MCQs on Entertainment Current Affairs

1.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

2.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

3.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

4.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

5.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

6.

NEEDS_REVIEW

A NEEDS_REVIEW

B NEEDS_REVIEW

C NEEDS_REVIEW

D NEEDS_REVIEW

7.

Which of the following is a mandatory operational requirement for Payment Aggregators (PAs) under RBI guidelines concerning the handling of customer funds?

A Maintaining all funds in a personal savings account.

B Investing customer funds directly in equity markets.

C Maintaining an escrow account with a scheduled commercial bank.

D Transferring all funds directly to the Reserve Bank of India.

8.

As per the RBI's updated guidelines for Payment Aggregators (PAs), what is the minimum net worth requirement that PAs must achieve and maintain by March 31, 2024, to obtain and retain authorization?

A ₹5 crore

B ₹10 crore

C ₹15 crore

D ₹25 crore

9.

What significant regulatory change did the RBI introduce for Digital Payment Aggregators (PAs) to bring them under direct oversight and enhance consumer protection?

A Mandatory authorization/licensing from the RBI.

B A complete ban on all digital payment transactions.

C Fixed transaction fees for all payment services.

D Direct control over the pricing strategies of merchants.

10.

Which entities bear the ultimate responsibility for ensuring compliance with the RBI's cybersecurity and data protection norms for digital lending, including those handled by Lending Service Providers (LSPs)?

A Only the Lending Service Providers (LSPs).

B Only the individual borrowers.

C The Regulated Entities (REs) that engage the LSPs.

D The Ministry of Finance, Government of India.

MCQs 2026