MCQs on RBI Digital Rupee and ULI Integration April 2026

211.

Enhanced disclosure requirements under the revised NBFC norms are expected to lead to:

A Reduced investor confidence.

B Increased market opacity.

C Improved transparency and market discipline.

D Lower compliance costs for NBFCs.

212.

The revised norms for NBFCs aim to improve the classification and provisioning for which type of assets?

A Performing Assets

B Liquid Assets

C Stressed Assets

D Investment Assets

213.

Which of the following is a key change introduced by the RBI's revised prudential norms for NBFCs?

A Reduction in Capital to Risk-Weighted Assets Ratio (CRAR).

B Introduction of more lenient provisioning for stressed assets.

C Phased increase in CRAR for certain categories of NBFCs.

D Relaxation of disclosure requirements.

214.

What is the primary objective of the RBI's revised prudential norms for NBFCs announced on April 7, 2026?

A To reduce the number of NBFCs in the market.

B To enhance the resilience and financial stability of the NBFC sector.

C To encourage aggressive lending by NBFCs.

D To simplify regulatory compliance for NBFCs.

215.

What is a key impact of these guidelines on the banking sector?

A Increased risk of data breaches.

B A more secure and resilient digital banking environment.

C Reduced customer trust in digital banking.

D Increased operational costs for banks without any benefit.

216.

The new guidelines also introduce provisions for managing risks associated with:

A Physical branch expansion.

B Traditional paper-based record keeping.

C Cloud computing arrangements and critical IT functions.

D Manual customer service interactions.

217.

Which of the following is emphasized in the new RBI guidelines regarding IT service providers?

A They should adhere to lower security standards than the bank.

B They must adhere to the same standards of security and customer protection as the bank.

C They are exempt from data protection regulations.

D They are not required to have business continuity plans.

218.

According to the new RBI guidelines, who retains ultimate responsibility for all outsourced IT activities by a bank?

A The IT service provider.

B The regulatory body overseeing the service provider.

C The bank itself.

D A consortium of banks.

219.

What is a primary objective of the RBI's revised guidelines on the outsourcing of IT services by banks?

A To discourage banks from outsourcing IT services.

B To strengthen governance, risk management, and compliance in IT outsourcing arrangements.

C To reduce the responsibility of banks for outsourced activities.

D To allow IT service providers complete autonomy.

220.

How is the new securitisation framework expected to benefit banks and NBFCs?

A By increasing their capital requirements.

B By helping them manage asset-liability mismatches and improve capital adequacy.

C By restricting their ability to lend.

D By forcing them to hold all securitised assets on their books.

Banking & Finance MCQs