MCQs on Entertainment Current Affairs

1571.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

1572.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

1573.

Considering the interest rate outlook in mid-2026, what is the likely implication for borrowers if the RBI maintains a status quo on its policy rates?

A Borrowing costs are expected to decrease significantly.

B Loan EMIs are likely to remain stable in the short term.

C Lenders will offer substantial discounts on interest rates.

D The demand for loans will likely surge due to lower rates.

1574.

The RBI's Monetary Policy Committee (MPC) aims to keep inflation within a specific band. What is the mandated inflation target for the RBI, as per the current framework effective in 2026?

A 2% to 4%

B 3% to 7%

C 4% +/- 2%

D NEEDS_REVIEW

1575.

In its monetary policy statement of mid-2026, the RBI maintained its policy repo rate. What was the primary reason cited by the RBI for its cautious stance on interest rates, given the prevailing inflation scenario?

A Sustained high inflation necessitating a tight monetary policy.

B Concerns about the global economic slowdown impacting domestic growth.

C Inflationary pressures remaining above the target, requiring continued vigilance.

D A need to boost credit growth by lowering borrowing costs.

1576.

Which of the following was a key focus area for the Reserve Bank of India in the fiscal year 2025-26, as highlighted in its Annual Report?

A Aggressive reduction of the repo rate to stimulate economic growth.

B Strengthening regulatory oversight on fintech companies and digital lending.

C Phasing out of all digital payment systems by the end of the fiscal year.

D Reducing the banking sector's exposure to government securities.

1577.

The Annual Report 2025-26 also discussed the RBI's foreign exchange reserves. What was the approximate level of India's foreign exchange reserves as of March 31, 2026, as stated in the report?

A Around USD 500 billion

B Around USD 650 billion

C Around USD 750 billion

D NEEDS_REVIEW

1578.

The Reserve Bank of India's Annual Report for the fiscal year 2025-26, released in August 2026, highlighted significant trends in the Indian economy. Which of the following was a key observation regarding the banking sector's performance?

A A sharp decline in Non-Performing Assets (NPAs) across all public sector banks.

B Increased profitability and improved Capital Adequacy Ratio (CAR) for most banks.

C A significant contraction in credit growth due to heightened risk aversion.

D A substantial increase in the number of bank branches in rural areas.

1579.

According to the RBI's 2026 Digital Lending Guidelines, what is the maximum tenure for a digital loan that can be disbursed without requiring additional regulatory approval?

A 6 months

B 12 months

C 24 months

D NEEDS_REVIEW

1580.

The RBI's new Digital Lending Guidelines of 2026 emphasize the need for a clear outsourcing policy. Which of the following is a key requirement for outsourcing of any digital lending activity?

A The outsourcing entity must have a physical branch in every district.

B The regulated entity must retain full responsibility for the outsourced activity.

C The outsourced partner must be a subsidiary of the regulated entity.

D The outsourcing agreement must be for a minimum period of 10 years.

MCQs - 2026-07