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Current Affairs & MCQs
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MCQs 2026

1.
NEEDS_REVIEW
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D NEEDS_REVIEW
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B NEEDS_REVIEW
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7.
To further financial inclusion through digital channels, RBI has been encouraging the adoption of which technology that enables bank customers to perform basic banking transactions using their Aadhaar number and biometric authentication?
A Near Field Communication (NFC)
B Aadhaar Enabled Payment System (AEPS)
C Blockchain Technology
D Magnetic Stripe Cards
8.
The Pradhan Mantri Jan Dhan Yojana (PMJDY), a flagship financial inclusion program, primarily aims to provide access to which of the following for every household?
A Only credit cards and personal loans.
B Basic savings bank accounts, access to credit, insurance, and pension facilities.
C Exclusive access to stock market investments.
D Only digital wallets and prepaid cards.
9.
Which of the following digital payment systems, widely promoted by the RBI for financial inclusion, allows users to make instant payments using a virtual payment address (VPA)?
A National Electronic Funds Transfer (NEFT)
B Real Time Gross Settlement (RTGS)
C Unified Payments Interface (UPI)
D Immediate Payment Service (IMPS)
10.
Which of the following is a critical component of RBI's cybersecurity framework aimed at ensuring the resilience of banking operations against cyber-attacks?
A Mandatory annual physical security audits only.
B Implementation of a robust Cyber Crisis Management Plan (CCMP).
C Exclusive reliance on third-party security vendors for all operations.
D Disabling multi-factor authentication for internal systems to improve efficiency.
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