Current Affairs & MCQs
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MCQs - 2026-04

81.
Under the Prompt Corrective Action (PCA) framework, which of the following is NOT a key monitoring parameter for banks?
A Capital to Risk-weighted Assets Ratio (CRAR)
B Net Non-Performing Assets (Net NPA)
C Tier 1 Leverage Ratio
D Market Capitalization
82.
The 'Payment Infrastructure Development Fund' (PIDF) scheme was primarily launched to encourage the deployment of payment infrastructure in which areas?
A Only Metro Cities
B Tier-1 and Tier-2 centers
C Tier-3 to Tier-6 centers and North Eastern states
D International Financial Service Centres (IFSC)
83.
What is the name of the retail version of the Central Bank Digital Currency (CBDC) launched by the RBI?
A e-Rupee (e₹-R)
B Digi-Rupee
C Bharat-Token
D RBI-Coin
84.
Which organization developed and manages the Unified Payments Interface (UPI) in India?
A Reserve Bank of India (RBI)
B National Payments Corporation of India (NPCI)
C NITI Aayog
D Ministry of Finance
85.
Which facility acts as the upper bound of the Liquidity Adjustment Facility (LAF) corridor?
A Standing Deposit Facility (SDF)
B Reverse Repo Rate
C Marginal Standing Facility (MSF)
D Cash Reserve Ratio (CRR)
86.
In the context of inflation control, what is the current 'Inflation Target' set by the Government of India for the RBI for the period ending March 31, 2026?
A 3% with a tolerance band of +/- 1%
B 5% with a tolerance band of +/- 2%
C 4% with a tolerance band of +/- 2%
D 6% with a tolerance band of +/- 1%
87.
Which of the following is the primary tool used by the RBI to absorb surplus liquidity from the banking system on a discretionary basis?
A Repo Rate
B Variable Rate Reverse Repo (VRRR)
C Marginal Standing Facility (MSF)
D Bank Rate
88.
What is the maximum loan amount that can be sanctioned under the 'Tarun' category of the Pradhan Mantri Mudra Yojana (PMMY)?
A ₹50,000
B ₹5 lakh
C ₹10 lakh
D ₹20 lakh
89.
Which of the following are the three categories of loans offered under the Pradhan Mantri Mudra Yojana (PMMY)?
A Shishu, Kishor, Tarun
B Balak, Yuva, Vriddh
C Udyog, Vyapar, Seva
D Laghu, Madhyam, Brihat
90.
When was the Pradhan Mantri Mudra Yojana (PMMY) officially launched by the Government of India?
A April 8, 2014
B April 8, 2015
C April 8, 2016
D April 8, 2017