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MCQs - 2026-09

221.
In the context of India's National Quantum Mission (NQM), what is the primary focus of the 'Quantum Computing' thematic hub?
A Developing 50-1000 physical qubits capacity
B Creating quantum-resistant encryption only
C Focusing solely on classical supercomputing
D Developing satellite-based navigation
222.
Which Indian institution has been at the forefront of developing the 'Quantum Computer Simulator Toolkit' (QSim) to facilitate quantum research?
A IISc Bangalore
B IIT Madras
C C-DAC, MeitY
D TIFR Mumbai
223.
What is the primary objective of the GSAT-N series satellites?
A Weather forecasting and disaster management
B High-throughput broadband and inflight connectivity
C Deep space exploration
D Military surveillance
224.
The GSAT-N2 satellite, launched to boost India's digital connectivity, was primarily launched using which launch vehicle?
A LVM3
B Falcon 9
C PSLV-C58
D SSLV-D3
225.
Which satellite series is ISRO currently deploying as its next-generation high-throughput communication satellite system in 2026?
A GSAT-N series
B INSAT-4 series
C CMS-03 series
D RISAT-3 series
226.
To enhance transparency and accountability in digital lending, the RBI mandates that borrowers must be clearly informed about which entities?
A Only the Digital Lending App (DLA) name.
B The name of the Regulated Entity (RE) and the Lending Service Provider (LSP) upfront.
C The names of all third-party data analytics firms involved.
D Only the contact details of the recovery agents.
227.
Under the RBI's enhanced transparency norms for digital lending, what must be explicitly disclosed to the borrower upfront regarding loan charges?
A Only the principal amount and interest rate.
B All fees and charges, including penal charges, in a transparent manner.
C Only the EMI amount, without breaking down other charges.
D The lender is not required to disclose charges if they are below a certain threshold.
228.
Which mandatory document, introduced by the RBI for digital lending, ensures that borrowers receive a standardized summary of the loan terms, including APR, fees, and charges, before loan execution?
A Loan Sanction Letter
B Key Fact Statement (KFS)
C Credit Information Report
D Terms and Conditions Agreement
229.
The RBI's digital lending guidelines, in effect by 2026, introduced a 'cooling-off period' for borrowers. What is the primary purpose of this provision?
A To allow borrowers to repay the loan early without any prepayment penalties.
B To provide borrowers with an option to exit the loan by repaying the principal without penalty, if they decide not to proceed.
C To enable lenders to re-evaluate the borrower's creditworthiness after loan disbursement.
D To offer a grace period for delayed EMI payments without incurring penal charges.
230.
Under the RBI's enhanced digital lending norms, what is a mandatory requirement regarding the collection of user data by Digital Lending Apps (DLAs)?
A DLAs are prohibited from collecting any user data beyond basic KYC.
B DLAs must obtain explicit consent from borrowers for all data collection, with clear disclosure of its purpose.
C DLAs can automatically access a borrower's contact list and call logs for credit assessment.
D DLAs are allowed to share borrower data with any third-party marketing agencies without consent.
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