Government Schemes & Programs MCQs

1.

What is a potential positive impact of these guidelines on the fintech sector?

A Discouraging innovation.

B Promoting responsible innovation.

C Increasing regulatory burden without benefit.

D Reducing competition.

2.

Who issued the new guidelines for digital lending?

A SEBI

B Ministry of Finance

C RBI

D IRDAI

3.

The new guidelines aim to enhance transparency in:

A Only loan recovery processes.

B Only loan disbursal processes.

C Digital loan disbursals and recovery.

D Marketing of digital lending apps.

4.

Which of the following is prohibited by the new RBI guidelines on digital lending?

A Upfront disclosure of all charges.

B Penal interest on overdue installments.

C Data privacy protection for borrowers.

D Transparency in loan disbursals.

5.

What is a key objective of the new RBI guidelines for digital lending?

A To encourage predatory lending practices.

B To increase the cost of digital loans.

C To protect borrowers and ensure fair lending practices.

D To reduce the availability of digital loans.

6.

Who launched the National Urban Housing Mission?

A President of India

B Union Minister for Housing and Urban Affairs

C Prime Minister of India

D Chief Justice of India

7.

Besides housing, the mission also focuses on:

A Promoting rural tourism.

B Sustainable urban development.

C Increasing pollution levels.

D Reducing public transportation.

8.

Which sector is expected to receive a boost from the National Urban Housing Mission?

A Agriculture sector

B Construction sector

C IT sector

D Textile sector

9.

The National Urban Housing Mission aims to improve the living conditions of:

A Only rural populations.

B Only industrial workers.

C Urban dwellers.

D Only government employees.

10.

What is the primary goal of the National Urban Housing Mission?

A To promote luxury housing projects.

B To provide affordable housing solutions in urban areas.

C To encourage migration from rural to urban areas.

D To increase the cost of urban housing.

Government Schemes & Programs MCQs - 2026-04-08