MCQs - 2026-05

The festival is named after and held in the city of Cannes, specifically at the Palais des Festivals et des Congrès.

The rigorous selection process for films in various categories (Official Competition, Un Certain Regard, etc.) is a primary and extensive part of the festival's preparation.

The Cannes Film Festival is consistently held in May each year, a tradition expected to continue for the 2026 edition.

The Provision Coverage Ratio (PCR) indicates the extent to which a bank has provided for its bad loans from its profits.

Credit growth refers to the increase in the volume of loans and advances provided by banks to borrowers.

A lower GNPA ratio means a smaller portion of the bank's total loans are in default, signifying better asset quality.

Tokenization is the process of replacing sensitive card details with a unique surrogate code called a 'token' to enhance security.

The RBI-DPI was constructed with March 2018 as the base period (score of 100) to track the growth of digital payments.

UPI was developed by the National Payments Corporation of India (NPCI) to facilitate inter-bank peer-to-peer and person-to-merchant transactions.

The primary mandate of the MPC is to maintain price stability (inflation control) while supporting economic growth.