MCQs on Entertainment Current Affairs

1031.

Which of the following consumer protection measures was introduced by RBI in its Digital Lending Guidelines to allow borrowers time to reconsider their loan decision?

A Allowing lenders to charge unlimited processing fees.

B Mandating a 'cooling-off' or 'look-up' period for borrowers.

C Removing the need for a dedicated grievance redressal officer.

D Permitting automatic increase in interest rates without prior notice to the borrower.

1032.

As per RBI's Digital Lending Guidelines, what is a mandatory requirement regarding the disbursal of loans by Regulated Entities (REs) or through Lending Service Providers (LSPs)?

A Loans must be disbursed through a pool account managed by the LSP.

B Loans must be disbursed directly into the borrower's bank account without any intermediation.

C Loans can be disbursed in cash at the discretion of the LSP.

D Loans must be disbursed to the bank account of the Lending Service Provider first.

1033.

What is the overarching objective behind RBI's continuous efforts to strengthen the cybersecurity framework for the Indian banking sector?

A To promote the use of cash transactions over digital payments.

B To reduce the operational costs associated with IT infrastructure for banks.

C To ensure the resilience, stability, and integrity of the financial system against evolving cyber threats.

D To encourage banks to invest solely in physical security measures.

1034.

Under RBI's strengthened cybersecurity framework for banks, what is a mandatory requirement for effective cyber incident response?

A Outsourcing all incident response activities to international agencies.

B Establishing a dedicated Cyber Crisis Management Team (CCMT) with defined roles and responsibilities.

C Reporting cyber incidents only to the bank's internal audit committee.

D Limiting incident reporting to only those incidents resulting in financial loss exceeding INR 100 crore.

1035.

What is a recent key focus area for RBI in strengthening the cybersecurity framework for banks, particularly concerning external dependencies?

A Mandating daily physical security audits for all branches.

B Enhancing third-party vendor risk management for IT services.

C Reducing the frequency of cyber incident reporting by banks.

D Eliminating the need for Chief Information Security Officer (CISO) appointments.

1036.

Which ministry is the nodal agency for the 'Namo Drone Didi' scheme?

A Ministry of Agriculture & Farmers Welfare

B Ministry of Rural Development

C Ministry of Electronics and Information Technology

D Ministry of Civil Aviation

1037.

What is the primary aim of the 'Namo Drone Didi' scheme as of 2026?

A To provide employment opportunities to unemployed youth in drone manufacturing.

B To empower women Self-Help Groups (SHGs) by providing them with drones for agricultural services.

C To promote the use of drones for surveillance and security purposes.

D To subsidize the purchase of drones for personal use by individuals.

1038.

As of 2026, what is a significant update regarding the 'Namo Drone Didi' scheme's implementation?

A The scheme has been extended to cover urban areas exclusively.

B The target number of drone usage by women Self-Help Groups (SHGs) has been revised upwards.

C The scheme is now limited to only agricultural applications.

D The government has reduced the subsidy provided for drone procurement.

1039.

Which financial institution is primarily responsible for providing collateral-free credit to beneficiaries under the expanded PM Vishwakarma Yojana?

A Reserve Bank of India (RBI)

B National Bank for Agriculture and Rural Development (NABARD)

C Scheduled Commercial Banks, Regional Rural Banks, and Non-Banking Financial Companies (NBFCs)

D Small Industries Development Bank of India (SIDBI)

1040.

What is the primary objective behind the recent expansion of the PM Vishwakarma Yojana in 2026?

A To increase the number of beneficiaries by 50%

B To integrate traditional skills with modern technology and new-age professions

C To reduce the loan interest rates for all registered artisans

D To focus solely on rural artisans and exclude urban areas

MCQs - 2026-09