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MCQs 2026

1.
Under the new framework, OTT platforms are expected to adhere to a code of ethics and a three-tier grievance redressal mechanism. What is the highest tier in this mechanism?
A Self-regulatory body
B Industry body
C Ministry of Information and Broadcasting
D Consumer Forum
2.
The new regulatory framework for OTT platforms aims to address concerns related to:
A Content classification and grievance redressal
B Data privacy and security
C Monopoly of streaming services
D All of the above
3.
Which government body is primarily responsible for implementing the new regulatory framework for OTT platforms in India?
A Ministry of Finance
B Ministry of Information and Broadcasting
C Ministry of Electronics and Information Technology
D Telecom Regulatory Authority of India (TRAI)
4.
The 2026 Cannes Film Festival marked the ______ edition of the prestigious event.
A 77th
B 78th
C 79th
D 80th
5.
Who received the Best Actor award at the 2026 Cannes Film Festival?
A Jean Dubois for 'The Last Waltz'
B Kenji Tanaka for 'Samurai's Oath'
C Mateo Rossi for 'Crimson Tide'
D Aiden O'Connell for 'The Whispering Woods'
6.
Which film won the Palme d'Or at the 2026 Cannes Film Festival?
A The Whispering Woods
B Echoes of Tomorrow
C Crimson Tide
D Starlight Serenade
7.
Which of the following tools is often encouraged by the RBI in its stressed asset resolution frameworks for multiple lenders to a common borrower?
A Direct government bailout
B Inter-Creditor Agreement (ICA)
C Unilateral debt write-off by the largest lender
D Mandatory conversion of debt into equity for all lenders
8.
The RBI's new framework for resolution of stressed assets typically applies to which entities?
A Only Public Sector Banks
B Only Private Sector Banks
C All Scheduled Commercial Banks (excluding Regional Rural Banks)
D All regulated entities including banks, NBFCs, and other financial institutions
9.
What is a key characteristic of the RBI's new framework for resolution of stressed assets?
A It mandates a specific timeline for resolution plans and referral to NCLT if not resolved.
B It allows banks to indefinitely delay the recognition of stressed assets.
C It primarily focuses on providing interest waivers for all defaulting borrowers.
D It restricts the use of the Insolvency and Bankruptcy Code (IBC) for stressed asset resolution.
10.
Enhanced prudential norms for NBFCs typically include measures aimed at improving which of the following aspects?
A Capital adequacy and asset quality
B Risk management and corporate governance
C Transparency and disclosure standards
D All of the above
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