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MCQs 2026

11.
Why is SEBI proposing stricter norms for HFT?
A To increase the number of retail investors
B To enhance market integrity and prevent unfair advantages
C To ban all algorithmic trading in India
D To reduce the tax on stock market transactions
12.
What is High-Frequency Trading (HFT) primarily characterized by?
A Long-term investment strategies
B Use of sophisticated algorithms to execute trades in microseconds
C Manual trading by retail investors
D Trading only in government bonds
13.
Which of the following is a key feature of the e-Rupee (Retail) pilot?
A It earns interest like a savings account
B It is a token-based system that offers anonymity similar to physical cash
C It can only be used for international trade
D It is mandatory for all citizens to use
14.
What is the main difference between the e-Rupee and UPI-based transactions?
A e-Rupee is a direct liability of the RBI, whereas UPI is a payment system
B UPI is digital currency, e-Rupee is not
C There is no difference
D e-Rupee requires internet, UPI does not
15.
The Digital Rupee (e-Rupee) introduced by the RBI is a form of:
A Cryptocurrency
B Central Bank Digital Currency (CBDC)
C Private Digital Asset
D Foreign Currency
16.
Which committee is responsible for fixing the benchmark policy interest rate in India?
A Financial Stability and Development Council
B Monetary Policy Committee
C Public Accounts Committee
D Economic Advisory Council
17.
What is the primary objective of the RBI's monetary policy framework in India?
A Maintaining fiscal deficit
B Price stability while keeping in mind the objective of growth
C Regulating stock market volatility
D Managing foreign exchange reserves only
18.
As of the latest 2026 Monetary Policy Committee (MPC) review, which tool is primarily used by the RBI to manage liquidity in the banking system?
A Repo Rate
B Statutory Liquidity Ratio
C Cash Reserve Ratio
D Marginal Standing Facility
19.
By 2026, the Gramin Samriddhi Portal aims to integrate various government schemes and initiatives related to rural development. Which of the following is a likely benefit of this integration?
A Increased bureaucratic hurdles for accessing rural aid.
B Improved awareness and easier access to benefits for rural beneficiaries.
C Reduced participation of private sector in rural development.
D Centralization of all rural economic activities under a single authority.
20.
Which ministry is primarily associated with the launch and operation of the Gramin Samriddhi Portal in 2026?
A Ministry of Finance
B Ministry of Rural Development
C Ministry of Education
D Ministry of Commerce and Industry
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