RBI Digital Lending Guidelines & Economic Updates MCQs

91.

The PLI scheme for Green Hydrogen is a part of which larger national initiative?

A National Electric Mobility Mission

B National Clean Air Programme

C National Green Hydrogen Mission

D National Solar Mission

92.

Which ministry is primarily responsible for the implementation of the PLI Scheme for Green Hydrogen?

A Ministry of Environment, Forest and Climate Change

B Ministry of New and Renewable Energy (MNRE)

C Ministry of Power

D Ministry of Commerce and Industry

93.

What is the primary objective of the Production Linked Incentive (PLI) scheme recently announced for the Green Hydrogen sector?

A To promote the export of traditional fossil fuels.

B To encourage domestic manufacturing and export of Green Hydrogen and its derivatives.

C To increase the import of solar panels.

D To subsidize the purchase of electric vehicles.

94.

How many members constitute the RBI Monetary Policy Committee (MPC)?

A 4

B 5

C 6

D 7

95.

Which of the following is a primary objective of the Reserve Bank of India's Monetary Policy Committee?

A To manage the country's foreign exchange reserves.

B To maintain price stability while keeping in mind the objective of inclusive growth.

C To issue new currency notes and coins.

D To regulate and supervise the banking system.

96.

As of the latest conclusion of the RBI Monetary Policy Committee (MPC) meeting in 2026, what is the current policy repo rate?

A 6.00%

B 6.25%

C 6.50%

D 6.75%

97.

What is a significant benefit anticipated from the government's expansion of digital credit infrastructure for MSMEs in 2026?

A Increased reliance on traditional banking channels.

B Reduced turnaround time for loan approvals and disbursements.

C Higher interest rates for MSME loans.

D Limited access to credit for micro-enterprises.

98.

The expansion of digital credit infrastructure for MSMEs by the government is expected to leverage technology to reduce information asymmetry. Which technology is most critical for enabling seamless data sharing and credit assessment in this context?

A Blockchain Technology

B Artificial Intelligence (AI) and Machine Learning (ML)

C Virtual Reality (VR)

D Augmented Reality (AR)

99.

In 2026, the Indian government's expansion of digital credit infrastructure for MSMEs aims to improve their access to finance. Which of the following platforms is a key initiative in this regard?

A National Pension System (NPS)

B GeM (Government e-Marketplace)

C Udyam Registration Portal

D PMJDY (Pradhan Mantri Jan Dhan Yojana)

100.

Which of the following measures is NOT typically used by the RBI to manage systemic liquidity during periods of global uncertainty?

A Repo Rate Adjustments

B Cash Reserve Ratio (CRR) Changes

C Issuance of Government Bonds by the Ministry of Finance

D Marginal Standing Facility (MSF) Operations

Economy & Business MCQs