Current Affairs & MCQs
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MCQs 2026

11.
If a merger between two large Public Sector Banks (PSBs) were to be finalized in 2025, what is a primary objective typically cited for such consolidation?
A To reduce the number of ATMs across the country.
B To enhance operational efficiency and financial strength.
C To decrease the number of banking services offered to customers.
D To increase the number of independent branches.
12.
In a significant development in the Indian banking sector in early 2025, which two major Public Sector Banks (PSBs) were reported to be in advanced talks for a strategic merger?
A Punjab National Bank and Canara Bank
B Bank of Baroda and Union Bank of India
C Indian Bank and Allahabad Bank
D NEEDS_REVIEW
13.
Under the RBI's new digital lending framework, what is the minimum tenure for which a Digital Lending App (DLA) must retain borrower data after the loan account is closed?
A 6 months
B 1 year
C 2 years
D 5 years
14.
The RBI's new framework for digital lending platforms emphasizes the principle of 'One-Fit-All'. What does this principle primarily aim to achieve?
A Ensuring all digital lending platforms offer the same interest rates.
B Standardizing the regulatory approach across different types of digital lending entities.
C Mandating a single technology platform for all digital lending operations.
D Requiring all borrowers to use a single digital lending application.
15.
As per the new framework for digital lending platforms unveiled by the RBI in 2024, which of the following is NOT a mandatory requirement for a Digital Lending App (DLA)?
A Disclosure of all-in-cost of loan to the borrower.
B Appointment of a Chief Compliance Officer (CCO) by the Lending Service Provider (LSP).
C Mandatory registration of all Lending Service Providers (LSPs) with the RBI.
D Prohibition of automatic credit limit enhancement without explicit borrower consent.
16.
Which ministry is primarily responsible for the implementation of the Pradhan Mantri Gramin Awas Yojana (PMAY-G)?
A Ministry of Housing and Urban Affairs.
B Ministry of Rural Development.
C Ministry of Social Justice and Empowerment.
D Ministry of Finance.
17.
What is the enhanced unit assistance provided under PMAY-G for the construction of a pucca house in plain areas as of 2026?
A ₹70,000
B ₹1,00,000
C ₹1,20,000
D ₹1,50,000
18.
Pradhan Mantri Gramin Awas Yojana (PMAY-G) was launched in 2016 to replace which existing rural housing scheme?
A Rajiv Awas Yojana.
B Indira Awas Yojana (IAY).
C Valmiki Ambedkar Awas Yojana (VAMBAY).
D Basic Services to Urban Poor (BSUP).
19.
The ASHA (Accredited Social Health Activist) program is a crucial component of which national scheme aimed at community health?
A Pradhan Mantri Ujjwala Yojana.
B National Health Mission.
C Swachh Bharat Abhiyan.
D Pradhan Mantri Jan Dhan Yojana.
20.
Which of the following is a key focus area under the National Health Mission (NHM) for strengthening primary healthcare access?
A Promoting space tourism.
B Strengthening public health infrastructure, especially in rural and urban areas.
C Developing high-speed rail networks.
D Providing free internet access to all citizens.
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