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511.

What is the purpose of the 'cooling-off' or 'look-up' period introduced by RBI for digital loans?

A To allow borrowers to repay the loan early without penalty.

B To provide borrowers an option to exit the loan by paying the principal and proportionate APR without penalty.

C To allow lenders to re-evaluate the borrower's creditworthiness.

D To enable LSPs to collect additional documentation.

512.

According to RBI's new norms, what is the primary responsibility of regulated entities (REs) concerning Lending Service Providers (LSPs)?

A LSPs are solely responsible for all customer grievances.

B REs must ensure LSPs adhere to fair practices and data privacy.

C LSPs can independently sanction loans without RE approval.

D REs are not accountable for the actions of LSPs.

513.

What is a key norm introduced by RBI for digital lending platforms regarding loan disbursement?

A Loans must be disbursed directly into the borrower's bank account.

B Loans can be disbursed to the LSP's account first.

C Loans can be disbursed in cash.

D Loans can be disbursed to any third-party account.

514.

Which ministry is the nodal ministry for the implementation of the NIPUN Bharat Mission?

A Ministry of Women and Child Development

B Ministry of Education

C Ministry of Social Justice and Empowerment

D Ministry of Health and Family Welfare

515.

The NIPUN Bharat Mission primarily aims to achieve foundational literacy and numeracy for children in which age group/grade level?

A Age 3-6 years (Pre-school)

B Grade 1-3

C Age 3-9 years (till Grade 3)

D Grade 4-5

516.

What does "NIPUN" stand for in the NIPUN Bharat Mission?

A National Initiative for Proficiency in Understanding and Numeracy

B National Initiative for Promoting Universal Numeracy

C National Initiative for Proficiency in Reading with Understanding and Numeracy

D National Initiative for Primary Understanding and Numeracy

517.

Under the PM-Surya Ghar Muft Bijli Yojana, what is the maximum subsidy provided for a 3 kW rooftop solar system?

A ₹60,000

B ₹78,000

C ₹90,000

D ₹1,00,000

518.

What is the total outlay approved by the Union Cabinet for the PM-Surya Ghar Muft Bijli Yojana?

A ₹55,000 crore

B ₹65,000 crore

C ₹75,000 crore

D ₹85,000 crore

519.

What is the primary target of the PM-Surya Ghar Muft Bijli Yojana in terms of households?

A 50 lakh households

B 1 crore households

C 2 crore households

D 5 crore households

520.

What is the primary objective behind the global celebration of International Day of Yoga?

A To promote tourism in India

B To encourage competitive sports

C To raise awareness worldwide about the many benefits of practicing yoga

D To celebrate ancient Indian festivals

MCQs - 2026-06