MCQs on Entertainment Current Affairs (July 2026)

11.

Under the RBI's framework for resolution of stressed assets, what is the maximum period allowed for implementing a resolution plan for an MSME, once invoked?

A 90 days

B 120 days

C 180 days

D 270 days

12.

What is the maximum aggregate exposure limit for an MSME borrower to be eligible for resolution under the RBI's framework for stressed assets, without being classified as an NPA?

A ₹10 crore

B ₹25 crore

C ₹50 crore

D ₹100 crore

13.

Under the RBI's framework for digital lending, what is a mandatory requirement for Lending Service Providers (LSPs) regarding their IT systems?

A LSPs are required to conduct annual external IT audits.

B LSPs must use only open-source software.

C LSPs are exempt from IT audit requirements if they are small.

D LSPs must share their source code with the RBI.

14.

Which of the following is a primary objective of RBI's enhanced cybersecurity framework for digital lending platforms?

A To promote cross-border digital lending operations.

B To ensure data privacy and security of borrowers' information.

C To reduce the operational costs for digital lenders.

D To standardize interest rates across all digital lending products.

15.

What is a key requirement for Regulated Entities (REs) and Lending Service Providers (LSPs) regarding data storage under RBI's cybersecurity framework for digital lending?

A All customer data must be stored exclusively on servers located within India.

B Data can be stored anywhere globally, provided it's encrypted.

C Only financial transaction data needs to be stored in India.

D Data storage location is at the discretion of the LSP.

16.

The National Skill Development Mission (NSDM) aims to enhance employability. When focusing on Green Jobs, what is a key outcome expected by 2026?

A Increased reliance on imported green technologies.

B A larger pool of skilled professionals ready for the green economy.

C Reduced investment in renewable energy research.

D A decline in the demand for sustainable products.

17.

Which of the following sectors is LEAST likely to be covered under the 'Green Jobs' initiative of the National Skill Development Mission (NSDM) as of 2026?

A Solar panel installation and maintenance.

B Waste management and recycling.

C Fossil fuel extraction and processing.

D Sustainable forestry and afforestation.

18.

In 2026, the National Skill Development Mission (NSDM) is expanding its focus to include 'Green Jobs'. What is the primary aim of this expansion?

A To reduce the number of skilled workers in the country.

B To train individuals for employment in sectors contributing to environmental sustainability and climate change mitigation.

C To discourage the development of renewable energy technologies.

D To focus solely on traditional manufacturing skills.

19.

Which of the following categories of beneficiaries are prioritized under the Pradhan Mantri Gramin Awas Yojana (PMGAY) for receiving housing assistance?

A All rural households irrespective of income.

B Households without a pucca house, with specific priority given to SC/ST, freed bonded labourers, and disabled persons.

C Only families with an annual income above ₹3 lakh.

D Urban dwellers who have migrated to rural areas.

20.

As of 2026, what is the typical unit assistance provided under the Pradhan Mantri Gramin Awas Yojana (PMGAY) for the construction of a new house in plain areas?

A ₹1.20 lakh

B ₹1.50 lakh

C ₹2.00 lakh

D ₹2.50 lakh

MCQs 2026