Current Affairs & MCQs
Latest Questions, Daily Updates & More

MCQs - 2026-04

1851.
What was the approximate number of transactions processed by India's digital payments infrastructure in fiscal year 2025-26?
A Over 100 billion.
B Over 150 billion.
C Over 200 billion.
D Over 50 billion.
1852.
Which organization announced that India's digital payments infrastructure processed a record number of transactions in fiscal year 2025-26?
A Reserve Bank of India (RBI).
B Ministry of Finance.
C National Payments Corporation of India (NPCI).
D Indian Banks' Association (IBA).
1853.
Which of the following aspects of NBFC operations will be subject to stricter guidelines under the new RBI framework?
A Marketing and advertising budgets.
B Asset classification and provisioning norms.
C Employee training programs.
D Branch network expansion.
1854.
The enhanced prudential norms for NBFCs are aimed at:
A Increasing the profitability of NBFCs.
B Reducing competition between NBFCs and banks.
C Strengthening financial resilience and mitigating systemic risks.
D Encouraging aggressive lending practices.
1855.
Under the new RBI framework, which role is mandated for all Systemically Important NBFCs (SI-NBFCs)?
A Chief Compliance Officer (CCO).
B Chief Financial Officer (CFO).
C Chief Risk Officer (CRO).
D Chief Operations Officer (COO).
1856.
A key enhancement in the prudential norms for SI-NBFCs includes:
A A reduction in the Capital to Risk-Weighted Assets Ratio (CRAR).
B A higher Capital to Risk-Weighted Assets Ratio (CRAR) requirement.
C Relaxation of provisioning norms for non-performing assets.
D Reduced oversight on governance and risk management practices.
1857.
Which category of Non-Banking Financial Companies (NBFCs) is primarily targeted by the enhanced prudential norms announced by the RBI on April 3, 2026?
A All NBFCs uniformly.
B Small-scale NBFCs with limited assets under management.
C Systemically Important NBFCs (SI-NBFCs).
D NBFCs focused solely on microfinance.
1858.
What does the strong investor interest in India's Sovereign Green Bonds indicate?
A A lack of alternative investment opportunities.
B Growing confidence in India's commitment to sustainability and ESG investments.
C A preference for short-term, high-yield instruments.
D A decline in the global demand for government debt.
1859.
The issuance of Sovereign Green Bonds by India is aligned with its commitments under:
A The World Trade Organization (WTO) agreements.
B The International Monetary Fund (IMF) lending programs.
C The Paris Agreement and Net-Zero emission targets.
D The G20 framework for economic cooperation.
1860.
The proceeds from Sovereign Green Bonds are earmarked for financing projects in which of the following sectors?
A Defense manufacturing and space exploration.
B Renewable energy, clean transportation, and sustainable water management.
C Information technology and digital infrastructure.
D Healthcare and pharmaceutical research.