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MCQs 2026

11.
Under the revised RBI digital lending guidelines effective in 2026, what is a crucial aspect regarding the outsourcing of any activity related to digital lending?
A Lenders are prohibited from outsourcing any part of the loan lifecycle.
B Outsourced activities must be performed by entities holding a specific RBI license for digital lending.
C Lenders remain fully responsible for the actions of their outsourcing partners and must ensure compliance with the framework.
D Outsourcing is only permitted for customer acquisition and not for loan servicing.
12.
As of 2026, which of the following is a key enhancement introduced by the Reserve Bank of India (RBI) in its digital lending framework to further protect consumers?
A Mandatory pre-payment of all digital loans within 24 hours.
B Requirement for lenders to disclose all-in cost of loans upfront and obtain explicit consent for all charges.
C Introduction of a fixed interest rate cap for all digital loans, irrespective of loan amount.
D Prohibition of any form of recovery agent involvement in digital lending.
13.
What is the total outlay approved for the PM-JANMAN Scheme for its implementation period?
A ₹10,000 crore
B ₹24,104 crore
C ₹35,000 crore
D ₹50,000 crore
14.
On which significant date was the PM-JANMAN Scheme launched?
A January 26, 2024
B August 15, 2023
C November 15, 2023
D October 2, 2023
15.
The PM-JANMAN Scheme was launched primarily to improve the socio-economic conditions of which specific group?
A Urban poor
B Farmers
C Particularly Vulnerable Tribal Groups (PVTGs)
D Women entrepreneurs
16.
Under which Union Ministry is the PM-eBus Sewa Scheme primarily implemented?
A Ministry of Road Transport and Highways
B Ministry of Heavy Industries
C Ministry of Housing and Urban Affairs
D Ministry of Power
17.
The PM-eBus Sewa Scheme aims to augment city bus operations by deploying how many e-buses across cities?
A 5,000 e-buses
B 10,000 e-buses
C 15,000 e-buses
D 20,000 e-buses
18.
When was the PM-eBus Sewa Scheme approved by the Union Cabinet?
A August 2023
B January 2024
C December 2022
D March 2023
19.
The International Day for the Remembrance of the Slave Trade and its Abolition aims to highlight the historical significance of which event?
A The abolition of serfdom in Russia
B The transatlantic slave trade and its abolition
C The end of the American Civil War
D The establishment of the United Nations
20.
Which United Nations organization designated August 23rd as the International Day for the Remembrance of the Slave Trade and its Abolition?
A UNICEF
B WHO
C UNESCO
D UNDP
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