MCQs: Entertainment Current Affairs (August 27, 2026)

11.

What is the primary purpose of the 'Key Fact Statement' (KFS) that Regulated Entities (REs) are required to provide to borrowers for all digital loans?

A To serve as a marketing brochure for other financial products.

B To provide a summary of the loan agreement, including the Annual Percentage Rate (APR), fees, and other charges, in a standardized format.

C To collect additional personal data from the borrower for credit scoring.

D To act as a legally binding contract without any further documentation.

12.

As per the RBI's enhanced digital lending guidelines, which of the following is a mandatory requirement for the disbursement and repayment of loans?

A Funds must be disbursed directly into the borrower's bank account by the Regulated Entity (RE) and repayments collected directly by the RE.

B Loan Service Providers (LSPs) can disburse funds and collect repayments on behalf of REs.

C Borrowers can choose to receive funds in their digital wallets, with repayments made through any payment aggregator.

D The guidelines allow for cash disbursement for small-value digital loans.

13.

Which of the following is a likely area of focus for projects undertaken under the 'Sahyog-Gram' Initiative, given its objective of collaboration between academic institutions and rural communities?

A Development of advanced AI algorithms for stock market prediction.

B Implementation of smart farming techniques and renewable energy solutions in villages.

C Construction of large-scale industrial manufacturing units.

D Establishment of international trade agreements for rural produce.

14.

What is a key objective of the 'Sahyog-Gram' Initiative, launched in 2026, in its approach to rural development?

A To relocate rural populations to urban centers for better opportunities.

B To promote sustainable livelihood options and improve the quality of life in villages.

C To centralize all rural governance under a single national authority.

D To encourage migration from rural to urban areas for employment.

15.

The 'Sahyog-Gram' Initiative, launched in 2026, is primarily aimed at fostering collaboration between which two sectors to promote rural development?

A Urban Municipalities and Rural Panchayats

B Academic Institutions and Rural Communities

C Industrial Hubs and Agricultural Cooperatives

D National Parks and Wildlife Sanctuaries

16.

Which government ministry is the nodal agency responsible for the implementation and expansion of the PM-Vidyalaxmi Scheme?

A Ministry of Education

B Ministry of Finance

C Ministry of Skill Development and Entrepreneurship

D Ministry of Home Affairs

17.

The PM-Vidyalaxmi Scheme, in its current phase (as of 2026), primarily targets students seeking higher education. Which of the following is NOT a typical area of support under this scheme?

A Loans for undergraduate and postgraduate studies in India and abroad.

B Scholarships for vocational training programs.

C Financial aid for primary and secondary education.

D Information portal for various educational loan schemes.

18.

As of 2026, which of the following is a key objective of the expanded PM-Vidyalaxmi Scheme aimed at improving educational access and financial support for students?

A To provide direct cash transfers to all students enrolled in government schools.

B To facilitate access to educational loans and scholarships for meritorious and economically weaker students.

C To digitize the entire curriculum of all Indian universities.

D To establish new physical schools in every district of India.

19.

While originating in the U.S., Women's Equality Day serves as a global reminder for gender parity. Which of the United Nations' Sustainable Development Goals (SDGs) specifically aims to achieve gender equality and empower all women and girls?

A SDG 1: No Poverty

B SDG 3: Good Health and Well-being

C SDG 5: Gender Equality

D SDG 10: Reduced Inequalities

20.

The 19th Amendment to the U.S. Constitution, which is celebrated on Women's Equality Day, primarily granted which fundamental right to women?

A Right to equal pay for equal work

B Right to own property

C Right to vote

D Right to education

MCQs 2026