MCQs on Entertainment Current Affairs

731.

What is the main difference between the e-Rupee and UPI-based transactions?

A e-Rupee is a direct liability of the RBI, whereas UPI is a payment system

B UPI is digital currency, e-Rupee is not

C There is no difference

D e-Rupee requires internet, UPI does not

732.

The Digital Rupee (e-Rupee) introduced by the RBI is a form of:

A Cryptocurrency

B Central Bank Digital Currency (CBDC)

C Private Digital Asset

D Foreign Currency

733.

Which committee is responsible for fixing the benchmark policy interest rate in India?

A Financial Stability and Development Council

B Monetary Policy Committee

C Public Accounts Committee

D Economic Advisory Council

734.

What is the primary objective of the RBI's monetary policy framework in India?

A Maintaining fiscal deficit

B Price stability while keeping in mind the objective of growth

C Regulating stock market volatility

D Managing foreign exchange reserves only

735.

As of the latest 2026 Monetary Policy Committee (MPC) review, which tool is primarily used by the RBI to manage liquidity in the banking system?

A Repo Rate

B Statutory Liquidity Ratio

C Cash Reserve Ratio

D Marginal Standing Facility

736.

By 2026, the Gramin Samriddhi Portal aims to integrate various government schemes and initiatives related to rural development. Which of the following is a likely benefit of this integration?

A Increased bureaucratic hurdles for accessing rural aid.

B Improved awareness and easier access to benefits for rural beneficiaries.

C Reduced participation of private sector in rural development.

D Centralization of all rural economic activities under a single authority.

737.

Which ministry is primarily associated with the launch and operation of the Gramin Samriddhi Portal in 2026?

A Ministry of Finance

B Ministry of Rural Development

C Ministry of Education

D Ministry of Commerce and Industry

738.

The Gramin Samriddhi Portal, launched in 2026, is primarily designed to:

A Monitor and regulate the stock market performance in rural areas.

B Provide a platform for rural artisans and small businesses to showcase and sell their products.

C Facilitate online learning for primary school students in villages.

D Track the progress of government infrastructure projects in urban centers.

739.

Which of the following is a significant feature of the PM-Vidyalaxmi Scheme's expansion by 2026, aimed at streamlining the loan application process?

A Introduction of a manual, paper-based application system for all loan types.

B Integration with the National Scholarship Portal for a unified application experience.

C Requirement for all applicants to visit a physical bank branch for verification.

D Elimination of all digital platforms to promote traditional banking.

740.

The PM-Vidyalaxmi Scheme, in its current phase of expansion by 2026, primarily targets students from which socio-economic background to ensure equitable access to education?

A Only students from metropolitan cities with a high per capita income.

B Students from economically weaker sections and marginalized communities.

C Students whose parents are government employees.

D Students who have secured admission in top-ranked international universities.

MCQs - 2026-09