MCQs - 2026-06

The RBI's SBR framework introduced a Common Equity Tier 1 (CET1) capital requirement for NBFCs in the Upper Layer (NBFC-UL), similar to banks, to strengthen their capital structure.

The NBFC-Upper Layer (NBFC-UL) comprises those NBFCs identified by the Reserve Bank as warranting enhanced regulatory requirements based on a set of parameters and scoring methodology. These are subject to the most stringent regulations.

The SBR framework aims to align the regulatory framework for NBFCs with their size, complexity, and interconnectedness, thereby mitigating systemic risks and enhancing financial stability.

The scheme provides ₹6,000 per year in three equal installments of ₹2,000 each, disbursed every four months.

The direct financial support increases farmers' disposable income, allowing them to purchase inputs, meet daily expenses, and invest in agricultural activities, thereby stimulating the rural economy.

The financial assistance under PM-KISAN is directly transferred to the bank accounts of eligible beneficiaries through the Direct Benefit Transfer (DBT) mode.

Certain categories of beneficiaries, such as institutional landholders, families of former and present holders of constitutional posts, former and present Ministers/State Ministers, etc., are excluded from the scheme.

Under PM-KISAN, eligible farmer families receive ₹6,000 per year in three equal installments of ₹2,000 each.

The PM-KISAN scheme was launched on February 24, 2019, by Prime Minister Narendra Modi.

Regular yoga practice helps individuals develop better emotional regulation, leading to improved mood, increased self-awareness, and a greater sense of inner peace, contributing significantly to overall mental health.