Entertainment Current Affairs MCQs for Exams

11.

Which of the following is a key component of the RBI's Green Finance framework?

A Mandatory investment in stock markets

B Disclosure norms for climate-related financial risks

C Abolition of all interest rates

D Privatization of all public sector banks

12.

What is the main focus of the RBI's new regulatory framework for Green Finance?

A To promote coal-based energy projects

B To encourage sustainable and climate-resilient investments

C To increase the import of plastic goods

D To reduce the capital requirements for banks

13.

How does 'BharatPay' primarily support rural financial inclusion?

A By offering high-interest loans to corporations

B By simplifying digital payment access for rural users

C By banning all cash transactions

D By providing free land to farmers

14.

Which organization is the developer of the 'BharatPay' platform?

A Reserve Bank of India

B National Payments Corporation of India (NPCI)

C State Bank of India

D Ministry of Rural Development

15.

What is the primary goal of the 'BharatPay' initiative launched by NPCI?

A To increase urban luxury spending

B To enhance rural digital financial inclusion

C To replace physical currency with gold

D To provide international banking services

16.

What happens to the cost of borrowing for commercial banks when the repo rate remains unchanged?

A It increases

B It decreases

C It remains stable

D It becomes zero

17.

Which body is responsible for deciding the repo rate in India?

A Ministry of Finance

B Securities and Exchange Board of India (SEBI)

C Monetary Policy Committee (MPC)

D NITI Aayog

18.

What is the primary objective of the RBI's Monetary Policy Committee (MPC) when maintaining the repo rate?

A To increase fiscal deficit

B To maintain price stability while keeping growth in mind

C To devalue the national currency

D To reduce foreign exchange reserves

19.

The government's periodic reviews of the PM-KISAN scheme primarily aim to:

A Increase the number of non-agricultural beneficiaries.

B Assess the scheme's effectiveness in providing income support and improving farmer welfare.

C Shift the financial burden of the scheme to state governments.

D Reduce the annual financial assistance provided to farmers.

20.

What is a key measure adopted by the government to enhance transparency and ensure accurate beneficiary identification under the PM-KISAN scheme?

A Mandatory physical verification of all land records by district collectors.

B Linking Aadhaar with bank accounts and e-KYC for beneficiaries.

C Providing financial assistance only through post office savings accounts.

D Excluding farmers who own more than 5 acres of land.

MCQs 2026