MCQs 2026

The RBI mandates that loan disbursals and repayments must be executed directly between the Regulated Entity (RE) and the borrower's bank account, without any involvement of a pass-through account of the Lending Service Provider (LSP) or any third party, to enhance transparency and accountability.

The RBI mandated the introduction of a 'Key Fact Statement' (KFS) for all digital loans to ensure greater transparency for borrowers regarding the all-inclusive cost of the loan, tenure, and other terms.

The platform enhances employability by issuing blockchain-verified digital credentials and integrating with job portals to match skills with industry demand.

The National Skill Development Corporation (NSDC) operates under the Ministry of Skill Development and Entrepreneurship and manages the Skill India Digital ecosystem.

Skill India Digital 2.0 focuses on leveraging AI to provide personalized learning paths and connecting vocational training with current industry requirements.

For plain areas, the cost of unit assistance under PMAY-G is shared between the Central and State governments in the ratio of 60:40.

The Ministry of Rural Development is the nodal ministry responsible for the implementation of the PMAY-G scheme across the country.

PMAY-G Phase III aims to ensure housing for all by providing financial assistance for the construction of pucca houses with basic amenities to eligible rural families.

World Zoonoses Day commemorates the anniversary of Louis Pasteur's successful vaccination against rabies on July 6, 1885, a significant milestone in understanding and controlling zoonotic diseases.

The 'One Health' concept is a collaborative, multisectoral, and transdisciplinary approach—working at the human-animal-environment interface—to optimize health and well-being.