Daily Quiz — 27 Apr 2026

1. Q1.By how much did the Indian rupee depreciate against the US dollar in FY2025-26, compared to its historical annual average?

   8.45%, against a historical average of 2.5–3%5.20%, against a historical average of 2.5–3%8.45%, against a historical average of 4–5%6.75%, against a historical average of 3–4%
   Explanation: The rupee depreciated 8.45% in FY2025-26, significantly above the historical average of 2.5–3% per year, raising imported inflation concerns.

2. Q2.What portion of the fresh issue proceeds from OnEMI Technology Solutions' IPO is earmarked to strengthen the capital base of its NBFC subsidiary Si Creva?

   ₹926 crore₹288.5 crore₹637.5 crore₹462 crore
   Explanation: Of the total ₹926 crore IPO, ₹637.5 crore from the fresh issue will be used to bolster the capital base of Si Creva, the NBFC offering unsecured personal loans.

3. Q3.According to the article on mutual fund exit loads, how many of the 830 active equity schemes currently carry no exit load?

   528302415198
   Explanation: 302 out of 830 active equity schemes now carry no exit load, reflecting a broader softening of exit load structures driven by rising SIP inflows and capital gains tax deterrents.

4. Q4.What is the enterprise value at which Sun Pharmaceutical Industries has agreed to acquire Organon & Co., and at what per-share cash price?

   $11.75 billion enterprise value at $12 per share$14 billion enterprise value at $14 per share$11.75 billion enterprise value at $14 per share$12 billion enterprise value at $11.75 per share
   Explanation: Sun Pharma agreed to acquire Organon & Co. at $14 per share in cash, valuing the company at an enterprise value of $11.75 billion in one of India's largest outbound acquisitions.

5. Q5.What deadline has the Finance Ministry set for public sector banks to conclude the 13th Bipartite wage settlement, and from when are revised wages due?

   6 months; wages due from April 1, 202712 months; wages due from November 1, 202718 months; wages due from November 1, 202812 months; wages due from January 1, 2028
   Explanation: The Finance Ministry directed PSBs to complete the 13th Bipartite wage settlement within 12 months, with revised wages applicable from November 1, 2027, to prevent the chronic delays seen in past settlements.

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