MCQs on 10 July 2026 Banking & Finance Current Affairs

1.

In Q1 FY27, which of the following indicators suggested that Indian Public Sector Banks were strengthening their financial resilience?

A A decrease in their market capitalization.

B An increase in their Capital Adequacy Ratio (CAR).

C A rise in their Net Interest Margins (NIMs) due to higher lending rates.

D A reduction in their customer base.

2.

The robust Q1 FY27 performance of Indian Public Sector Banks was largely driven by which of the following factors?

A A significant decrease in operational costs.

B Strong credit growth coupled with controlled provisioning.

C A sharp decline in deposit rates.

D Increased government capital infusion.

3.

Which key financial metric, often indicating asset quality, showed significant improvement for most Indian Public Sector Banks (PSBs) in Q1 FY27?

A Net Interest Margin (NIM)

B Gross Non-Performing Assets (GNPAs) ratio

C Return on Assets (ROA)

D Capital Adequacy Ratio (CAR)

4.

According to the RBI's 2026 digital lending regulations, what is the stipulated period within which a digital lending entity must provide a cooling-off period to borrowers?

A A minimum of 7 days.

B A minimum of 3 days.

C A minimum of 5 days.

D The cooling-off period is optional and not mandated.

5.

The RBI's enhanced digital lending guidelines, effective from 2026, aim to protect consumers primarily by addressing which of the following concerns?

A Excessive interest rates and hidden charges.

B Lack of standardized loan application processes.

C Limited availability of digital lending platforms.

D Insufficient credit scoring mechanisms.

6.

As per the stricter digital lending guidelines unveiled by the RBI in 2026, which of the following is NOT a mandatory requirement for entities engaging in digital lending?

A Obtaining a Certificate of Registration (CoR) from the RBI.

B Disclosing all-in-cost of loans to borrowers upfront.

C Appointing a Chief Compliance Officer (CCO) with at least 10 years of experience.

D Ensuring that the loan agreement is in a standard format prescribed by the RBI.

Banking & Finance MCQs - 2026-07-10