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MCQs 2026

11.
Which of the following is a common area where RBI has tightened norms for NBFCs, particularly concerning asset quality?
A Relaxing Non-Performing Asset (NPA) classification norms
B Introducing stricter income recognition and asset classification (IRAC) norms
C Allowing NBFCs to hold unlimited liquid assets
D Reducing capital adequacy requirements
12.
What is a key reason for the RBI tightening norms for Non-Banking Financial Companies (NBFCs)?
A To encourage more NBFCs to enter the market
B To align NBFC regulations with international banking standards and mitigate systemic risks
C To reduce the overall lending capacity of NBFCs
D To promote only government-owned NBFCs
13.
The new framework by RBI for digital payment security is expected to primarily address which of the following concerns?
A Lack of physical infrastructure for payments
B Increasing instances of cyber fraud and data breaches in digital payments
C High transaction fees for digital payments
D Limited availability of digital payment options
14.
Which of the following entities are primarily covered under RBI's new framework for enhancing digital payment security?
A Only traditional banks
B Only foreign exchange dealers
C Payment System Operators (PSOs) and Payment System Participants (PSPs)
D Only government-owned financial institutions
15.
What is the primary objective of the new framework introduced by RBI for digital payment security?
A To promote cash transactions
B To enhance the security and resilience of digital payment systems
C To reduce the number of digital payment users
D To regulate international payment gateways only
16.
Which of the following categories of individuals is generally *excluded* from the benefits of the PM-KISAN scheme?
A Small and marginal farmers owning cultivable land.
B Farmers holding constitutional posts.
C Landless agricultural laborers.
D Farmers with less than 2 hectares of land.
17.
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was launched in which year?
A 2016
B 2017
C 2018
D 2019
18.
What is the annual financial assistance provided to eligible farmer families under the PM-KISAN scheme, and in how many equal installments?
A ₹6,000 in three equal installments of ₹2,000 each.
B ₹12,000 in two equal installments of ₹6,000 each.
C ₹4,000 in two equal installments of ₹2,000 each.
D ₹8,000 in four equal installments of ₹2,000 each.
19.
What is a frequently emphasized core message or theme associated with the International Day of Yoga, promoting its universal benefits?
A Yoga for Economic Prosperity
B Yoga for Global Peace
C Yoga for Health and Harmony
D Yoga for Self-Realization
20.
In which year was the first International Day of Yoga celebrated globally, following its inception by the United Nations?
A 2014
B 2015
C 2016
D 2017
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