MCQs on Entertainment Current Affairs

1.

What is a key characteristic of the new resolution framework for stressed assets introduced by the RBI in 2026 concerning timelines?

A There are no specific timelines, allowing for indefinite resolution periods.

B Resolution plans must be implemented within 180 days of identification.

C Banks have up to 2 years to decide on a resolution strategy.

D The framework mandates a minimum resolution period of 1 year.

2.

Under the 2026 RBI framework for stressed assets, which of the following is a recognized method for resolution?

A Mandatory sale of all stressed assets to foreign investors.

B Restructuring of loans with a moratorium period of up to 5 years.

C Conversion of debt into equity or other instruments.

D Automatic write-off of all assets classified as NPAs for more than 3 years.

3.

As per the new framework introduced by the RBI in 2026 for resolving stressed assets, what is a key objective?

A To encourage banks to write off all non-performing assets (NPAs) immediately.

B To provide a time-bound and efficient mechanism for the resolution of stressed assets.

C To shift the entire burden of stressed assets to the government.

D To increase the provisioning requirements for all loans by 50%.

4.

Which of the following is NOT a measure taken by the RBI in its 2026 digital lending framework to safeguard borrowers?

A Prohibition of automatic credit limit increase without explicit consent.

B Requirement for lenders to provide a cooling-off period for digital loans.

C Mandatory registration of all digital lending apps with the Ministry of Corporate Affairs.

D Restrictions on the outsourcing of critical functions like customer grievance redressal.

5.

Under the revised RBI digital lending guidelines (2026), what is a crucial requirement for entities offering digital loans?

A They must obtain a banking license from the RBI.

B They must ensure that all loan agreements are notarized.

C They must disclose all charges, fees, and the Annual Percentage Rate (APR) upfront.

D They are prohibited from using any third-party data for credit assessment.

6.

As of 2026, which of the following is a key enhancement introduced by the RBI in its digital lending framework to protect consumers?

A Mandatory pre-payment of all digital loans.

B Prohibition of recovery agents from contacting borrowers after 7 PM.

C Requirement for all digital lending apps to have a physical office in India.

D Introduction of a standardized Key Fact Statement (KFS) for all digital loans.

7.

How does 'Skill India 2.0' differ from the original Skill India mission?

A It removes the focus on entrepreneurship

B It emphasizes 'Upskilling' and 'Reskilling' for the existing workforce alongside new training

C It is only for international students

D It is a private sector initiative only

8.

Which ministry is the nodal agency for the implementation of 'Skill India 2.0'?

A Ministry of Education

B Ministry of Skill Development and Entrepreneurship

C Ministry of Labour and Employment

D Ministry of Science and Technology

9.

What is the core objective of the 'Skill India 2.0' initiative launched under the National Skill Development Mission?

A Focusing solely on traditional manufacturing skills

B Aligning skill development with Industry 4.0 technologies like AI, IoT, and Green Energy

C Providing free laptops to all students

D Replacing formal education with vocational training

10.

Under PMJDY Phase III, what is the primary objective regarding insurance coverage?

A Reducing the accident insurance cover to 50,000

B Expanding the reach of micro-insurance products to all PMJDY account holders

C Making life insurance mandatory for all citizens

D Discontinuing the accidental insurance benefit

MCQs 2026