MCQ
Digital Finance MCQ - Practice Questions with Answers
Solve 2 Digital Finance questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements regarding the Jan Samarth Portal of the Government of India: 1. It was launched on 6 June 2022 as Indias first unified national portal for credit-linked government schemes. 2. As of 1 June 2026, the portal supports 16 credit-linked central schemes and has 269 member lending institutions onboarded. Which of the statements given above is/are correct?
Explanation
Both statements are correct. Jan Samarth was launched on 6 June 2022 by Prime Minister Narendra Modi as Indias first national portal connecting beneficiaries to 16 credit-linked central schemes through a single window, with 269 lending institutions onboarded as of 1 June 2026.
Q2With reference to the Jan Samarth Portal as on its fourth anniversary on 6 June 2026, consider the following statements: 1. The portal disbursed loans of more than Rupees ten lakh crore in its first four years. 2. The portal integrates with Aadhaar, PAN, GSTN, Udyam, DigiLocker and Account Aggregator stacks for digital verification. Which of the statements given above is/are correct?
Explanation
Statement 1 is wrong: as of 1 June 2026, digital approvals were Rupees 2,76,493.78 crore (not over Rupees 10 lakh crore). Statement 2 is correct: Jan Samarth integrates with Aadhaar, PAN, GSTN, Udyam, DigiLocker and Account Aggregator stacks to enable paperless onboarding and eligibility checks.
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