MCQs on Banking & Finance Current Affairs (May 2026)

1.

Which regulatory body oversees the issuance of Green Bonds in India?

A Reserve Bank of India (RBI)

B Securities and Exchange Board of India (SEBI)

C Insurance Regulatory and Development Authority (IRDAI)

D Ministry of Finance

2.

What does the term 'Greenwashing' refer to in the context of finance?

A Cleaning financial records

B Making misleading claims about the environmental benefits of a product or investment

C Investing only in solar energy

D Printing money on green paper

3.

What is the main purpose of SEBI's stricter regulations on Green Bonds?

A To discourage investment in green projects

B To prevent greenwashing and ensure transparency

C To increase the cost of borrowing for companies

D To ban all bond issuances

4.

Which technology is primarily used to automate customer interactions on digital lending platforms?

A Chatbots and Virtual Assistants

B Physical ledger systems

C Fax machines

D Postal mail

5.

How does AI improve the risk assessment process in digital lending?

A By ignoring credit history

B By analyzing vast amounts of data points in real-time

C By manually reviewing every application

D By reducing the number of applicants

6.

What is the primary benefit of an AI-powered digital lending platform for borrowers?

A Increased physical documentation

B Faster loan processing and approval

C Higher interest rates

D Mandatory branch visits

7.

What is the primary objective of the RBI's monetary policy?

A To increase government spending

B To maintain price stability while keeping in mind the objective of growth

C To manage the stock market

D To regulate foreign trade

8.

Which committee is responsible for deciding the repo rate in India?

A Monetary Policy Committee (MPC)

B Financial Stability Committee

C Economic Advisory Council

D Banking Regulation Committee

9.

What is the current Repo Rate maintained by the RBI in its recent bi-monthly monetary policy review?

A 6.25%

B 6.50%

C 6.75%

D 6.00%

Banking & Finance MCQs - 2026-05-05