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MCQs 2026

51.
What is a key reason behind SEBI's proposal for stricter norms for Alternative Investment Funds (AIFs)?
A To encourage more retail participation
B To enhance transparency and investor protection
C To reduce compliance burden on fund managers
D To promote unregulated investments
52.
The new RBI guidelines mandate that digital lending apps must obtain explicit consent from borrowers for accessing what type of data?
A Call logs
B Contact lists
C Device storage
D All of the above, including device resources like camera, microphone, and location
53.
According to the new RBI guidelines, which entities are permitted to disburse and repay loans in digital lending?
A Only Lending Service Providers (LSPs)
B Only Regulated Entities (REs)
C Both LSPs and REs
D Any third-party payment aggregator
54.
What is a primary objective of the new RBI guidelines for digital lending platforms?
A To promote unregulated lending
B To enhance customer protection and transparency
C To increase foreign investment in fintech
D To reduce interest rates across the board
55.
Which of the following is a member of the G7?
A India
B China
C Germany
D Brazil
56.
What is the primary focus of G7 coordination on global security?
A Promoting regional trade blocs only
B Addressing geopolitical challenges and maintaining international order
C Setting global interest rates
D Managing the internal migration policies of non-member states
57.
Which of the following countries is NOT a member of the G7?
A Canada
B Russia
C Italy
D Japan
58.
Which of the following is a key objective of the India-UAE CEPA?
A To increase bilateral trade to $100 billion within five years
B To establish a common currency between the two nations
C To merge the stock exchanges of India and UAE
D To create a joint military command
59.
In which year was the India-UAE CEPA officially signed?
A 2020
B 2021
C 2022
D 2023
60.
What does CEPA stand for in the context of India-UAE trade relations?
A Comprehensive Economic Partnership Agreement
B Common Economic Policy Agreement
C Cooperative Economic Promotion Agreement
D Central Economic Partnership Arrangement