MCQs on Entertainment Current Affairs

1.

What is a mandatory requirement for Regulated Entities (REs) accepting Green Deposits under the RBI framework regarding the allocation of funds?

A To invest all funds in government securities.

B To obtain an annual assurance/certification from an independent external verifier regarding the allocation of funds.

C To disclose the names of all individual depositors.

D To use funds exclusively for international green projects.

2.

Under the RBI's Green Deposits framework, which of the following is considered an eligible green activity for the utilization of funds?

A Investment in fossil fuel exploration projects.

B Financing of new coal-fired power plants.

C Projects related to renewable energy and energy efficiency.

D Lending for general corporate purposes without environmental criteria.

3.

What is the primary objective behind the RBI's introduction of the framework for Green Deposits?

A To increase the overall deposit base of banks.

B To encourage lending to non-banking financial companies.

C To foster and develop a green finance ecosystem in India.

D To reduce the Statutory Liquidity Ratio (SLR) for banks.

4.

To further secure cash withdrawals, especially for transactions above a certain threshold, some banks, in line with RBI's emphasis on fraud prevention, have implemented which additional security feature at ATMs?

A Mandatory fingerprint scan.

B One-Time Password (OTP) verification.

C Voice recognition.

D Two-factor authentication using a physical token.

5.

Who is primarily responsible for ensuring that ATMs under their purview comply with the RBI's enhanced security mandates, including software and hardware upgrades?

A Only the National Payments Corporation of India (NPCI).

B The individual cardholders.

C Banks and White Label ATM Operators (WLAOs).

D The Ministry of Finance.

6.

Which security measure has the RBI mandated for all ATMs in India to enhance transaction security and combat card-related fraud?

A Mandatory biometric authentication for all transactions.

B Migration to EMV chip and PIN for all debit/credit cards.

C Installation of facial recognition cameras at all ATM locations.

D Discontinuation of magnetic stripe cards entirely.

7.

The RBI's digital lending norms include a 'cooling-off' period. What is its purpose?

A To allow borrowers to repay the loan early without penalty.

B To provide borrowers with an option to exit the loan by paying the principal and proportionate APR without penalty.

C To allow lenders to reassess the borrower's creditworthiness.

D To enable LSPs to collect additional documentation.

8.

Under the RBI's tightened norms for digital lending, what is the primary role of a Lending Service Provider (LSP)?

A To act as a principal lender.

B To act as an agent of the Regulated Entity (RE).

C To guarantee loans to borrowers.

D To set interest rates independently.

9.

What is a key mandate by the RBI for Regulated Entities (REs) regarding loan disbursement under the tightened norms for digital lending platforms?

A Disbursement directly into the borrower's bank account.

B Disbursement through the Lending Service Provider's (LSP) pool account.

C Disbursement in cash at designated centers.

D Disbursement via a third-party payment gateway without RE involvement.

10.

Skill India Digital 2.0, launched in 2026, is an upgrade to the existing digital platform. What is a significant feature expected to be enhanced in this version for better vocational training outcomes?

A Integration of Artificial Intelligence (AI) for personalized learning paths.

B Mandatory offline training modules only.

C Reduction in the number of available skill courses.

D Focus solely on traditional crafts and manual skills.

MCQs 2026