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MCQs 2026

11.
As part of the tightened norms in 2026, the RBI has likely increased the Capital Adequacy Ratio (CAR) requirements for certain categories of NBFCs. What is the primary purpose of CAR?
A To measure the profitability of NBFCs.
B To ensure NBFCs have enough capital to absorb unexpected losses.
C To determine the interest rates charged by NBFCs.
D To regulate the number of branches an NBFC can open.
12.
In 2026, the RBI has tightened norms for NBFCs. Which of the following is a likely reason for this regulatory action?
A To encourage excessive lending by NBFCs.
B To ensure financial stability and mitigate systemic risks.
C To reduce the competition between banks and NBFCs.
D To allow NBFCs to operate with minimal oversight.
13.
The enhanced customer grievance redressal framework by RBI in 2026 includes provisions for a 'No Cost' resolution mechanism. What does this primarily imply for the customer?
A Customers must pay a nominal fee for faster resolution.
B The resolution process will be free of charge for the customer.
C Only certain types of complaints are eligible for no-cost resolution.
D The bank will bear all costs associated with the complaint.
14.
As per the enhanced framework in 2026, what is the typical timeline mandated by the RBI for banks to resolve customer complaints before they can escalate to the Ombudsman?
A 15 days
B 30 days
C 45 days
D 60 days
15.
In 2026, the Reserve Bank of India (RBI) enhanced its customer grievance redressal framework. Which of the following is a key objective of these enhancements?
A To reduce the number of complaints filed by customers.
B To expedite the resolution of customer complaints and improve transparency.
C To increase the fees charged for filing complaints.
D To limit the types of grievances that can be redressed.
16.
The Green Skill Development Program is aligned with which global goal?
A Sustainable Development Goals (SDGs) 2030
B World Trade Organization (WTO) norms
C G7 Military Alliance
D Space Exploration Treaty
17.
Which sector is a key beneficiary of the new Green Skill Development initiatives?
A Renewable Energy and Waste Management
B Heavy Coal Mining
C Traditional Textile Export
D Luxury Automobile Manufacturing
18.
What is the primary focus of the 'Green Skill Development Program' (GSDP) in the context of the Green Economy?
A Training youth in traditional manufacturing sectors
B Developing skills for environment and sustainable development sectors
C Focusing solely on digital literacy for rural areas
D Providing subsidies for solar panel installation
19.
Under PMAY-U 2.0, what is the focus regarding the 'Interest Subsidy' component?
A It is exclusively for BPL families
B It provides interest subsidy on home loans for the middle-income group (MIG)
C It is only for rural migrants
D It has been discontinued in Phase III
20.
Which ministry is the nodal agency for the implementation of PMAY-U?
A Ministry of Rural Development
B Ministry of Housing and Urban Affairs
C Ministry of Finance
D Ministry of Home Affairs
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