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MCQs 2026

11.
Under the RBI's digital lending guidelines, which specific requirement is mandated for the storage of customer data collected by Regulated Entities (REs) and their Lending Service Providers (LSPs)?
A Data must be stored on cloud servers located anywhere globally.
B Data must be stored only in servers located within India.
C Data can be stored on physical servers only, not cloud-based.
D Data storage location is at the discretion of the LSP.
12.
What is the primary objective of the RBI's enhanced cybersecurity framework for digital lending, implemented to safeguard consumer interests?
A To ensure robust data protection and privacy for borrowers.
B To increase the speed of loan disbursals by digital lenders.
C To reduce the interest rates charged by digital lending platforms.
D To promote the entry of new fintech companies into the lending market.
13.
What is a unique feature of Gramin Udyami 2.0 launched in 2026, differentiating it from its predecessor?
A Increased focus on traditional crafts and artisan livelihoods.
B Integration of digital marketing and e-commerce training for rural entrepreneurs.
C Provision of direct subsidies for starting any business.
D Mandatory participation of all village heads.
14.
Which organization is a key partner in the implementation of the Gramin Udyami 2.0 scheme?
A National Bank for Agriculture and Rural Development (NABARD)
B Small Industries Development Bank of India (SIDBI)
C National Skill Development Corporation (NSDC)
D All of the above
15.
The Gramin Udyami 2.0 initiative, launched in 2026, primarily aims to:
A Provide financial aid for large-scale industrial projects in rural areas.
B Promote entrepreneurship and skill development among rural youth and women.
C Establish digital literacy centers across all villages.
D Improve agricultural productivity through advanced technology.
16.
Considering the expansion of PM-Vidyalaxmi Scheme by 2026, what is a significant technological enhancement expected to be integrated?
A Introduction of blockchain technology for secure loan processing.
B Development of a mobile application for seamless loan application and tracking.
C Integration with AI-powered career counseling services.
D All of the above
17.
Which ministry is primarily responsible for the implementation and expansion of the PM-Vidyalaxmi Scheme?
A Ministry of Rural Development
B Ministry of Finance
C Ministry of Education
D Ministry of Skill Development and Entrepreneurship
18.
As of 2026, which of the following is a key objective of the expanded PM-Vidyalaxmi Scheme aimed at improving educational financing?
A To provide direct cash transfers to students for all educational expenses.
B To facilitate access to education loans with improved interest rates and repayment options for students.
C To establish new physical schools in remote areas.
D To offer scholarships exclusively for postgraduate studies abroad.
19.
Which international organization proclaimed the World Day for Audiovisual Heritage?
A UNESCO
B United Nations (UN)
C International Council on Archives (ICA)
D International Federation of Film Archives (FIAF)
20.
The theme for World Day for Audiovisual Heritage 2026, 'Preserving Our Collective Memory,' emphasizes the importance of what?
A Safeguarding film, sound, and video recordings
B Digitalizing all historical documents
C Creating new audiovisual content
D Promoting modern art forms
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