Daily Quiz — 18 Jul 2026

1. Q1.What is the effective date for the RBI's mandate requiring collateral-free loans of up to ₹20 lakh for micro and small enterprises?

   April 1, 2026January 1, 2026July 1, 2026June 29, 2026
   Explanation: The article explicitly states that the collateral-free loan mandate for MSEs is effective April 1, 2026, and banks are seeking clarity on implementation ahead of this deadline.

2. Q2.According to the article on GIFT City, how many multinational companies are actively exploring operations at the Gujarat-based international financial hub?

   More than 100Approximately 50Over 200Fewer than 50
   Explanation: The article explicitly states that JPMorgan reports more than 100 multinational companies are actively exploring operations at GIFT City, driven by treasury centre demand and dual currency account capabilities.

3. Q3.In the Indo-MIM IPO, by what percentage was the fresh issue size reduced following Sebi's new rule on reductions without re-filing?

   50 percent25 percent75 percent33 percent
   Explanation: The article states that Indo-MIM halved its fresh issue size from ₹1,000 crore to ₹500 crore, representing a 50% reduction, which was permitted under the new Sebi rule allowing up to 50 percent reductions without re-filing.

4. Q4.What was Central Bank of India's gross non-performing asset ratio in Q1 FY27, and how did it compare to the previous year?

   2.60%, down from 3.13%3.13%, up from 2.60%2.10%, down from 2.60%3.50%, up from 3.13%
   Explanation: The article states that Central Bank of India's gross NPAs fell to 2.60% in Q1 FY27 from 3.13% a year ago, reflecting improved asset quality that contributed to the 13% year-on-year rise in net profit.

5. Q5.Which promoter has RBL Bank leveraged for non-resident Indian deposit growth and trade finance expansion?

   Emirates NBDTVS GroupJPMorganState Bank of India
   Explanation: The article explicitly states that RBL Bank is leveraging its new promoter Emirates NBD's global network to grow non-resident Indian deposits and trade finance, having raised $150 million under the FCNR-B scheme.

You didn't attempt this quiz.