MCQs - 2026-05

Major production houses like Yash Raj Films, Dharma Productions, and Nadiadwala Grandson Entertainment are known for their strategic planning of big-budget films, often locking in festive release dates years in advance to maximize box office potential.

The RBI has capped the First Loss Default Guarantee (FLDG) arrangements between REs and LSPs at 5% of the loan portfolio, aiming to mitigate risks and ensure that REs retain sufficient skin in the game.

The Key Fact Statement (KFS) is a mandatory disclosure that provides a concise and transparent summary of the loan terms, including interest rate, fees, and other charges, to ensure borrowers understand the financial implications.

The RBI framework states that digital lending can only be carried out by entities regulated by the RBI (Regulated Entities - REs) and entities permitted to lend under any other statutory or regulatory provision. LSPs are agents of REs.

For NBFCs in the Upper Layer, the minimum Common Equity Tier 1 (CET1) capital requirement is 9% of Risk-Weighted Assets (RWA).

NBFCs in the Upper Layer are identified as systemically significant and are subject to a regulatory framework that is bank-like, with enhanced prudential norms, including higher capital requirements and stricter governance standards.

SBR aims to align the regulatory framework for NBFCs with their systemic importance and risk profile, introducing a four-layered structure (Base Layer, Middle Layer, Upper Layer, Top Layer) with increasing regulatory stringency.

NEP 2020 mandates the introduction of vocational education from Class 6 onwards, including internships.

The integration aims to bridge the gap between foundational learning and practical skill development in rural settings.

Nipun Bharat stands for National Initiative for Proficiency in Reading with Understanding and Numeracy, focusing on FLN for children up to Grade 3.