MCQs on Entertainment Current Affairs

411.

As of 2026, which ministry is primarily responsible for the organization and announcement of the National Film Awards in India?

A Ministry of Information and Broadcasting

B Ministry of Culture

C Ministry of Home Affairs

D Ministry of Tourism

412.

The Digital Rupee (e-Rupee) is designed to be a legal tender and is based on which fundamental principle?

A Decentralized peer-to-peer transactions without central authority

B Backed by a basket of foreign currencies

C Direct liability of the central bank

D Volatile market-driven value

413.

Which institution is primarily responsible for issuing and regulating India's Digital Rupee (e-Rupee)?

A Ministry of Finance, Government of India

B National Payments Corporation of India (NPCI)

C Reserve Bank of India (RBI)

D Securities and Exchange Board of India (SEBI)

414.

What type of digital currency is India's Digital Rupee (e-Rupee)?

A A private cryptocurrency like Bitcoin

B A Central Bank Digital Currency (CBDC)

C A stablecoin pegged to a basket of commodities

D A decentralized autonomous organization (DAO) token

415.

How often is the Monetary Policy Committee (MPC) of the Reserve Bank of India mandated to meet in a financial year?

A Bi-annually (Twice a year)

B Quarterly (Four times a year)

C Annually (Once a year)

D Monthly (Twelve times a year)

416.

Which of the following is a quantitative tool used by the RBI in its monetary policy to control liquidity in the economy?

A Moral Suasion

B Repo Rate

C Direct Action

D Rationing of Credit

417.

What is the primary objective of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC)?

A Maximizing government revenue

B Maintaining price stability while keeping in mind the objective of growth

C Regulating foreign exchange markets exclusively

D Promoting competition among commercial banks

418.

The Pradhan Mantri Jan Dhan Yojana is administered by which ministry in India?

A Ministry of Finance

B Ministry of Rural Development

C Ministry of Electronics and Information Technology

D Ministry of Home Affairs

419.

As of 2026, what is a key feature of the Jan Dhan Yojana accounts that encourages their usage?

A High interest rates on all deposits.

B Availability of a RuPay debit card and an overdraft facility.

C Mandatory investment in government bonds.

D Guaranteed high returns on insurance policies.

420.

The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched with the primary objective of:

A Providing housing loans to all citizens.

B Ensuring access to financial services like banking, savings, deposit accounts, remittance, credit, and insurance.

C Offering subsidies for mobile phone connections.

D Promoting investment in stock markets.

MCQs - 2026-08