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61.
A sustained surge in the manufacturing sector typically leads to which of the following economic benefits for a country like India?
A Increased import dependence and higher trade deficit.
B Higher unemployment rates and reduced GDP growth.
C Job creation, increased exports, and enhanced GDP contribution.
D Decreased foreign exchange reserves and capital outflow.
62.
Which government initiative has been instrumental in boosting domestic manufacturing and attracting investments across various sectors in India?
A Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
B Production Linked Incentive (PLI) Scheme
C Pradhan Mantri Jan Dhan Yojana (PMJDY)
D National Health Mission (NHM)
63.
Which two factors are primarily credited for the recent surge in India's manufacturing sector?
A Declining global trade and reduced foreign direct investment.
B Strong domestic demand and supportive government policies.
C Increased reliance on imported raw materials and skilled labor shortage.
D High inflation rates and a depreciating rupee.
64.
Alternative Investment Funds (AIFs) in India are primarily characterized as:
A Publicly traded mutual funds regulated by IRDAI.
B Privately pooled investment vehicles investing in diverse assets.
C Government-backed pension funds for public sector employees.
D Retail investment schemes for small individual investors.
65.
Which of the following is a key area where SEBI is likely to introduce stricter norms for AIFs, particularly concerning investor protection?
A Mandating AIFs to invest only in government securities.
B Requiring direct payout of distributions to investors and enhanced disclosure of fees and expenses.
C Eliminating the need for AIFs to register with SEBI.
D Allowing AIFs to lend directly to retail customers.
66.
What is a primary reason for SEBI considering stricter norms for Alternative Investment Funds (AIFs)?
A To encourage more retail investors into AIFs.
B Concerns over transparency, valuation practices, and potential for evergreening of loans.
C To reduce the overall capital available for startups.
D To align Indian AIF regulations with global cryptocurrency norms.
67.
A key provision in the RBI's digital lending guidelines to enhance borrower protection is the introduction of a 'cooling-off period'. What does this period allow borrowers to do?
A Negotiate a lower interest rate with the lender.
B Exit the loan by repaying the principal without penalty.
C Apply for an additional top-up loan.
D Extend the loan tenure without extra charges.
68.
According to RBI's digital lending guidelines, which entity is primarily responsible for all loan disbursements and repayments?
A Loan Service Providers (LSPs)
B Digital Lending Apps (DLAs)
C Regulated Entities (REs)
D Payment Gateways
69.
What is the primary objective of the RBI's new digital lending guidelines?
A To promote rapid growth of digital lending platforms.
B To ensure fair practices and protect borrowers from predatory lending.
C To restrict foreign investment in digital lending.
D To mandate a uniform interest rate across all digital loans.
70.
As the host of the G7 Summit 2026, Italy's efforts to deepen ties with Japan can be seen as part of a broader strategy to achieve what?
A Build consensus and strengthen partnerships among G7 members
B Isolate non-G7 nations from global discussions
C Promote a specific regional agenda over global issues
D Reduce its own economic dependence on other G7 members
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