Financial Inclusion MCQ — 2 Practice Questions with Answers

Financial Inclusion is a Rajasthan Political & Administrative System topic in the RAS/RPSC syllabus. This page gathers exam-style Financial Inclusion multiple-choice questions with correct answers and explanations, so aspirants can test recall and revise frequently examined concepts.

Practice 2 Financial Inclusion multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

2 Questions Rajasthan Political & Administrative System

Reviewed by: Aspirant Academy Editorial Team

Q1. Consider the following statements regarding India digital financial inclusion ecosystem highlighted in the PIB feature of 13 May 2026:\n1. India has 58.16 crore Jan Dhan accounts under the Pradhan Mantri Jan-Dhan Yojana.\n2. The Account Aggregator framework currently has around 252.9 million users supporting consent-based data sharing.\n3. MuleHunter.AI is an Artificial Intelligence based tool that detects suspicious mule accounts using real-time transaction patterns.\nWhich of the statements given above are correct?

A 1 and 2 only

B 1 and 3 only

C 1, 2 and 3 Correct

D 2 and 3 only

Explanation

All three statements are correct as cited in the PIB feature of 13 May 2026: 58.16 crore Jan Dhan accounts under PMJDY, 252.9 million Account Aggregator users, and MuleHunter.AI as an AI fraud detection tool.

Q2. Consider the following statements about the Unified Lending Interface (ULI) referenced in the 13 May 2026 PIB feature on AI-powered financial inclusion:\n1. ULI functions as a Digital Public Infrastructure for the lending space, integrating financial institutions and data providers through standardised APIs.\n2. ULI is operated by the Securities and Exchange Board of India and is restricted to capital market borrowers.\nWhich of the statements given above is/are correct?

A Both 1 and 2

B 2 only

C Neither 1 nor 2

D 1 only Correct

Explanation

Statement 1 is correct: ULI is a DPI for lending using standardised APIs. Statement 2 is incorrect: ULI is a Reserve Bank of India initiative aimed at frictionless credit across borrower segments, not a SEBI capital market platform.

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Frequently Asked Questions

How many Financial Inclusion MCQ questions are available?

There are 2 Financial Inclusion practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.

Are answers and explanations provided for Financial Inclusion MCQs?

Yes, every Financial Inclusion question comes with the correct answer and a detailed explanation to help you understand the underlying concept.

How is Financial Inclusion relevant to the RAS/RPSC exam?

Financial Inclusion falls under the Rajasthan Political & Administrative System section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

Can I practice Financial Inclusion questions in Hindi?

Yes, Aspirant Academy offers bilingual support. You can practice Financial Inclusion MCQs in both English and Hindi, including questions, options, and explanations.

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