MCQs - 2026-04

The framework seeks to foster innovation in the digital lending space while simultaneously ensuring robust consumer protection and maintaining financial stability.

The framework introduces stricter regulations on how digital lending platforms can collect and use borrower data, aiming to protect their privacy.

To enhance transparency and accountability, the framework prohibits the use of pass-through or pooling arrangements with Lending Service Providers (LSPs) for loan disbursals and repayments.

The framework mandates that all charges and fees associated with a digital loan must be clearly disclosed to the borrower upfront.

The Reserve Bank of India (RBI) is the central bank responsible for regulating lending activities in India, including digital lending.

ESG stands for Environmental, Social, and Governance, which are key factors considered by investors looking for sustainable and responsible investments.

The expanded program aims to raise more capital for green projects and improve the transparency of project selection, allocation, and impact reporting.

Sustainable water management is one of the key eligible green project categories for funding through Sovereign Green Bonds 2.0.

The Ministry of Finance, Government of India, is responsible for the issuance of sovereign debt instruments, including Sovereign Green Bonds.

Sovereign Green Bonds are debt instruments issued by governments to raise funds exclusively for projects that have positive environmental benefits.