Banking & Finance MCQs - May 2026 Current Affairs

161.

Which of the following is a key change introduced by SEBI regarding disclosure norms for AIFs?

A Reduced frequency of reporting to investors.

B Mandatory disclosure of material risks and conflicts of interest.

C Exemption from disclosing fund performance.

D Increased limit on management fees.

162.

SEBI has recently tightened disclosure norms for Alternative Investment Funds (AIFs). What is a primary reason for this action?

A To encourage more foreign investment in AIFs.

B To enhance transparency and protect investors' interests.

C To reduce the regulatory burden on AIF managers.

D To simplify the process of setting up new AIFs.

163.

The RBI's new digital lending guidelines require lenders to provide borrowers with a Key Fact Statement (KFS). What essential information should this KFS contain?

A Only the loan amount and tenure.

B All-in-one cost of the loan, including all charges, fees, and the Annual Percentage Rate (APR).

C The names of the digital lending platform's directors.

D Information about the borrower's credit score.

164.

What is the primary objective of the RBI's enhanced guidelines on digital lending transparency?

A To reduce the number of digital lending platforms.

B To protect borrowers from unfair practices and ensure fair lending.

C To increase the interest rates on digital loans.

D To promote the use of physical loan documents.

165.

Which of the following measures has been introduced by the RBI to enhance transparency in digital lending?

A Mandatory disclosure of all charges and fees by lenders.

B Introduction of a standardized Key Fact Statement (KFS) for all digital loans.

C Requirement for lenders to appoint a nodal officer for grievance redressal.

D All of the above.

166.

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

167.

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

168.

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

169.

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

170.

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