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MCQs 2026

11.
What is the main goal of the RBI's National Strategy for Financial Inclusion (NSFI) 2019-2024?
A To increase the number of bank branches in metropolitan areas.
B To provide access to formal financial services to all citizens.
C To promote cashless transactions only.
D To regulate cryptocurrency.
12.
Which initiative by RBI aims to promote digital payments in rural and semi-urban areas by providing incentives to banks and payment system operators?
A National Electronic Funds Transfer (NEFT)
B Real-Time Gross Settlement (RTGS)
C Payment Infrastructure Development Fund (PIDF)
D Unified Payments Interface (UPI)
13.
What is the primary objective behind RBI enhancing the customer grievance redressal mechanism?
A To reduce the number of customer complaints.
B To provide a single point of reference for customers to file complaints against regulated entities.
C To increase the operational efficiency of banks.
D To promote digital banking.
14.
Which of the following entities are covered under the RBI's Integrated Ombudsman Scheme, 2021?
A Only Commercial Banks
B Commercial Banks, NBFCs, and Payment System Participants
C Only Public Sector Banks
D Only Cooperative Banks
15.
What is the integrated grievance redressal mechanism launched by RBI for customers?
A Banking Ombudsman Scheme
B Integrated Ombudsman Scheme, 2021
C Consumer Protection Act
D RBI Grievance Cell
16.
Which of the following is NOT an example of an advanced digital skill that PMGDISHA is now focusing on for upskilling rural citizens?
A Cybersecurity awareness
B Data analytics
C Cloud computing
D Basic file management (creating, saving, opening files)
17.
The initiative to impart advanced digital skills under PMGDISHA primarily aims to achieve what for rural youth?
A To encourage migration to urban areas.
B To enhance employability and foster entrepreneurship.
C To reduce the need for formal education.
D To promote traditional agricultural practices.
18.
Beyond basic digital literacy, PMGDISHA is now emphasizing training in which of the following advanced digital skills?
A Basic computer operations and email usage
B Online banking and digital payment methods
C Coding, Artificial Intelligence (AI), and Machine Learning (ML)
D Using social media platforms
19.
What is the target number of individuals to be made digitally literate under the PMGDISHA scheme?
A 1 crore
B 3 crore
C 6 crore
D 10 crore
20.
The PMGDISHA scheme is implemented under the aegis of which Union Ministry?
A Ministry of Rural Development
B Ministry of Electronics and Information Technology (MeitY)
C Ministry of Finance
D Ministry of Education
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