RBI Digital Lending & India Economy MCQs 2026

1.

What is a key challenge that could potentially moderate India's projected robust economic growth in 2026, despite positive forecasts?

A A sudden decline in foreign direct investment (FDI).

B Persistent geopolitical tensions and supply chain disruptions.

C A significant decrease in the domestic savings rate.

D Over-reliance on the agricultural sector for employment.

2.

Which sector is expected to be a major contributor to India's robust economic growth in 2026, according to most economic forecasts?

A Agriculture, due to favorable monsoon predictions.

B Manufacturing and Services, driven by digitalization and infrastructure development.

C Traditional handicrafts and small-scale industries.

D Oil and Gas exploration, due to increased global demand.

3.

According to projections for 2026, what is the anticipated trend for India's economic growth, driven by factors such as domestic demand and government reforms?

A Significant slowdown due to global economic uncertainties.

B Stagnation with minimal growth prospects.

C Continued robust expansion, outperforming many major economies.

D Moderate growth impacted by rising inflation.

4.

Which of the following is a key principle emphasized in the RBI's 2026 digital lending guidelines regarding data privacy and security?

A Digital lending entities can collect any data they deem necessary for loan assessment.

B Borrowers must grant blanket consent for data sharing with third parties.

C Data collected must be minimal, with explicit consent for its use and clear disclosure of data protection measures.

D Data collected can be retained indefinitely by the lending entity.

5.

Under the RBI's new digital lending framework effective from 2026, what is the primary objective behind mandating a 'cooling-off' period for certain digital loans?

A To allow borrowers to explore alternative lending options.

B To prevent predatory lending practices and protect borrowers from impulsive decisions.

C To provide the RBI with more time to review loan applications.

D To encourage digital lending entities to offer lower interest rates.

6.

As per the new 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 Ensuring that all loan disbursals and repayments are executed through bank accounts of the digital lending entity.

C Appointing a Chief Compliance Officer (CCO) responsible for the entity's adherence to the guidelines.

D Mandatory disclosure of all-inclusive charges to the borrower upfront.

Economy & Business MCQs - 2026-10-25