Current Affairs & MCQs
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MCQs 2026

11.
Which of the following is a likely consequence of RBI's tighter liquidity management for NBFCs?
A Increased availability of credit from NBFCs at lower interest rates.
B Potential reduction in lending by some NBFCs or an increase in their borrowing costs.
C A significant decrease in the profitability of the banking sector.
D Greater ease for NBFCs to access funds from the public.
12.
What is the primary objective of the RBI's recent measures to tighten liquidity management for Non-Banking Financial Companies (NBFCs)?
A To encourage NBFCs to increase their lending to the corporate sector.
B To curb excessive risk-taking and ensure financial stability within the NBFC sector.
C To reduce the interest rates offered by NBFCs to retail borrowers.
D To promote the merger of smaller NBFCs with larger ones.
13.
How many installments of ₹2,000 each are typically disbursed annually under PM-KISAN via DBT?
A Two
B Three
C Four
D One
14.
What is the main objective of using Direct Benefit Transfer (DBT) for PM-KISAN payments?
A To increase administrative overheads
B To reduce transparency in transactions
C To ensure timely and leak-proof delivery of funds
D To promote cash-based economy
15.
How is the financial assistance under the PM-KISAN scheme primarily transferred to the beneficiaries?
A Through postal money orders
B Via cheques issued by local authorities
C Direct Benefit Transfer (DBT) to bank accounts
D Cash payments at designated centers
16.
Which Union Ministry is responsible for the implementation of the PM-KISAN scheme?
A Ministry of Finance
B Ministry of Rural Development
C Ministry of Agriculture & Farmers Welfare
D Ministry of Food Processing Industries
17.
What is the annual financial assistance provided to eligible farmer families under the PM-KISAN scheme?
A ₹4,000
B ₹6,000
C ₹8,000
D ₹10,000
18.
When was the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme officially launched?
A December 2018
B February 2019
C April 2017
D January 2020
19.
What is the primary purpose of celebrating World Music Day?
A To promote classical music only
B To encourage amateur and professional musicians to perform publicly
C To sell musical instruments
D To organize music competitions
20.
Which country initiated the celebration of World Music Day (Fête de la Musique)?
A France
B Germany
C United Kingdom
D United States
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