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MCQs 2026

11.
In 2023, the RBI issued guidelines on First Loss Default Guarantee (FLDG) arrangements in digital lending. Which of the following statements is TRUE regarding these norms?
A FLDG arrangements are completely prohibited for all Regulated Entities.
B The FLDG cover provided by the LSP to the RE cannot exceed 5% of the underlying loan portfolio.
C FLDG can only be provided by unregulated entities.
D There are no specific limits on the FLDG cover.
12.
Which of the following is a key norm introduced by the RBI for digital lending platforms regarding loan disbursal and repayment?
A Loans must be disbursed directly into the borrower's bank account by the Regulated Entity (RE) and repayments collected directly by the RE.
B Loans can be disbursed by Lending Service Providers (LSPs) directly to the borrower's bank account.
C Repayments can be collected by third-party agents on behalf of LSPs.
D There are no specific norms for disbursal and repayment, it's left to the platform's discretion.
13.
Which of the following agricultural applications is a primary focus under the Namo Drone Didi Initiative's new guidelines?
A Soil testing and nutrient management.
B Crop monitoring and precision spraying of pesticides/fertilizers.
C Weather forecasting for agricultural planning.
D Automated harvesting of crops.
14.
What is a significant component of the new guidelines for the Namo Drone Didi Initiative regarding the operational aspect of drones?
A Drones must be operated only by certified male pilots.
B Emphasis on training SHG members to become drone operators and technicians.
C Drones are to be used exclusively for surveillance purposes.
D The initiative focuses on the manufacturing of drones within SHGs.
15.
As per the new guidelines for the Namo Drone Didi Initiative in 2026, who are the primary beneficiaries eligible to receive drone services and training?
A Urban entrepreneurs and IT professionals.
B Women Self-Help Groups (SHGs) in rural areas.
C Large agricultural corporations.
D Government officials involved in agricultural policy.
16.
Which ministry is primarily responsible for the implementation and expansion of the PM-VIKAS scheme?
A Ministry of Finance
B Ministry of Skill Development and Entrepreneurship
C Ministry of Commerce and Industry
D Ministry of Rural Development
17.
Under the expanded PM-VIKAS scheme, what is the typical interest rate offered on collateral-free loans to registered artisans, as of 2026?
A 5%
B 3%
C 8%
D 10%
18.
As of 2026, which of the following is a key objective of the expanded PM-VIKAS (Pradhan Mantri Vishwakarma Kaushal Samman) scheme?
A To provide direct financial aid to all artisans without skill upgradation.
B To integrate traditional artisans into the formal economy through skill development, financial support, and market access.
C To replace traditional crafts with modern industrial techniques.
D To focus solely on the export of handicrafts without domestic market development.
19.
The 2026 focus for World Habitat Day, 'Accelerating Sustainable Urbanization,' primarily aims to address which of the following?
A Promoting environmentally friendly and inclusive cities
B Encouraging rural-to-urban migration without planning
C Developing only mega-cities
D Reducing all forms of urban development
20.
World Habitat Day was established by which international organization to reflect on the state of human settlements and the basic right to adequate shelter?
A United Nations (UN)
B World Bank
C UNESCO
D World Health Organization (WHO)
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