MCQs - 2026-05

Chatbots and virtual assistants provide 24/7 support and guide users through the loan application process.

AI models analyze diverse data points, including non-traditional data, to predict repayment behavior more accurately.

AI-powered platforms use algorithms to assess creditworthiness quickly, leading to faster loan approvals.

The primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.

The Monetary Policy Committee (MPC) is a statutory body under the RBI Act, 1934, responsible for fixing the benchmark interest rate.

The RBI has maintained the repo rate at 6.50% to ensure inflation aligns with the target while supporting growth.

The PMGDISHA scheme is an initiative of the Ministry of Electronics and Information Technology (MeitY), Government of India.

The main objective of PMGDISHA is to make at least one person digitally literate in every eligible rural household, thereby empowering them to access digital services and participate in the knowledge economy.

PMGDISHA stands for Pradhan Mantri Gramin Digital Saksharta Abhiyan, a scheme aimed at making at least one person digitally literate in every eligible rural household.

A key component of NHM's approach is strengthening public health infrastructure, including primary, secondary, and tertiary care facilities, to ensure comprehensive healthcare delivery.