MCQs 2026

C-DAC (Centre for Development of Advanced Computing) under the Ministry of Electronics and IT developed QSim to enable researchers to write and debug quantum algorithms.

The GSAT-N series is designed to provide high-throughput satellite (HTS) capacity to support India's Digital India initiative, focusing on broadband and inflight/maritime connectivity.

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.

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.

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.

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.

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.

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.

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.

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.