MCQs - 2026-04

The increasing internet penetration and smartphone usage in Tier-2, Tier-3 cities, and rural areas have led to a growing demand for relatable regional content on OTT platforms.

Aparna Balamurali won the Best Actress award for her performance in the film 'Soorarai Pottru' at the 73rd National Film Awards.

Suriya for 'Soorarai Pottru' and Biju Menon for 'Kakkappuyil' shared the Best Actor award at the 73rd National Film Awards.

The award for Best Feature Film at the 73rd National Film Awards was given to 'Soorarai Pottru'.

The framework mandates that LSPs, working on behalf of Regulated Entities, must ensure that all fees, charges, and the Annual Percentage Rate (APR) are disclosed upfront to the borrower in a standardized format.

A key provision mandates that the loan disbursement should be made directly into the bank account of the borrower and repayment should be made directly to the bank account of the Regulated Entity (RE) without any pass-through or pooling of funds by the Lending Service Provider (LSP).

The new framework aims to protect borrowers from predatory lending practices, excessive interest rates, and data privacy issues prevalent in the unregulated digital lending space.

When the RBI maintains the Repo Rate after a period of hikes, it often signals a 'withdrawal of accommodation' or a 'neutral' stance, meaning it is neither actively stimulating nor aggressively tightening the economy, but rather assessing the impact of previous actions.

The Monetary Policy Committee (MPC) is a six-member body, headed by the RBI Governor, responsible for fixing the benchmark interest rate (Repo Rate) to achieve the inflation target.

The Repo Rate is the rate at which the Reserve Bank of India lends money to commercial banks in the event of any shortfall of funds. It is a key tool for controlling liquidity and inflation.