The GSAT-N2 satellite, launched to boost India's digital connectivity, was primarily launched using which launch vehicle?
A LVM3
B Falcon 9
C PSLV-C58
D SSLV-D3
Answer: B
Due to the high mass of the GSAT-N2 (approx 4700 kg), ISRO utilized the SpaceX Falcon 9 launch vehicle for its deployment in 2024-25.
42.
Which satellite series is ISRO currently deploying as its next-generation high-throughput communication satellite system in 2026?
A GSAT-N series
B INSAT-4 series
C CMS-03 series
D RISAT-3 series
Answer: A
ISRO has transitioned to the GSAT-N series (specifically GSAT-N2/GSAT-20) to provide high-throughput satellite (HTS) capacity to meet the growing demand for broadband and inflight connectivity.
43.
To enhance transparency and accountability in digital lending, the RBI mandates that borrowers must be clearly informed about which entities?
A Only the Digital Lending App (DLA) name.
B The name of the Regulated Entity (RE) and the Lending Service Provider (LSP) upfront.
C The names of all third-party data analytics firms involved.
D Only the contact details of the recovery agents.
Answer: B
A core tenet of the RBI's digital lending norms is to ensure that borrowers know exactly who they are dealing with. Therefore, the name of the Regulated Entity (RE) and the Lending Service Provider (LSP) must be prominently displayed and communicated to the borrower upfront.
44.
Under the RBI's enhanced transparency norms for digital lending, what must be explicitly disclosed to the borrower upfront regarding loan charges?
A Only the principal amount and interest rate.
B All fees and charges, including penal charges, in a transparent manner.
C Only the EMI amount, without breaking down other charges.
D The lender is not required to disclose charges if they are below a certain threshold.
Answer: B
The RBI's guidelines emphasize complete transparency. All fees and charges, including penal charges, must be disclosed upfront to the borrower in a clear and comprehensive manner, typically through the Key Fact Statement (KFS), to avoid hidden costs.
45.
Which mandatory document, introduced by the RBI for digital lending, ensures that borrowers receive a standardized summary of the loan terms, including APR, fees, and charges, before loan execution?
A Loan Sanction Letter
B Key Fact Statement (KFS)
C Credit Information Report
D Terms and Conditions Agreement
Answer: B
The RBI mandates the provision of a 'Key Fact Statement (KFS)' to borrowers for all digital loans. This document provides a standardized, clear, and concise summary of the loan terms, including the Annual Percentage Rate (APR), all fees, and charges, enabling borrowers to make informed decisions.
46.
The RBI's digital lending guidelines, in effect by 2026, introduced a 'cooling-off period' for borrowers. What is the primary purpose of this provision?
A To allow borrowers to repay the loan early without any prepayment penalties.
B To provide borrowers with an option to exit the loan by repaying the principal without penalty, if they decide not to proceed.
C To enable lenders to re-evaluate the borrower's creditworthiness after loan disbursement.
D To offer a grace period for delayed EMI payments without incurring penal charges.
Answer: B
The 'cooling-off period' (or look-up period) allows borrowers to exit the loan by repaying the principal amount along with the proportionate Annual Percentage Rate (APR) without any penalty, if they decide not to proceed with the loan after disbursement. This enhances consumer protection by giving borrowers time to reconsider.
47.
Under the RBI's enhanced digital lending norms, what is a mandatory requirement regarding the collection of user data by Digital Lending Apps (DLAs)?
A DLAs are prohibited from collecting any user data beyond basic KYC.
B DLAs must obtain explicit consent from borrowers for all data collection, with clear disclosure of its purpose.
C DLAs can automatically access a borrower's contact list and call logs for credit assessment.
D DLAs are allowed to share borrower data with any third-party marketing agencies without consent.
Answer: B
The RBI guidelines strictly mandate that Digital Lending Apps (DLAs) must obtain explicit consent from borrowers for all data collection, with clear disclosure of the purpose for which the data is being collected. They are restricted from accessing phone contacts, call logs, or media files.
48.
Which of the following is a key measure introduced by the RBI to enhance consumer protection in digital lending, effective from 2022, requiring regulated entities to handle loan disbursements and repayments directly?
A Mandating a cooling-off period for all digital loans.
B Requiring loan disbursements and repayments to be executed only between the borrower's bank account and the Regulated Entity (RE) directly.
C Capping the interest rates charged by Digital Lending Apps.
D Prohibiting the use of any third-party recovery agents.
Answer: B
The RBI's digital lending guidelines, effective from 2022, mandate that loan disbursements and repayments must be executed directly between the borrower's bank account and the Regulated Entity (RE) without any pass-through/pool account of the Lending Service Provider (LSP) or any third party. This measure aims to enhance transparency and accountability.
49.
The UMANG App, a key component of the Digital India initiative, provides access to a multitude of government services. What does UMANG stand for?
A Unified Mobile Application for New-age Governance
B Universal Mobile Access for Next-gen Government
C Unified Mobile Application for National Governance
D Universal Mobile Access for New-age Governance
Answer: A
UMANG stands for Unified Mobile Application for New-age Governance. It is a single platform that provides access to over 1200 government services from various central and state government organizations.
50.
Which Digital India initiative allows citizens to securely store and access their official documents and certificates digitally, eliminating the need for physical documents?
A UMANG App
B MyGov
C DigiLocker
D e-Hospital
Answer: C
DigiLocker is a flagship initiative under Digital India that provides a secure cloud-based platform for issuance and verification of documents and certificates, such as driving licenses, Aadhaar, and educational mark sheets.
