MCQs on Entertainment Current Affairs

401.

Government initiatives aimed at recapitalization and governance reforms in Public Sector Banks (PSBs) prior to FY27 would primarily contribute to which aspect of their performance?

A Increased competition from private banks.

B Enhanced operational efficiency and financial stability.

C Higher incidence of cyber frauds.

D Reduced focus on retail lending.

402.

Which of the following factors is most likely to be a primary contributor to the strong Q2 FY27 performance reported by Public Sector Banks (PSBs)?

A Significant increase in non-performing assets (NPAs).

B Robust credit growth coupled with improved asset quality.

C Decline in Net Interest Margin (NIM).

D Reduced adoption of digital banking services.

403.

What crucial information must be provided to the borrower by the Regulated Entity (RE) before the execution of a digital loan contract, as per RBI's framework?

A Only the nominal interest rate.

B A detailed Annual Percentage Rate (APR) including all costs.

C The credit score of the borrower.

D The business model of the Lending Service Provider.

404.

As per the RBI's digital lending guidelines, who is primarily responsible for paying any fees or charges to the Lending Service Provider (LSP)?

A The borrower directly pays the LSP.

B The Regulated Entity (RE) pays the LSP.

C The fees are deducted from the loan amount before disbursement.

D The government subsidizes the LSP fees.

405.

Which of the following is a key principle mandated by the RBI's framework for digital lending platforms regarding loan disbursement?

A Loans must be disbursed directly into the borrower's bank account by the Regulated Entity.

B Loans can be disbursed into the borrower's digital wallet by the Lending Service Provider.

C Loans can be disbursed to a third-party account specified by the borrower.

D Loans can be disbursed in cash by the Lending Service Provider.

406.

Which government agency or platform plays a crucial role in facilitating the verification and disbursement process for the PM-KISAN scheme?

A National Payments Corporation of India (NPCI)

B Ministry of Agriculture & Farmers Welfare

C Reserve Bank of India (RBI)

D Comptroller and Auditor General of India (CAG)

407.

As of 2026, what is the primary objective behind the rigorous verification process for PM-KISAN beneficiaries?

A To increase the number of beneficiaries

B To prevent fraudulent claims and ensure benefits reach genuine farmers

C To reduce the overall budget allocation for the scheme

D To encourage farmers to take loans

408.

To ensure the integrity of the PM-KISAN scheme, the government has emphasized beneficiary verification. Which of the following is a primary method used for verification?

A Aadhaar authentication

B Land record verification

C Income tax return verification

D All of the above

409.

Which of the following categories of beneficiaries are EXCLUDED from the PM-KISAN scheme as per its guidelines updated by 2026?

A Small and marginal farmers

B Landholding farmer families

C Institutional landholders

D All of the above

410.

Under the PM-KISAN scheme, the financial assistance is directly transferred to the bank accounts of the beneficiaries. What is the name of this direct transfer mechanism?

A Direct Benefit Transfer (DBT)

B National Electronic Funds Transfer (NEFT)

C Real Time Gross Settlement (RTGS)

D Unified Payments Interface (UPI)

MCQs - 2026-09