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Current Affairs & MCQs
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MCQs 2026

1.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
2.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
3.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
4.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
5.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
6.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
7.
What specific measure does the RBI's enhanced cybersecurity framework emphasize regarding third-party service providers used by banks?
A Banks must avoid using any third-party service providers
B Banks must conduct thorough due diligence, risk assessment, and continuous monitoring of third-party service providers
C Third-party service providers are solely responsible for their own cybersecurity
D RBI directly audits all third-party service providers of banks
8.
According to RBI's enhanced cybersecurity guidelines, which body within a bank is primarily responsible for formulating and overseeing the implementation of the bank's cybersecurity policy?
A The IT Department Head
B The Chief Information Security Officer (CISO)
C The Board of Directors/IT Strategy Committee of the Board
D The Internal Audit Department
9.
The RBI's enhanced Cybersecurity Framework for Banks primarily aims to achieve which of the following?
A To standardize banking software across all banks
B To ensure robust cyber resilience and effective cyber crisis management in banks
C To mandate the use of specific antivirus software for all bank employees
D To centralize all IT infrastructure of public sector banks
10.
What is the purpose of the 'cooling-off period' or 'look-up period' introduced by the RBI in its digital lending guidelines?
A To allow borrowers to repay the loan early without penalty
B To provide borrowers with an option to exit the loan by paying the principal and proportionate annual percentage rate (APR) without penalty
C To enable LSPs to verify borrower's creditworthiness
D To allow REs to revise loan terms
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