RBI Digital Lending Guidelines & Economic Updates MCQs

141.

The Fintech sector has largely welcomed the RBI's strengthened digital lending framework introduced in 2026. What is a primary reason for this positive reception?

A The framework imposes significant new licensing requirements that are easy to meet.

B It provides a clearer regulatory pathway and aims to curb predatory lending practices, fostering trust.

C The framework allows fintech companies to operate without any oversight.

D It mandates that all fintech lending must be done offline.

142.

Which of the following is a new requirement mandated by the RBI's strengthened digital lending framework in 2026 concerning loan disbursal and repayment?

A All loan disbursals must be made in cash.

B Loan disbursal and repayment must be executed only through bank accounts of the Regulated Entity (RE) and not through any third-party pool account.

C Borrowers must repay loans using only cryptocurrency.

D Interest rates on digital loans can be determined solely by the lending platform.

143.

As per the enhanced digital lending framework introduced by the RBI in 2026, which entity is primarily responsible for ensuring that all outsourced activities are performed by the Regulated Entity (RE)?

A The borrower

B The technology service provider

C The Regulated Entity (RE)

D The Ministry of Finance

144.

In 2026, the Reserve Bank of India (RBI) announced enhanced digital lending norms. Which of the following is a key objective of these revised norms?

A To restrict all forms of digital lending to only scheduled commercial banks.

B To ensure greater transparency and protect borrowers' interests.

C To mandate a fixed interest rate for all digital loans across India.

D To reduce the overall number of digital lending platforms operating in India.

145.

Which ministry is typically associated with the implementation of the PLI scheme for sectors like semiconductors?

A Ministry of Agriculture & Farmers Welfare

B Ministry of Electronics and Information Technology (MeitY)

C Ministry of Environment, Forest and Climate Change

D Ministry of Skill Development and Entrepreneurship

146.

What is a key objective of the expanded PLI scheme for the semiconductor ecosystem?

A To increase the import of electronic components.

B To reduce India's reliance on imported semiconductors and foster domestic capabilities.

C To exclusively support research institutions and not manufacturing.

D To encourage the export of raw materials for semiconductor production.

147.

The Indian government has expanded the Production Linked Incentive (PLI) scheme to further boost which sector in 2026?

A Textile Manufacturing

B Semiconductor Ecosystem

C Renewable Energy

D Pharmaceuticals

148.

Which body within the RBI is responsible for deciding the repo rate?

A Board of Directors

B Executive Committee

C Monetary Policy Committee (MPC)

D Financial Stability Board

149.

What is the primary objective of maintaining the repo rate at 6.5% by the RBI in September 2026, as per its policy review?

A To stimulate rapid economic growth by lowering borrowing costs.

B To control inflation and ensure price stability while supporting growth.

C To encourage foreign investment by offering higher returns.

D To reduce the government's borrowing costs.

150.

In its September 2026 Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) decided to maintain the repo rate at what percentage?

A 6.25%

B 6.50%

C 6.75%

D 7.00%

Economy & Business MCQs