Current Affairs & MCQs
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MCQs 2026

1.
Green deposits are a key component of the RBI's green finance initiative. What are they?
A Deposits used exclusively for agricultural loans
B Deposits earmarked for environmentally friendly projects
C Deposits that earn zero interest
D Deposits made only in foreign currency
2.
Which term is often used to describe the financial risks arising from climate change?
A Market volatility
B Climate-related financial risks
C Liquidity crunch
D Fiscal deficit
3.
What is the primary focus of the RBI's new regulatory framework for Green Finance?
A Promoting digital banking
B Encouraging sustainable and climate-resilient investments
C Reducing the number of bank branches
D Increasing interest rates on savings accounts
4.
Which technology is the foundation of the RBI's Digital Rupee?
A Blockchain/Distributed Ledger Technology
B Cloud Computing
C Artificial Intelligence
D Quantum Computing
5.
The retail e-Rupee pilot program is primarily intended for which type of transactions?
A Inter-bank settlements
B Government securities trading
C Retail transactions by the general public
D International trade payments
6.
What is the 'e-Rupee' launched by the RBI?
A A new cryptocurrency
B Central Bank Digital Currency (CBDC)
C A digital payment gateway
D A government bond
7.
Which of the following is the primary objective of the Monetary Policy Committee?
A Maintaining price stability while keeping in mind the objective of growth
B Managing the fiscal deficit of the government
C Regulating the stock market
D Issuing new currency notes
8.
How many members are there in the RBI's Monetary Policy Committee (MPC)?
A 4
B 5
C 6
D 7
9.
What is the current Repo Rate as maintained by the RBI's Monetary Policy Committee?
A 6.00%
B 6.25%
C 6.50%
D 6.75%
10.
The Pradhan Mantri Kaushal Udyam Yojana is designed to benefit which demographic group primarily?
A Senior citizens
B Women entrepreneurs
C Youth
D Farmers