MCQs on RBI Digital Rupee and ULI Integration April 2026

191.

The finalized Basel III framework aims to address vulnerabilities in the global banking system by:

A Encouraging higher risk-taking by banks.

B Increasing the variability of capital requirements.

C Enhancing the robustness of credit and operational risk frameworks.

D Reducing the need for regulatory oversight.

192.

Which of the following is a key provision of the finalized Basel III framework?

A Reduction in risk-weighted asset (RWA) calculations.

B Introduction of an output floor to limit RWA variability.

C Relaxation of liquidity coverage ratios.

D Simplification of operational risk frameworks.

193.

The finalization of the Basel III framework on April 7, 2026, is often referred to by market participants as:

A Basel II

B Basel IV

C Basel V

D Basel III.1

194.

What is the primary objective of the Basel Accords?

A To promote aggressive lending by banks.

B To ensure banks have sufficient capital to absorb losses and promote financial stability.

C To dictate interest rates for loans.

D To regulate the stock market.

195.

What is a significant implication of UPI's cross-border integration for India?

A Reduced tourism to India.

B Increased difficulty for Non-Resident Indians (NRIs) to send remittances.

C Enhanced global reach of India's digital payment infrastructure.

D Decreased economic integration with other nations.

196.

Which Indian initiative is being promoted globally through UPI's success?

A Make in India

B Digital India

C India Stack

D Startup India

197.

The global expansion of UPI primarily benefits:

A Only large multinational corporations.

B Individuals and small businesses involved in cross-border transactions.

C Government agencies for internal transfers.

D The development of offline payment systems.

198.

On April 7, 2026, NPCI announced UPI's integration in how many new countries, expanding its global presence?

A One

B Two

C Five

D Ten

199.

What is the primary function of the Unified Payments Interface (UPI)?

A To regulate stock markets.

B To provide a real-time, interoperable digital payment system.

C To issue new currency notes.

D To manage foreign exchange reserves.

200.

What kind of investors are particularly attracted to Sovereign Green Bonds?

A Investors focused solely on short-term gains.

B Investors interested in ESG (Environmental, Social, and Governance) investments.

C Investors seeking high-risk, high-return opportunities.

D Investors who prioritize traditional industrial growth.

Banking & Finance MCQs