A key enhancement in RBI's cybersecurity framework for banks, as outlined in recent guidelines, emphasizes the critical role of which body in overseeing IT and cybersecurity risks?
A Internal Audit Department
B IT Department Head
C Board of Directors
D External Auditors
Answer: C
RBI's enhanced cybersecurity framework, particularly the MD-ITGRCA 2023, significantly strengthens the role and responsibilities of the Board of Directors and senior management in overseeing IT and cybersecurity risks.
12.
Which Master Direction issued by the Reserve Bank of India (RBI) provides a comprehensive framework for IT Governance, Risk, Controls, and Assurance Practices for all Regulated Entities, including banks, as of 2026?
A Master Direction on Cybersecurity Framework for Banks, 2016
B Master Direction on Digital Payment Security, 2020
C Master Direction on IT Governance, Risk, Controls and Assurance Practices, 2023
D Master Direction on Data Localisation Norms, 2018
Answer: C
The Master Direction on IT Governance, Risk, Controls and Assurance Practices, 2023, issued by RBI, consolidates and updates previous guidelines, providing a comprehensive framework for IT and cybersecurity for all Regulated Entities.
13.
Under the Pradhan Mantri MUDRA Yojana (PMMY), loans are provided by which of the following institutions?
A Only Public Sector Banks
B Only Regional Rural Banks (RRBs)
C Commercial Banks, RRBs, Small Finance Banks, MFIs, and NBFCs
D Only Cooperative Banks
Answer: C
MUDRA loans are disbursed by Commercial Banks, Regional Rural Banks (RRBs), Small Finance Banks (SFBs), Micro Finance Institutions (MFIs), and Non-Banking Financial Companies (NBFCs).
14.
The Pradhan Mantri MUDRA Yojana (PMMY) categorizes loans into three products based on the loan amount. Which of the following correctly lists these categories?
A Shishu, Kishore, Tarun
B Balak, Yuva, Vriddha
C Udyami, Vyapari, Karigar
D Laghu, Madhyam, Brihat
Answer: A
PMMY loans are categorized as 'Shishu' (loans up to βΉ50,000), 'Kishore' (loans from βΉ50,001 to βΉ5 lakh), and 'Tarun' (loans from βΉ5 lakh to βΉ10 lakh).
15.
What is the primary objective of the Pradhan Mantri MUDRA Yojana (PMMY)?
A Providing housing loans to the rural poor.
B Extending credit for non-corporate, non-farm small/micro enterprises.
C Offering agricultural subsidies to marginal farmers.
D Facilitating education loans for economically weaker sections.
Answer: B
The Pradhan Mantri MUDRA Yojana (PMMY) was launched to provide loans up to βΉ10 lakh to non-corporate, non-farm small/micro enterprises, thereby promoting entrepreneurship and employment.
16.
Which of the following community health workers plays a crucial role in connecting rural populations with healthcare services under the National Health Mission (NHM)?
A Anganwadi Workers (AWW)
B Accredited Social Health Activists (ASHA)
C Auxiliary Nurse Midwives (ANM)
D Village Health Guides (VHG)
Answer: B
Accredited Social Health Activists (ASHAs) are community health workers created under the National Rural Health Mission (now part of NHM) to act as a bridge between the community and the public health system, especially in rural areas.
17.
What is the overarching goal of the National Health Mission (NHM) in India?
A To provide free health insurance to all citizens above 60 years of age.
B To achieve universal access to equitable, affordable, and quality healthcare services, especially for the poor and vulnerable.
C To establish private hospitals in every district of the country.
D To focus solely on urban health infrastructure development.
Answer: B
The main programmatic goal of NHM is to achieve universal access to equitable, affordable, and quality healthcare services that are accountable and responsive to people's needs, especially for the poor and vulnerable sections of the population.
18.
The National Health Mission (NHM) was launched in 2013 by subsuming which two major health missions?
A Janani Shishu Suraksha Karyakram (JSSK) and Rashtriya Bal Swasthya Karyakram (RBSK)
B National Rural Health Mission (NRHM) and National Urban Health Mission (NUHM)
C Ayushman Bharat and Pradhan Mantri Jan Arogya Yojana (PMJAY)
D National AIDS Control Programme (NACP) and National Vector Borne Disease Control Programme (NVBDCP)
Answer: B
The National Health Mission (NHM) was launched in 2013 by subsuming the National Rural Health Mission (NRHM), launched in 2005, and the National Urban Health Mission (NUHM), launched in 2013.
19.
Which of the following statements is true regarding the funding and eligibility criteria of the PM-KISAN scheme?
A It is jointly funded by Central and State Governments, covering only small and marginal farmers.
B It is 100% funded by the Central Government, covering all landholding farmer families subject to exclusion criteria.
C It is funded by State Governments, covering only landless agricultural laborers.
D It is funded by NABARD, covering only farmers with outstanding loans.
Answer: B
PM-KISAN is a Central Sector Scheme with 100% funding from the Government of India. It covers all landholding farmer families, subject to certain exclusion criteria.
20.
Under the PM-KISAN scheme, what is the annual financial assistance provided to eligible farmer families, and in how many installments?
A βΉ4,000 in 2 installments
B βΉ6,000 in 3 installments
C βΉ8,000 in 4 installments
D βΉ10,000 in 5 installments
Answer: B
Eligible farmer families receive an annual financial assistance of βΉ6,000, paid in three equal installments of βΉ2,000 each, every four months.
