Current Affairs & MCQs
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MCQs - 2026-05

2191.
The integration with ULI is mandated by the RBI for which category of financial institutions?
A All banks and small finance banks.
B Large Non-Banking Financial Companies (NBFCs).
C Co-operative banks and credit societies.
D Microfinance institutions only.
2192.
Which entity is responsible for developing and managing the Unified Lending Interface (ULI)?
A National Payments Corporation of India (NPCI)
B Reserve Bank of India (RBI)
C Ministry of Electronics and Information Technology (MeitY)
D A consortium of large NBFCs
2193.
What is the primary objective of the RBI's directive for large Non-Banking Financial Companies (NBFCs) to integrate with the Unified Lending Interface (ULI)?
A To increase the interest rates charged by NBFCs.
B To streamline and standardize the loan origination and processing.
C To reduce the number of loan applications processed by NBFCs.
D To encourage NBFCs to move away from digital lending.
2194.
What is a potential benefit of implementing a T+0 settlement cycle in the stock market?
A Increased risk of market manipulation.
B Reduced liquidity in the market.
C Lower capital requirements for brokers.
D Faster release of funds and reduced counterparty risk.
2195.
Which regulatory body has mandated the T+0 settlement cycle for the top 500 listed companies in India?
A Reserve Bank of India (RBI)
B Securities and Exchange Board of India (SEBI)
C Ministry of Finance
D National Stock Exchange (NSE)
2196.
What does 'T+0' settlement cycle, mandated by SEBI for the top 500 listed companies, signify?
A Settlement of trades on the same trading day (T).
B Settlement of trades on the day after the trading day (T+1).
C Settlement of trades within two trading days (T+2).
D Settlement of trades within zero trading days.
2197.
The RBI's initiative to enable offline transactions for the Digital Rupee aims to enhance which of the following?
A Financial inclusion and resilience of the payment system.
B The number of ATMs dispensing digital currency.
C The interest rates offered on digital savings accounts.
D The global adoption rate of the Indian Rupee.
2198.
Which of the following is a key characteristic of the offline mode of the Digital Rupee (CBDC)?
A Transactions are recorded on a public blockchain in real-time.
B It requires a constant internet connection for validation.
C Transactions are peer-to-peer and do not require an intermediary.
D It uses a centralized ledger maintained by the RBI.
2199.
What is the primary benefit of the RBI's newly launched nationwide offline functionality for the Digital Rupee (CBDC)?
A Increased transaction speed for all users.
B Enabling transactions in areas with limited or no internet connectivity.
C Reducing the cost of printing physical currency.
D Allowing international payments without currency conversion.
2200.
Which of the following is a likely benefit of the expanded Nari Shakti Udyami Scheme?
A Increased dependence on government subsidies.
B Reduced participation of women in the economy.
C Enhanced economic independence and employment generation for women.
D Limited scope for innovation and business growth.
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