MCQs 2026

Repo Rate is a key quantitative tool used by the RBI to inject or absorb liquidity from the banking system, thereby influencing interest rates and inflation. Moral suasion, direct action, and rationing of credit are qualitative tools.

The primary objective of the MPC, as mandated by the RBI Act, 1934, is to maintain price stability while keeping in mind the objective of growth.

The Pradhan Mantri Jan Dhan Yojana is implemented by the Department of Financial Services, under the Ministry of Finance.

PMJDY accounts come with a RuPay debit card and offer an overdraft facility of up to ₹10,000 for eligible account holders, promoting financial inclusion.

PMJDY aims to provide universal access to financial services, including banking accounts, insurance, and pension, to all households.

NHM prioritizes strengthening primary healthcare facilities, including sub-centres, Primary Health Centres (PHCs), and Community Health Centres (CHCs), along with ensuring adequate health workforce in rural areas.

The NHM subsumes the NRHM and NUHM, integrating their efforts to achieve universal health coverage.

The NHM aims to provide effective healthcare to all, with a special focus on rural areas, underserved and vulnerable populations.

The financial assistance under PM-KISAN is disbursed through Direct Benefit Transfer (DBT), ensuring transparency and efficiency.

The main objective of PM-KISAN is to supplement the financial needs of landholding farmers and ensure their income support.