MCQs on Entertainment Current Affairs

11.

The Annual Report 2025-26 also discussed the RBI's foreign exchange reserves. What was the approximate level of India's foreign exchange reserves as of March 31, 2026, as stated in the report?

A Around USD 500 billion

B Around USD 650 billion

C Around USD 750 billion

D NEEDS_REVIEW

12.

The Reserve Bank of India's Annual Report for the fiscal year 2025-26, released in August 2026, highlighted significant trends in the Indian economy. Which of the following was a key observation regarding the banking sector's performance?

A A sharp decline in Non-Performing Assets (NPAs) across all public sector banks.

B Increased profitability and improved Capital Adequacy Ratio (CAR) for most banks.

C A significant contraction in credit growth due to heightened risk aversion.

D A substantial increase in the number of bank branches in rural areas.

13.

According to the RBI's 2026 Digital Lending Guidelines, what is the maximum tenure for a digital loan that can be disbursed without requiring additional regulatory approval?

A 6 months

B 12 months

C 24 months

D NEEDS_REVIEW

14.

The RBI's new Digital Lending Guidelines of 2026 emphasize the need for a clear outsourcing policy. Which of the following is a key requirement for outsourcing of any digital lending activity?

A The outsourcing entity must have a physical branch in every district.

B The regulated entity must retain full responsibility for the outsourced activity.

C The outsourced partner must be a subsidiary of the regulated entity.

D The outsourcing agreement must be for a minimum period of 10 years.

15.

As per the new Digital Lending Guidelines issued by the RBI in 2026, which of the following entities are NOT permitted to undertake digital lending activities?

A Scheduled Commercial Banks

B Non-Banking Financial Companies (NBFCs)

C Payment System Providers (PSPs) not regulated by RBI

D Small Finance Banks

16.

What is the primary goal of the 'Skill India International Centres' established under the latest phase of the mission?

A To train Indian youth for global job markets

B To provide free housing to migrant workers

C To promote tourism in rural areas

D To provide loans for small businesses

17.

Which portal serves as the central digital platform for the Skill India Mission to connect job seekers with employers?

A Skill India Digital Hub

B National Career Service (NCS) Portal

C e-Shram Portal

D Udyam Portal

18.

The latest phase of the Skill India Mission (Skill India 4.0) focuses on which of the following emerging technologies?

A Artificial Intelligence and Machine Learning

B Traditional Handicrafts only

C Basic Agriculture techniques

D Manual labor training

19.

Under PMAY-G, the unit assistance provided to beneficiaries for house construction is directly transferred to their bank accounts through which platform?

A PFMS (Public Financial Management System)

B UPI (Unified Payments Interface)

C NEFT (National Electronic Funds Transfer)

D RTGS (Real Time Gross Settlement)

20.

Which ministry is responsible for the implementation of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G)?

A Ministry of Housing and Urban Affairs

B Ministry of Rural Development

C Ministry of Panchayati Raj

D Ministry of Jal Shakti

MCQs 2026