MCQs 2026

The RBI's framework emphasizes the Inter-Creditor Agreement (ICA) for resolution of stressed assets involving multiple lenders, ensuring a unified approach.

The primary objective of RBI's framework for stressed assets is to ensure early identification and timely resolution of stressed assets, promoting a robust credit culture.

The RBI has mandated the provision of a 'Key Fact Statement' (KFS) to the borrower before the execution of the loan contract for all digital lending products, ensuring transparency of loan terms.

The RBI mandates that loan disbursements and repayments must be executed directly between the borrower's bank account and the Regulated Entity (RE) bank account, without any pass-through or pool account of the Lending Service Provider (LSP).

The primary objective of RBI's enhanced regulatory framework for digital lending is to protect consumers from predatory practices, ensure transparency, and promote responsible lending.

FPOs, along with PACS, Marketing Cooperative Societies, SHGs, and Agri-entrepreneurs, are eligible beneficiaries under the Agri-Infrastructure Fund.

Under the Agri-Infrastructure Fund, an interest subvention of 3% per annum is provided on loans up to Rs 2 crore for a maximum period of 7 years.

The Agri-Infrastructure Fund (AIF) provides interest subvention and credit guarantee to FPOs to build post-harvest management infrastructure and community farming assets.

The financial benefits under the PM-KISAN scheme are transferred directly to the bank accounts of the beneficiaries through the Direct Benefit Transfer (DBT) mode.

The PM-KISAN scheme is a Central Sector scheme with 100% funding from the Government of India, implemented by the Ministry of Agriculture and Farmers Welfare.