MCQs on RBI Policy & Digital Rupee (August 2026)

1.

The new regulatory guidelines for the Digital Rupee pilot program emphasize:

A Increased anonymity for all transactions

B Strict data privacy and cybersecurity measures

C Mandatory conversion of all bank deposits to e₹

D Elimination of all existing payment systems

2.

What is the primary purpose of the expanded Digital Rupee pilot program?

A To replace all physical currency immediately

B To test the technology and explore use cases in a wider set of participants

C To facilitate cross-border payments exclusively

D To reduce the transaction costs for large financial institutions

3.

The RBI's Digital Rupee (e₹) pilot program has recently expanded to include which of the following categories of users?

A Only large corporations

B Retail users and non-financial businesses

C Only government institutions

D International banks only

4.

In the Q2 FY27 monetary policy review, the RBI projected the GDP growth rate for FY27. What is the projected growth rate?

A 6.8%

B 7.0%

C 7.2%

D 7.5%

5.

Which of the following is a primary objective of the RBI's monetary policy as reiterated in the Q2 FY27 review?

A Maximizing export growth

B Ensuring financial stability and controlling inflation

C Reducing unemployment rate below 3%

D Promoting rapid industrialization

6.

As per the RBI's Monetary Policy Statement for Q2 FY27, what is the current policy repo rate?

A 6.00%

B 6.25%

C 6.50%

D 6.75%

Banking & Finance MCQs - 2026-08-23