Current Affairs & MCQs
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MCQs 2026

1.
What is a key impact of these guidelines on the banking sector?
A Increased risk of data breaches.
B A more secure and resilient digital banking environment.
C Reduced customer trust in digital banking.
D Increased operational costs for banks without any benefit.
2.
The new guidelines also introduce provisions for managing risks associated with:
A Physical branch expansion.
B Traditional paper-based record keeping.
C Cloud computing arrangements and critical IT functions.
D Manual customer service interactions.
3.
Which of the following is emphasized in the new RBI guidelines regarding IT service providers?
A They should adhere to lower security standards than the bank.
B They must adhere to the same standards of security and customer protection as the bank.
C They are exempt from data protection regulations.
D They are not required to have business continuity plans.
4.
According to the new RBI guidelines, who retains ultimate responsibility for all outsourced IT activities by a bank?
A The IT service provider.
B The regulatory body overseeing the service provider.
C The bank itself.
D A consortium of banks.
5.
What is a primary objective of the RBI's revised guidelines on the outsourcing of IT services by banks?
A To discourage banks from outsourcing IT services.
B To strengthen governance, risk management, and compliance in IT outsourcing arrangements.
C To reduce the responsibility of banks for outsourced activities.
D To allow IT service providers complete autonomy.
6.
How is the new securitisation framework expected to benefit banks and NBFCs?
A By increasing their capital requirements.
B By helping them manage asset-liability mismatches and improve capital adequacy.
C By restricting their ability to lend.
D By forcing them to hold all securitised assets on their books.
7.
What is a 'pass-through' certificate (PTC) in the context of securitisation?
A A certificate that allows direct access to central bank funds.
B A security representing a claim on the cash flows of a pool of underlying assets.
C A regulatory approval for securitisation transactions.
D A document for loan origination.
8.
The new framework emphasizes the importance of robust due diligence by:
A Regulators only.
B Originators only.
C Investors.
D Borrowers.
9.
Which of the following is a key change introduced in the new RBI securitisation framework?
A Stricter eligibility criteria for securitisation.
B Relaxation of certain eligibility criteria and revised risk weighting.
C Reduced disclosure requirements for originators.
D Elimination of the pass-through certificate (PTC) mechanism.
10.
What is the primary aim of the RBI's revised framework for the securitisation of standard assets released on April 1, 2026?
A To restrict lending activities of banks and NBFCs.
B To deepen the securitisation market, enhance liquidity, and improve risk management.
C To increase the regulatory burden on investors.
D To discourage the pooling of loans.