Entertainment MCQs India: Film, OTT, Awards & Culture

11.

The new RBI guidelines for digital lending platforms aim to protect borrowers from unfair practices. Which of the following is a prohibited practice?

A Offering loans with a fixed interest rate.

B Charging a penalty for late payment of EMI.

C Automated credit scoring based on borrower data.

D Re-loaning or extension of loan without explicit consent and full disclosure of additional charges.

12.

As per the latest guidelines issued by the RBI in 2026 for digital lending platforms, what is a key requirement regarding the upfront disclosure of charges?

A Charges can be disclosed only after loan disbursal.

B All charges, including fees, penalties, and interest rates, must be disclosed upfront to the borrower.

C Only the interest rate needs to be disclosed upfront.

D Disclosure of charges is optional for lenders.

13.

Which of the following is NOT a characteristic of the e-Rupee (CBDC) as per current understanding?

A It is a legal tender.

B It earns interest for the holder.

C It is a liability of the central bank.

D It is transferable.

14.

What is a primary objective behind the RBI's exploration and pilot of the e-Rupee?

A To completely replace physical cash in circulation.

B To enhance financial inclusion and reduce the cost of financial transactions.

C To facilitate faster international remittances by bypassing SWIFT.

D To provide a new avenue for government borrowing.

15.

As of 2026, the pilot program for India's Central Bank Digital Currency (CBDC), the e-Rupee, has expanded to include which of the following segments?

A Wholesale segment only

B Retail segment only

C Both wholesale and retail segments

D Cross-border transactions only

16.

The Monetary Policy Committee (MPC) is responsible for setting the policy repo rate. How many members does the MPC have?

A Four

B Six

C Eight

D Ten

17.

Which of the following is a key objective of the RBI's bi-monthly monetary policy review?

A To manage the country's foreign exchange reserves.

B To ensure price stability while keeping in mind the objective of growth.

C To regulate the stock market.

D To issue new currency notes.

18.

As of the latest bi-monthly monetary policy review in 2026, what is the current stance of the Reserve Bank of India (RBI) on monetary policy?

A Accommodative

B Neutral

C Withdrawal of accommodation

D Aggressively contractionary

19.

Which of the following is a primary objective of MGNREGA in ensuring rural development?

A To promote industrialization in rural areas

B To create durable rural assets and strengthen rural livelihoods

C To encourage migration to urban centers

D To reduce the role of Panchayati Raj Institutions

20.

As per the MGNREGA provisions, what is the ratio of expenditure on works relating to natural resource management (like water conservation, drought-proofing, etc.) to the total expenditure?

A At least 40%

B At least 50%

C At least 60%

D At least 70%

MCQs 2026