Economy & Business MCQs - 2026-07-20

The RBI maintains a flexible inflation targeting framework with a target of 4% and an upper tolerance limit of 6% and lower limit of 2%.

Easing of food inflation, particularly in vegetables and perishables, contributed significantly to the cooling of the headline CPI in June 2026.

The Consumer Price Index (CPI) Combined is the official measure for retail inflation in India, used by the RBI for monetary policy.

The proposed transparency and disclosure norms are designed to apply across all AIF categories to maintain market integrity.

SEBI is tightening norms to ensure that AIFs do not act as conduits for circumventing foreign investment regulations or sectoral caps.

SEBI aims to curb potential regulatory arbitrage and ensure that AIFs do not bypass norms applicable to other regulated financial products.

The mandate ensures that every DLA has a designated officer to address customer grievances, ensuring accountability and consumer protection.

The RBI requires a standardized Key Fact Statement (KFS) to be provided to the borrower in a language understood by them before the loan contract is signed.

The RBI mandates that all loan repayments must be executed directly between the bank accounts of the borrower and the Regulated Entity (RE) without passing through the LSP's pool account.