Current Affairs & MCQs
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11.
Which of the following is a key concern addressed by the RBI regarding AI in credit assessment?
A Lack of internet speed
B Algorithmic bias and lack of explainability
C High cost of hardware
D Excessive use of paper documents
12.
What is the main objective of the RBI's regulatory framework for AI-driven credit assessment?
A To ban the use of AI in banking
B To ensure transparency, fairness, and accountability in algorithmic lending
C To increase the interest rates for AI-based loans
D To mandate the use of AI for all rural banks
13.
Who is the issuer of the Retail Digital Rupee (eβ‚Ή-R)?
A National Payments Corporation of India (NPCI)
B State Bank of India
C Reserve Bank of India (RBI)
D Ministry of Finance
14.
Which technology is primarily used by the RBI for the CBDC-R pilot project?
A Centralized Database
B Distributed Ledger Technology (DLT)
C Cloud Computing only
D Traditional Banking Core System
15.
What is the primary nature of the Retail Digital Rupee (eβ‚Ή-R) introduced by the RBI?
A A digital form of currency notes and coins
B A cryptocurrency based on blockchain
C A private digital asset
D A credit-based payment instrument
16.
The Jal Jeevan Mission aims to provide safe and adequate drinking water through individual household tap connections to all rural households by which year?
A 2022
B 2023
C 2024
D 2025
17.
What is the main objective of the Jal Jeevan Mission?
A Providing irrigation facilities to farmers
B Ensuring piped water supply to all rural households
C Cleaning major rivers across the country
D Promoting rainwater harvesting in urban areas
18.
In which year was the Jal Jeevan Mission (JJM) launched?
A 2014
B 2017
C 2019
D 2021
19.
Which of the following is a key feature of the 'Yuva Kaushal Vikas Yojana'?
A Exclusively for urban youth
B Focus on traditional arts and crafts only
C Industry-relevant skill training and certification
D Providing direct employment in government sectors
20.
The 'Yuva Kaushal Vikas Yojana' is likely to be implemented under the aegis of which Union Ministry?
A Ministry of Finance
B Ministry of Youth Affairs and Sports
C Ministry of Skill Development and Entrepreneurship
D Ministry of Education