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MCQs - 2026-09

551.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
552.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
553.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
554.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
555.
NEEDS_REVIEW
A NEEDS_REVIEW
B NEEDS_REVIEW
C NEEDS_REVIEW
D NEEDS_REVIEW
556.
Digital banking and mobile technology have played a crucial role in the 2026 financial inclusion drive in rural areas. Which of the following is a significant benefit of digital financial services in rural penetration?
A Increased reliance on physical bank branches.
B Reduced accessibility due to network issues.
C Lower transaction costs and wider reach.
D Exclusion of small-value transactions.
557.
The increased rural penetration of financial inclusion in 2026 is often facilitated by initiatives like the Pradhan Mantri Jan Dhan Yojana (PMJDY). What is a key feature of PMJDY?
A Mandatory investment in mutual funds for all account holders.
B Provision of a zero-balance bank account with an overdraft facility.
C Issuance of credit cards to all rural households.
D Focus on providing only insurance services.
558.
In 2026, India's financial inclusion drive has shown significant progress in rural areas. What is a primary goal of financial inclusion?
A To increase the number of stock market investors.
B To provide access to affordable financial products and services to all sections of society, especially the underserved.
C To promote the use of cryptocurrencies.
D To reduce the number of bank branches in urban areas.
559.
When the RBI reviews its monetary policy in 2026, it considers various factors. If the economic outlook suggests a slowdown, what action might the RBI consider to stimulate growth?
A Increase the Reverse Repo Rate
B Reduce the Bank Rate
C Increase the Cash Reserve Ratio (CRR)
D Tighten liquidity by selling government securities
560.
The RBI's decision to maintain status quo on key policy rates in 2026 is often influenced by its assessment of the economic outlook. Which of the following indicators would be a major concern for the RBI when deciding on policy rates?
A Falling unemployment rate
B Rising inflation rate
C Increased foreign direct investment
D Strong GDP growth
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