Current Affairs & MCQs
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MCQs 2026

11.
The Digital Rupee (e-Rupee) is a form of which of the following?
A Cryptocurrency
B Central Bank Digital Currency (CBDC)
C Private Digital Token
D Foreign Currency
12.
What is the primary objective of introducing offline capabilities in the Digital Rupee (e-Rupee) pilot?
A To increase bank interest rates
B To facilitate transactions in areas with poor internet connectivity
C To replace physical currency completely
D To reduce the number of bank branches
13.
Which act provides the statutory basis for the Monetary Policy Committee in India?
A Banking Regulation Act, 1949
B Reserve Bank of India Act, 1934
C Finance Act, 2016
D RBI Amendment Act, 2016
14.
How many members are there in the RBI's Monetary Policy Committee (MPC)?
A 4
B 5
C 6
D 7
15.
What is the current Repo Rate as maintained by the RBI's Monetary Policy Committee?
A 6.0%
B 6.25%
C 6.5%
D 6.75%
16.
Who released the 17th installment of the PM-KISAN scheme from Varanasi, Uttar Pradesh?
A President of India
B Union Minister of Agriculture & Farmers Welfare
C Prime Minister of India
D Chief Minister of Uttar Pradesh
17.
Approximately how much amount was disbursed as the 17th installment under the PM-KISAN scheme to over 9.26 crore eligible farmer families?
A ₹15,000 crore
B ₹18,000 crore
C ₹20,000 crore
D ₹22,000 crore
18.
When was the 17th installment of the PM-KISAN scheme released?
A June 10, 2024
B June 18, 2024
C July 1, 2024
D May 25, 2024
19.
Under the PM-KISAN scheme, the annual financial support of ₹6,000 is disbursed in how many equal installments?
A Two installments of ₹3,000 each
B Three installments of ₹2,000 each
C Four installments of ₹1,500 each
D One installment of ₹6,000
20.
What is the annual financial support provided to eligible farmer families under the PM-KISAN scheme?
A ₹4,000
B ₹6,000
C ₹8,000
D ₹10,000
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