Banking & Finance MCQs - May 2026 Current Affairs

181.

The RBI's initiative to enable offline transactions for the Digital Rupee aims to enhance which of the following?

A Financial inclusion and resilience of the payment system.

B The number of ATMs dispensing digital currency.

C The interest rates offered on digital savings accounts.

D The global adoption rate of the Indian Rupee.

182.

Which of the following is a key characteristic of the offline mode of the Digital Rupee (CBDC)?

A Transactions are recorded on a public blockchain in real-time.

B It requires a constant internet connection for validation.

C Transactions are peer-to-peer and do not require an intermediary.

D It uses a centralized ledger maintained by the RBI.

183.

What is the primary benefit of the RBI's newly launched nationwide offline functionality for the Digital Rupee (CBDC)?

A Increased transaction speed for all users.

B Enabling transactions in areas with limited or no internet connectivity.

C Reducing the cost of printing physical currency.

D Allowing international payments without currency conversion.

184.

Which ratio measures the percentage of bad loans a bank has set aside funds for?

A Cash Reserve Ratio (CRR)

B Statutory Liquidity Ratio (SLR)

C Provision Coverage Ratio (PCR)

D Capital to Risk-weighted Assets Ratio (CRAR)

185.

What does 'Credit Growth' in the banking sector signify?

A Increase in the number of bank branches

B Increase in the amount of loans disbursed by banks

C Increase in the interest rates on savings accounts

D Growth in the number of bank employees

186.

A decrease in the Gross Non-Performing Assets (GNPA) ratio of a bank primarily indicates:

A Deteriorating asset quality

B Improved asset quality

C Decrease in bank deposits

D Increase in operational costs

187.

In the context of digital payment security, what does 'Tokenization' refer to?

A Converting cash into digital coins

B Replacing actual card details with an alternative code called a 'token'

C Printing physical tokens for bank queues

D A method of physical gold storage

188.

What is the base year for the RBI's Digital Payments Index (RBI-DPI), which measures the extent of digitisation of payments?

A March 2015

B March 2018

C March 2020

D January 2016

189.

Which organization developed the Unified Payments Interface (UPI), which has seen a massive surge in transactions?

A Reserve Bank of India (RBI)

B National Payments Corporation of India (NPCI)

C NITI Aayog

D Securities and Exchange Board of India (SEBI)

190.

What is the primary objective of the RBI's Monetary Policy Committee while deciding on policy rates?

A To maximize bank profits

B To manage the fiscal deficit

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

D To regulate the stock market