MCQs on RBI Digital Rupee and ULI Integration April 2026

341.

Which aspect of digital lending is significantly addressed by the new RBI guidelines concerning data?

A Encouraging unlimited data collection

B Prohibiting data collection entirely

C Robust data protection and privacy measures

D Mandatory sharing of customer data with third parties

342.

The new guidelines emphasize clear disclosure requirements for:

A Employee salaries

B Marketing strategies

C All fees and charges associated with loans

D Company's annual profit margins

343.

According to the new RBI guidelines, what is mandatory for all digital lending entities?

A To operate only in major metropolitan cities

B To have a physical branch in every district

C To register with the RBI

D To offer loans only to existing bank customers

344.

What is a primary objective of the RBI's new guidelines for digital lending platforms?

A To encourage predatory lending practices

B To increase the cost of digital loans

C To curb malpractices and protect borrowers

D To reduce the number of digital lending entities

345.

Which of the following is a significant implication of India's digital payment growth for financial inclusion?

A Exclusion of rural populations from financial services

B Bringing more unbanked and underbanked populations into the formal financial system

C Increased dependence on traditional banking channels

D Limited access to digital payment methods

346.

Crossing the 100 billion digital transaction mark signifies a shift towards:

A Increased reliance on physical currency

B Greater transparency and reduced black money

C Slower financial transaction speeds

D Higher cash handling costs for businesses

347.

The significant growth in digital payments in India is attributed to all of the following EXCEPT:

A Government initiatives like Digital India

B Increased smartphone and internet penetration

C Reduced competition among payment providers

D Continuous innovation in payment technologies

348.

What is the primary payment interface credited with a significant majority of India's digital transactions?

A IMPS (Immediate Payment Service)

B NEFT (National Electronic Funds Transfer)

C RTGS (Real-Time Gross Settlement)

D UPI (Unified Payments Interface)

349.

Which organization announced that India's digital payments volume crossed 100 billion transactions in FY 2025-26?

A Reserve Bank of India (RBI)

B Ministry of Electronics and Information Technology (MeitY)

C National Payments Corporation of India (NPCI)

D NITI Aayog

350.

The RBI's Cyber Resilience Framework aims to protect the Indian financial sector against:

A Economic recession

B Inflationary pressures

C Sophisticated cyber threats

D Currency devaluation

Banking & Finance MCQs