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MCQs 2026

11.
As per the RBI's enhanced digital lending framework, who is primarily responsible for paying fees and charges to Lending Service Providers (LSPs)?
A The Regulated Entity (RE) to the LSP.
B The borrower directly to the LSP.
C The borrower to the RE, who then pays the LSP.
D The government subsidizes LSP fees.
12.
Which of the following is a key measure introduced by the RBI in its enhanced digital lending framework to protect consumers?
A Mandating direct disbursal and repayment of loans between the borrower's bank account and the Regulated Entity.
B Allowing Lending Service Providers (LSPs) to manage a pool account for loan disbursals.
C Removing the requirement for a Key Fact Statement (KFS) for small-value digital loans.
D Permitting automatic increase in credit limits based on repayment history.
13.
The 'Digital Krishi Sahayak' portal is an initiative by which ministry in 2026?
A Ministry of Electronics and Information Technology
B Ministry of Agriculture and Farmers Welfare
C Ministry of Commerce and Industry
D Ministry of Rural Development
14.
Which of the following is a key feature expected from the 'Digital Krishi Sahayak' portal launched in 2026?
A Personalized weather forecasts for specific farm locations.
B A platform for trading agricultural land.
C Online auction of farm machinery.
D Direct credit facility for crop loans.
15.
In 2026, the Ministry of Agriculture and Farmers Welfare launched a new portal named 'Digital Krishi Sahayak'. What is its primary function?
A To provide real-time market prices for agricultural produce.
B To offer digital advisory services and information to farmers.
C To facilitate online registration for government subsidies.
D To connect farmers directly with consumers for sales.
16.
Which ministry is responsible for the implementation of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G)?
A Ministry of Rural Development
B Ministry of Housing and Urban Affairs
C Ministry of Agriculture and Farmers Welfare
D Ministry of Finance
17.
What is the primary objective of the expansion of PMAY-G Phase III in 2026?
A To provide commercial properties to rural households.
B To ensure 'Housing for All' by 2026 in rural areas.
C To offer loans for agricultural land purchase.
D To develop urban infrastructure in villages.
18.
In 2026, which phase of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) has been announced for expansion to further accelerate rural housing?
A Phase I
B Phase II
C Phase III
D Phase IV
19.
Which institution is the overarching regulatory body for digital payments and payment systems in India?
A SEBI
B IRDAI
C RBI
D NPCI
20.
Which payment system has been the primary driver behind the significant growth in India's digital transactions, contributing largely to the 100 billion milestone?
A NEFT
B RTGS
C IMPS
D UPI
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