MCQ Subject: Current Affairs & Financial News

Which Indian government initiative, launched in 2016, primarily aims to provide insurance coverage to farmers against crop failures and natural disasters?

What is the primary regulatory focus of the Reserve Bank of India (RBI) towards Non-Banking Financial Companies (NBFCs) in India?

What is the primary objective of the ‘Atmanirbhar Bharat Abhiyan’ launched by the Indian government in 2020?

Which Indian government scheme, launched in 2016, primarily aims to provide crop insurance to farmers, managing their risks due to natural disasters and price fluctuations?

As of 2023, what is the maximum transaction limit per transaction for the Unified Payments Interface (UPI) in India?

Which Indian government scheme, launched in 2019, primarily aims at creating value chains for forest produce to benefit tribal communities?

Which 2023 Indian initiative, under the Digital India program, aims to further boost digital payments by incentivizing small transactions through a reward-based system?

Which Indian financial inclusion initiative, launched in 2020, enabled the use of a single KYC (Know Your Customer) document across all financial institutions?

Which Indian government scheme, launched in 2022, aims to promote digital transactions in rural areas by incentivizing merchants?

Which Indian government scheme, launched in 2014, primarily aims to promote financial inclusion by providing universal access to banking services, including a savings account, an overdraft facility, and insurance coverage?