RBI Banking Reforms & Financial Inclusion MCQs

51.

As per the recent announcement, what is the current Repo Rate maintained by the Reserve Bank of India (RBI) for the seventh consecutive review?

A 6.50%

B 6.25%

C 6.75%

D 7.00%

52.

Following the 2026 geopolitical shifts, what is a potential implication for global trade and finance due to the expanded BRICS bloc?

A Increased reliance on the US dollar as the sole global reserve currency.

B Greater promotion of alternative payment systems and potential de-dollarization efforts.

C Reduced trade volumes between member nations due to increased protectionism.

D Strengthened influence of the International Monetary Fund (IMF) in economic policy decisions.

53.

The expansion of BRICS in 2024, leading into the geopolitical landscape of 2026, is largely seen as a move towards:

A Strengthening the dominance of Western-led global institutions.

B Creating a more multipolar world order and challenging existing global governance structures.

C Increasing the influence of a single superpower in international relations.

D Promoting a unipolar global economic system.

54.

Which of the following countries were invited to join BRICS in January 2024, expanding the bloc's membership significantly?

A Egypt, Ethiopia, Iran, Saudi Arabia, UAE

B Mexico, Argentina, Turkey, Indonesia, Nigeria

C South Korea, Vietnam, Thailand, Malaysia, Philippines

D Canada, Australia, New Zealand, Japan, South Africa

55.

As of 2026, what is a primary objective of the India-EU Trade and Technology Council (TTC) concerning semiconductors?

A To establish a joint research fund for next-generation semiconductor development and secure supply chains.

B To impose tariffs on semiconductor imports from competing nations.

C To exclusively focus on the manufacturing of legacy semiconductor chips.

D To limit the export of advanced semiconductor technology to third countries.

56.

Which of the following are key working groups established under the India-EU Trade and Technology Council (TTC)?

A Strategic Technologies and Digital Governance; Green and Sustainable Technology; Trade, Investment and Economic Cooperation

B Artificial Intelligence; Cybersecurity; Renewable Energy

C Space Exploration; Maritime Security; Agricultural Trade

D Financial Services; Defence Manufacturing; Cultural Exchange

57.

The India-EU Trade and Technology Council (TTC) was established in which year, aiming to foster strategic cooperation on trade, technology, and security?

A 2020

B 2021

C 2022

D 2023

58.

The release of the National Cyber Security Policy 2026 Draft for 'public consultation' signifies which crucial stage in the policy-making process?

A Final approval and enactment

B Initial research and problem identification

C Stakeholder engagement and feedback collection

D Post-implementation review

59.

Which of the following government bodies is typically responsible for formulating and overseeing the implementation of India's National Cyber Security Policy?

A Ministry of Electronics and Information Technology (MeitY)

B Ministry of Home Affairs (MHA)

C Reserve Bank of India (RBI)

D National Disaster Management Authority (NDMA)

60.

The recently released National Cyber Security Policy 2026 Draft primarily aims to address which of the following challenges?

A Enhancing the nation's resilience against sophisticated cyber threats.

B Promoting universal access to high-speed internet.

C Regulating content on social media platforms.

D Boosting the export of Indian IT services.

MCQs 2026