Daily Quiz — 13 Jul 2026

1. Q1.According to the RBI's initiative on education savings products, what key regulatory challenge must be addressed before banks can offer these products?

   New regulations must be created as no such purpose-linked preferential product currently exists in the banking systemBanks must obtain separate licenses for offering education-specific productsThe RBI has mandated that only public sector banks can offer these productsEducation savings accounts must be tied to government scholarship schemes

2. Q2.As per NaBFID's MD & CEO, what is the single largest infrastructure opportunity requiring investment over the next 20 years in India?

   Urban infrastructureRural connectivity and agricultural infrastructureEnergy and renewable power generationTransportation and logistics networks

3. Q3.Which of the following best describes the technological shift in the ATM modernisation initiative undertaken by public sector banks?

   ATMs are being upgraded to biometric authentication systemsCash recycler machines that both dispense and accept cash are replacing traditional ATMs to cut replenishment costsAll ATMs are being converted to cryptocurrency transaction pointsATM networks are being consolidated into regional distribution hubs

4. Q4.Following India's increase in the FDI limit for insurance to 100%, what is Sompo Insurance's current stake in Universal Sompo General Insurance, and what is its strategic intention?

   Sompo holds 50% stake and plans a full acquisitionSompo holds 34.61% stake and is evaluating opportunities to expand its role furtherSompo holds 100% stake and is divesting non-core businessesSompo holds 25% stake and plans joint venture partnerships

5. Q5.In the Pricol demerger, what distinguishes this transaction from typical demerger structures?

   The slower-growing, lower-margin business is being separated, following the typical playbookThe faster-growing, higher-margin business is the larger unit being separated, departing from typical demerger structuresThe demerger involves three separate entities instead of the standard two-way splitThe parent company retains majority control of both separated entities post-demerger