MCQs - 2026-08

The RBI's 2026 digital lending guidelines have strengthened consumer protection by prohibiting practices such as charging interest rates above the repo rate, offering automatic top-up loans without explicit customer consent, and disclosing customer data to third-party marketing agencies without consent.

The RBI's enhanced digital lending framework in 2026 permits Scheduled Commercial Banks and NBFCs to undertake digital lending. Additionally, other entities can engage in digital lending activities only with specific prior approval from the RBI, ensuring greater regulatory oversight.

Source sustainability measures such as recharge and reuse through greywater management, water conservation, and rainwater harvesting are mandatory components of the Jal Jeevan Mission.

JJM adopts a community-based approach to water management, emphasizing extensive information, education, and communication (IEC) as a key component of the mission.

The Jal Jeevan Mission aims to provide Functional Household Tap Connection (FHTC) to every rural household by 2024, ensuring safe and adequate drinking water.

Institutional land holders, along with present or former holders of constitutional posts and serving or retired government employees (excluding multi-tasking staff), are excluded from the PM-KISAN scheme.

The PM-KISAN scheme is a central sector scheme with 100% funding from the Government of India, implemented by the Ministry of Agriculture and Farmers Welfare.

Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, eligible farmer families are provided with a financial benefit of Rs 6,000 per year in three equal installments of Rs 2,000 each.

The United Nations General Assembly proclaimed August 9 as the International Day of the World's Indigenous Peoples in December 1994, marking the date of the first meeting of the UN Working Group on Indigenous Populations in 1982.

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