Daily Quiz — 15 Jul 2026

1. Q1.According to the article on Foreign debt inflows, what was the primary driver of the FAR inflows surge that crossed $4.6 billion in the first seven months of 2026?

   G-Sec demand revival following RBI rate measures and improved post-tax returnsIncreased corporate bond issuances by Indian companiesFresh investments from US institutional investors in Indian equity marketsGovernment stimulus packages announced in June 2026
   Explanation: The article explicitly states that FAR inflows were driven largely by demand for government securities following RBI rate measures and improved post-tax returns on G-Secs, with a $2 billion surge in June alone.

2. Q2.What is the key regulatory ambiguity that the MDP framework is designed to resolve according to the Economic Times article?

   Which professional regulator should have disciplinary authority over members in MDPsWhether foreign professionals can participate in Indian MDPsThe minimum capital requirement for establishing an MDPHow MDPs should be taxed under the GST regime
   Explanation: The article states that the framework aims to resolve regulatory ambiguity by allowing each professional regulator (CAs, company secretaries, lawyers, engineers) to discipline its own members within MDPs, thereby enabling creation of large, integrated professional services firms.

3. Q3.In FY26, which public sector bank led the bancassurance fee income surge, and by what percentage did its insurance commissions rise?

   SBI with a 19.26% rise to ₹2,795 croreBank of Baroda with a 15% rise to ₹2,500 crorePunjab National Bank with a 22% rise to ₹3,000 croreIndian Bank with an 18% rise to ₹2,600 crore
   Explanation: The article explicitly states that SBI led the growth in insurance distribution fee income in FY26, with its insurance commissions rising 19.26% to ₹2,795 crore.

4. Q4.What percentage of fresh capital will be raised through the Indian Gas Exchange IPO filed with SEBI?

   0% — it is a pure offer-for-sale with no fresh capital raised25% of the offer size50% of the offer size100% of the offer size
   Explanation: The article clearly states that IGX's IPO is an entirely offer-for-sale issue with no fresh capital being raised, as all proceeds will flow to the selling shareholder IEX.

5. Q5.According to the microfinance article, what dual challenge is India's microfinance sector navigating as it hosts the world's largest microfinance programme?

   Deploying technology while preserving financial inclusion for vulnerable borrowersIncreasing interest rates while maintaining competitive market positioningExpanding rural operations while reducing non-performing assetsConsolidating two parallel models while maintaining regulatory compliance
   Explanation: The article identifies that India's microfinance sector, built on two parallel models (SHG-BLP and MFI model), must balance deploying technology while simultaneously preserving financial inclusion for the most vulnerable borrowers, guarding against digital tools inadvertently excluding them.

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