C Reducing foreign investment.
D Promoting traditional industries.
313.
Which of the following is NOT typically a sector funded by India's Sovereign Green Bonds?
A Renewable Energy
B Energy Efficiency
C Fossil Fuel Exploration
D Clean Transportation
314.
On April 7, 2026, the Ministry of Finance announced the issuance of which financial instrument?
A Corporate Bonds
B Sovereign Green Bonds (SGBs)
C Treasury Bills
D Inflation-Indexed Bonds
315.
What is the primary purpose of India's Sovereign Green Bonds (SGBs)?
A To finance general government expenditure.
B To raise capital for climate and environmental projects.
C To reduce the fiscal deficit.
D To fund defense modernization.
316.
The RBI's initiative with the Digital Rupee positions India in which global context?
A Lagging behind in digital currency development.
B At the forefront of global CBDC development.
C Solely focused on traditional banking methods.
D Dependent on foreign digital currency models.
317.
What does the expansion of the e-INR pilot program aim to assess regarding user experience?
A The complexity of the e-INR interface.
B The interoperability with existing payment systems and overall user experience.
C The need for extensive user training.
D The limitations of digital wallets.
318.
The Digital Rupee (e-INR) is a digital form of fiat currency issued and backed by:
A Commercial Banks
B Private Technology Companies
C The Central Bank
D International Financial Institutions
319.
Which of the following is a potential benefit of a successful Digital Rupee (e-INR) in India?
A Increased reliance on physical cash.
B More efficient and cost-effective digital payment transactions.
C Reduced control over monetary policy.
D Limited access to digital payments for the unbanked.
320.
What is the primary purpose of the expanded pilot program for the Digital Rupee (e-INR) announced on April 7, 2026?
A To replace all existing forms of currency immediately.
B To test the e-INR's functionality, security, and scalability in a broader real-world setting.
C To encourage the use of private cryptocurrencies.
D To reduce the RBI's involvement in monetary policy.