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MCQs - 2026-04

411.
The issuance of SGBs is expected to enhance India's international reputation by:
A Increasing its reliance on foreign debt.
B Signaling a strong commitment to climate action and sustainable development.
C Reducing its participation in global climate forums.
D Focusing solely on domestic environmental issues.
412.
What is India's long-term climate target mentioned in relation to the SGB initiative?
A Net Zero emissions by 2050
B Net Zero emissions by 2070
C Reducing emissions by 50% by 2030
D Achieving carbon neutrality by 2040
413.
The proceeds from India's Sovereign Green Bonds are intended to be utilized for projects in which of the following sectors?
A Space exploration and satellite development.
B Renewable energy, energy efficiency, and climate change adaptation.
C Urban development and smart city initiatives only.
D Healthcare infrastructure and medical research.
414.
Which ministry announced the successful issuance of the second tranche of Sovereign Green Bonds on April 4, 2026?
A Ministry of Environment, Forest and Climate Change
B Ministry of Power
C Ministry of Finance
D Ministry of New and Renewable Energy
415.
What is the primary purpose of Sovereign Green Bonds (SGBs) issued by the Indian government?
A To finance general infrastructure projects.
B To fund defense expenditure.
C To finance projects with environmental benefits.
D To manage foreign exchange reserves.
416.
The RBI's revised digital lending framework is expected to have a positive impact on financial inclusion by:
A Increasing the cost of digital loans.
B Reducing trust in digital lending platforms.
C Boosting trust in digital lending, potentially leading to greater access.
D Discouraging the use of digital lending apps.
417.
Which aspect of digital lending practices is explicitly prohibited by the new RBI framework?
A Transparent disclosure of interest rates.
B Robust data governance measures.
C Certain aggressive recovery practices.
D KYC compliance for borrowers.
418.
The RBI's new framework for digital lending clarifies the role of Digital Lending Apps (DLAs) and Regulated Entities (REs) by:
A Granting DLAs complete autonomy in lending decisions.
B Ensuring REs retain ultimate control and responsibility over lending activities.
C Allowing DLAs to act as independent lenders without RE oversight.
D Reducing the compliance burden on REs involved in digital lending.
419.
Which of the following is a key feature of the new RBI digital lending framework regarding loan pricing?
A It allows for hidden charges and fees.
B It mandates greater transparency in all charges and fees.
C It permits differential pricing based on customer's social media activity.
D It exempts loans below a certain threshold from pricing disclosure.
420.
What is a primary objective of the RBI's revised framework for digital lending announced on April 5, 2026?
A To encourage aggressive loan recovery practices.
B To reduce transparency in loan pricing.
C To enhance consumer protection and financial stability.
D To allow unregulated outsourcing of critical functions.