LIVE Access Mock Tests, PYP & AI Analytics for 375+ Exams! 7 Days Free Trial ₹99 Start Free Trial
Current Affairs & MCQs
Latest Questions, Daily Updates & More

MCQs 2026

1.
As part of the 2026 cybersecurity enhancements, banks are required to conduct regular penetration testing. What is the minimum frequency mandated by the RBI for such testing?
A Annually
B Bi-annually
C Quarterly
D NEEDS_REVIEW
2.
The RBI's strengthened cybersecurity framework for banks, effective from 2026, emphasizes the need for regular threat intelligence sharing. Which entity is primarily responsible for coordinating this sharing among banks?
A Indian Banks' Association (IBA)
B National Cyber Security Coordinator (NCSC)
C Reserve Bank of India (RBI) itself
D NEEDS_REVIEW
3.
In 2026, the RBI mandated banks to implement a new cybersecurity framework. What is a key component of this strengthened framework regarding data protection?
A Mandatory use of public Wi-Fi for all transactions
B Implementation of multi-factor authentication for all critical systems
C Reduced frequency of security audits
D NEEDS_REVIEW
4.
The RBI's Annual Report 2026 also discussed the performance of the external sector. What was the trend observed in India's Current Account Deficit (CAD) during the period covered by the report?
A Widened significantly
B Narrowed considerably
C Remained stable
D NEEDS_REVIEW
5.
According to the RBI's Annual Report 2026, what was the projected GDP growth rate for India in the fiscal year 2025-26?
A 6.5%
B 7.0%
C 7.5%
D NEEDS_REVIEW
6.
The RBI's Annual Report 2026 highlighted a significant growth in which sector, contributing to the overall economic performance?
A Agriculture
B Services
C Manufacturing
D NEEDS_REVIEW
7.
Under the new digital lending framework effective from 2026, what is the maximum tenure for a loan that can be offered by a Digital Lending Entity (DLE) without prior RBI approval?
A 12 months
B 24 months
C 36 months
D NEEDS_REVIEW
8.
The RBI's updated digital lending guidelines in 2026 mandate that all loan disbursals and repayments must be conducted through which of the following channels?
A Directly between borrower and lender accounts
B Through bank accounts of the Digital Lending Entity (DLE)
C Through bank accounts of the Digital Lending App (DLA)
D NEEDS_REVIEW
9.
As per the enhanced digital lending framework released by the RBI in 2026, which of the following entities are now permitted to undertake digital lending activities?
A Only Scheduled Commercial Banks and NBFCs
B Scheduled Commercial Banks, NBFCs, and Payment Aggregators
C Scheduled Commercial Banks, NBFCs, and all registered entities with a financial services license
D NEEDS_REVIEW
10.
What is the primary purpose of the 'Aadhaar-based Payment Bridge System' (APBS) in PM-KISAN?
A To increase the interest rate on savings.
B To ensure direct transfer of funds to the beneficiary's Aadhaar-seeded bank account.
C To provide loans to farmers at zero interest.
D To track the crop yield of the farmer.
Home Exams Jobs Current Affairs Mock Tests