MCQs on International Day of Friendship 2026

51.

What is a primary reason for SEBI considering stricter norms for Alternative Investment Funds (AIFs)?

A To encourage more retail investors into AIFs.

B Concerns over transparency, valuation practices, and potential for evergreening of loans.

C To reduce the overall capital available for startups.

D To align Indian AIF regulations with global cryptocurrency norms.

52.

A key provision in the RBI's digital lending guidelines to enhance borrower protection is the introduction of a 'cooling-off period'. What does this period allow borrowers to do?

A Negotiate a lower interest rate with the lender.

B Exit the loan by repaying the principal without penalty.

C Apply for an additional top-up loan.

D Extend the loan tenure without extra charges.

53.

According to RBI's digital lending guidelines, which entity is primarily responsible for all loan disbursements and repayments?

A Loan Service Providers (LSPs)

B Digital Lending Apps (DLAs)

C Regulated Entities (REs)

D Payment Gateways

54.

What is the primary objective of the RBI's new digital lending guidelines?

A To promote rapid growth of digital lending platforms.

B To ensure fair practices and protect borrowers from predatory lending.

C To restrict foreign investment in digital lending.

D To mandate a uniform interest rate across all digital loans.

55.

As the host of the G7 Summit 2026, Italy's efforts to deepen ties with Japan can be seen as part of a broader strategy to achieve what?

A Build consensus and strengthen partnerships among G7 members

B Isolate non-G7 nations from global discussions

C Promote a specific regional agenda over global issues

D Reduce its own economic dependence on other G7 members

56.

The deepening of bilateral ties between Italy and Japan ahead of the G7 Summit 2026 is likely aimed at strengthening cooperation in which of the following areas?

A Economic partnership and strategic collaboration

B Cultural exchange and tourism promotion

C Space exploration and deep-sea mining

D Agricultural subsidies and sports development

57.

Which two nations are reported to be deepening their bilateral ties in the lead-up to the G7 Summit 2026?

A Italy and Japan

B Germany and France

C United States and Canada

D United Kingdom and Australia

58.

Which of the following is NOT a permanent member of the G7 group?

A Canada

B Russia

C Germany

D Japan

59.

What are the primary focus areas for the G7 Summit 2026, as indicated in the topic?

A Global Economic Stability and Climate Action

B Digital Transformation and Space Exploration

C Healthcare Innovation and Poverty Alleviation

D Regional Conflicts and Cybersecurity

60.

Which country is slated to host the G7 Summit in 2026?

A Italy

B France

C Germany

D Japan

MCQs 2026