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MCQs - 2026-09

1981.
The RBI's comprehensive cybersecurity guidelines, including the Master Direction on IT Governance, Risk, Controls and Assurance Practices, primarily apply to which of the following entities?
A Only public sector banks in India.
B All regulated financial entities, including commercial banks, cooperative banks, and Non-Banking Financial Companies (NBFCs).
C Only foreign banks operating within India.
D Only payment system operators and fintech companies.
1982.
Which of the following is a key component emphasized in the RBI's cybersecurity framework for financial institutions?
A Mandatory use of specific antivirus software provided by the RBI.
B Robust incident response and recovery mechanisms to minimize disruption.
C Limiting internet access for all employees to only internal networks.
D Outsourcing all IT functions to a single, government-approved vendor.
1983.
What is the primary objective of the RBI's enhanced cybersecurity framework for financial institutions in 2026?
A To promote digital marketing strategies for banks.
B To ensure robust cyber resilience, data protection, and secure digital transactions.
C To reduce the number of physical bank branches across the country.
D To standardize the design of ATM machines nationwide.
1984.
A significant aspect of Gramin Udyami 2.0 is its focus on:
A Urban migration and employment.
B Digital literacy and adoption of technology in rural businesses.
C International trade agreements for rural products.
D Development of large infrastructure projects.
1985.
Which ministry or organization is typically associated with the implementation of schemes like Gramin Udyami 2.0?
A Ministry of Finance
B Ministry of Rural Development
C Ministry of Commerce and Industry
D Ministry of Skill Development and Entrepreneurship
1986.
The Gramin Udyami 2.0 initiative, launched in the context of 2026, primarily focuses on:
A Providing direct financial aid to rural entrepreneurs without any skill development.
B Enhancing skill development and entrepreneurship opportunities for rural youth and women.
C Establishing large-scale industries in rural areas.
D Promoting agricultural exports from rural regions.
1987.
The expansion of the PM-Vidyalaxmi Scheme in recent years (leading up to 2026) has also aimed to integrate which of the following aspects to provide a holistic approach to student financing?
A Mandatory vocational training for all loan beneficiaries.
B Financial literacy and career counseling services.
C Direct recruitment opportunities after course completion.
D Subsidized accommodation for all students.
1988.
Which entity is primarily responsible for the operational management and disbursement of education loans under the PM-Vidyalaxmi Scheme?
A Ministry of Education
B Reserve Bank of India (RBI)
C Participating banks and financial institutions
D National Skill Development Corporation (NSDC)
1989.
As of 2026, which of the following is a key objective of the expanded PM-Vidyalaxmi Scheme aimed at improving educational financing?
A To provide direct cash transfers to students for all educational expenses.
B To facilitate access to education loans with reduced interest rates and improved repayment options.
C To establish new physical schools in remote areas.
D To offer scholarships only for postgraduate studies abroad.
1990.
Which international body officially designated September 5th as the International Day of Charity?
A UNESCO
B World Health Organization (WHO)
C United Nations General Assembly (UNGA)
D UNICEF
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