MCQs on Entertainment Current Affairs

1191.

In 2026, the RBI continues its focus on financial inclusion via digital channels. Which of the following initiatives is primarily aimed at leveraging technology to bring unbanked populations into the formal financial system?

A Introduction of a new series of high-denomination currency notes.

B Expansion of the Pradhan Mantri Jan Dhan Yojana (PMJDY) with enhanced digital onboarding features.

C Mandatory physical branch expansion in remote rural areas.

D Increasing the repo rate to encourage savings.

1192.

Which of the following is NOT a prohibited practice for Digital Lending Entities (DLEs) as per the RBI's strengthened customer protection measures in 2026?

A Charging pre-payment penalties on floating rate loans.

B Re-loaning or extension of the loan without the borrower's explicit consent.

C Disclosing the Annual Percentage Rate (APR) to the borrower.

D Collecting any charges or fees in the form of margin or upfront deduction from the loan amount.

1193.

As per the 2026 RBI guidelines on digital lending, what is the stipulated timeframe for a digital lending entity to address customer grievances regarding digital loans?

A Within 15 days of receiving the complaint.

B Within 30 days of receiving the complaint.

C Within 45 days of receiving the complaint.

D Within 60 days of receiving the complaint.

1194.

In 2026, the Reserve Bank of India (RBI) issued revised guidelines to strengthen customer protection in digital lending. Which of the following is a key measure mandated by these guidelines for all loan disbursals and repayments?

A Mandatory use of a specific RBI-approved digital lending app for all transactions.

B All loan disbursals and repayments must be executed exclusively through bank accounts of the digital lending entity and the borrower.

C Introduction of a cooling-off period of 7 days for all digital loans.

D Digital lending entities must provide a Key Fact Statement (KFS) to the borrower before the loan agreement is executed.

1195.

What is the primary goal of the 'AI for Public Good' initiative under Digital India 2.0?

A To automate private sector jobs

B To use AI to solve complex social and governance challenges

C To ban AI in government offices

D To increase the cost of digital services

1196.

Which platform is being upgraded under Digital India 2.0 to incorporate AI-driven citizen services?

A UMANG

B BHIM

C e-NAM

D DigiLocker

1197.

What is the core focus of Digital India Mission 2.0?

A Expansion of rural internet connectivity only

B Integration of Artificial Intelligence (AI) in public service delivery

C Replacing all physical offices with virtual offices

D Focusing solely on hardware manufacturing

1198.

Under PMAY-U 3.0, what is the nature of the financial assistance provided to the beneficiaries?

A Direct cash transfer of 5 lakhs

B Interest subsidy on home loans

C Free land allotment

D 100% waiver of property tax

1199.

Which ministry is the nodal agency for the implementation of PMAY-U Phase III?

A Ministry of Rural Development

B Ministry of Housing and Urban Affairs

C Ministry of Finance

D Ministry of Panchayati Raj

1200.

What is the primary objective of the Pradhan Mantri Awas Yojana (Urban) Phase III launched in 2024-25?

A To provide 1 crore additional houses to urban poor

B To focus on rental housing for migrant workers

C To provide financial assistance to 1 crore middle-class families for house construction or purchase

D To provide free electricity to all urban households

MCQs - 2026-07