MCQs on Entertainment Current Affairs: MIFF & StreamVerse

11.

Under the new RBI guidelines, digital lending platforms are generally required to:

A Disclose all fees and charges upfront to the borrower.

B Share borrower data with third-party apps without explicit consent.

C Charge interest rates as per their own discretion.

D Operate without any specific grievance redressal mechanism.

12.

Which of the following is a key objective of the new guidelines issued by the RBI for digital lending platforms?

A To encourage unregulated lending practices.

B To protect borrowers from unfair practices and ensure transparency.

C To increase the number of digital lending apps without oversight.

D To allow lending platforms to charge exorbitant interest rates.

13.

The term 'global headwinds' in the context of RBI's monetary policy decision typically refers to:

A Favorable international economic conditions.

B Adverse global economic or geopolitical factors impacting the domestic economy.

C Increased foreign investment inflows.

D A strong domestic currency.

14.

When the RBI decides to maintain the repo rate, what is the most likely immediate impact on the cost of borrowing for businesses and individuals?

A It will significantly decrease.

B It will remain relatively stable.

C It will increase sharply.

D It will become zero.

15.

What is the primary tool used by the Reserve Bank of India (RBI) to control inflation and manage liquidity in the economy, which was recently maintained amidst global headwinds?

A Reverse Repo Rate

B Bank Rate

C Repo Rate

D Marginal Standing Facility (MSF) Rate

16.

Which Union Ministry is primarily responsible for the implementation of the Nipun Bharat Mission?

A Ministry of Electronics and Information Technology

B Ministry of Skill Development and Entrepreneurship

C Ministry of Education

D Ministry of Rural Development

17.

The Nipun Bharat Digital Literacy Initiative is primarily aimed at improving digital literacy among which demographic group?

A Senior citizens

B School students (Foundational Stage)

C Working professionals

D Rural entrepreneurs

18.

What does 'NIPUN' stand for in the context of the Nipun Bharat Digital Literacy Initiative?

A National Initiative for Proficiency in Understanding and Numeracy

B National Initiative for Promoting Universal Digital Literacy

C National Integrated Program for Understanding Numeracy

D New Initiative for Proficiency in Universal Navigation

19.

Which of the following is NOT a component of the PMAY-G scheme?

A Financial assistance for house construction.

B Provision of 100 days of guaranteed wage employment under MGNREGA.

C Assistance for convergence with other schemes like Swachh Bharat Mission for toilet construction.

D Subsidized loans for purchasing land.

20.

Under the expanded PMAY-G, what is the unit assistance provided for the construction of a house?

A ₹1.00 lakh

B ₹1.20 lakh

C ₹1.30 lakh

D ₹1.50 lakh

MCQs 2026