MCQs on RBI Digital Rupee and ULI Integration April 2026

311.

The issuance of Sovereign Green Bonds by India is aligned with its commitments under:

A The World Trade Organization (WTO) agreements.

B The International Monetary Fund (IMF) lending programs.

C The Paris Agreement and Net-Zero emission targets.

D The G20 framework for economic cooperation.

312.

The proceeds from Sovereign Green Bonds are earmarked for financing projects in which of the following sectors?

A Defense manufacturing and space exploration.

B Renewable energy, clean transportation, and sustainable water management.

C Information technology and digital infrastructure.

D Healthcare and pharmaceutical research.

313.

Which government entity acts as the issuer and manager for India's Sovereign Green Bonds?

A Securities and Exchange Board of India (SEBI).

B Ministry of Environment, Forest and Climate Change.

C Reserve Bank of India (RBI).

D National Bank for Agriculture and Rural Development (NABARD).

314.

What is the primary objective of India's Sovereign Green Bonds (SGBs)?

A To reduce the fiscal deficit of the government.

B To finance green infrastructure projects and promote climate action.

C To provide liquidity to the banking sector.

D To manage foreign exchange reserves.

315.

The RBI's new digital lending framework aims to curb which of the following issues prevalent in the digital lending space?

A Excessive competition among lenders.

B Predatory lending practices and opaque fee structures.

C Slow processing of loan applications.

D Limited availability of loan products.

316.

Which of the following functions, when outsourced by a digital lending platform, will be subject to stricter guidelines under the new RBI framework?

A Customer support and complaint handling.

B Marketing and advertising campaigns.

C Credit Assessment and Risk Management.

D Software development and maintenance.

317.

The new RBI digital lending framework emphasizes enhanced transparency regarding which of the following?

A Marketing strategies and customer acquisition costs.

B Annual Percentage Rate (APR) and all-inclusive charges.

C Employee salaries and operational overheads.

D The number of loan applications processed daily.

318.

What is a key requirement for Digital Lending Platforms (DLPs) to operate under the new RBI framework effective April 3, 2026?

A Obtain a license from the Ministry of Electronics and Information Technology (MeitY).

B Register with the Securities and Exchange Board of India (SEBI).

C Obtain a Certificate of Registration (CoR) from the RBI.

D Undergo an annual audit by a Big Four accounting firm.

319.

As per the RBI's new framework for digital lending announced on April 3, 2026, all loan disbursals and repayments must be executed between:

A The borrower's account and a third-party payment gateway.

B The digital lending platform's account and the borrower's account.

C The lender's account and a designated escrow account.

D The borrower's account and the digital lending platform's intermediary account.

320.

What is a new requirement introduced for outsourced IT service providers under the RBI's revised guidelines?

A Mandatory reduction in service fees

B Requirement for regular audits

C Exemption from regulatory compliance

D Limited scope of services offered

Banking & Finance MCQs