Daily Quiz — 01 Aug 2026

1. Q1.According to RBI data cited in the article, what was the year-on-year growth rate of bank credit to industry, and which personal loan category showed the strongest growth?

   19% industry credit growth; gold jewellery loans surged 93%19% industry credit growth; credit card loans surged 93%25% industry credit growth; gold jewellery loans surged 93%19% industry credit growth; personal loans across all categories surged equally at 50%
   Explanation: The article explicitly states that industry credit rose 19% year-on-year, with gold jewellery loans surging 93% to lead personal loan growth, significantly outpacing other categories like credit cards which grew only 2%.

2. Q2.The RBI has consolidated supervisory rules by replacing 628 existing circulars with how many Master Directions across how many categories of regulated entities?

   64 Master Directions across 11 categories100 Master Directions across 15 categories64 Master Directions across 15 categories128 Master Directions across 11 categories
   Explanation: The article states that the RBI issued 64 consolidated Master Directions that replace 628 existing circulars across 11 categories of regulated entities, including commercial banks, NBFCs, and cooperative banks.

3. Q3.As of June 2026, what is the credit-deposit growth spread in scheduled commercial banks, and what change occurred in weighted average fresh deposit rates?

   516 basis points spread; deposit rates rose 16 basis points to 5.99%400 basis points spread; deposit rates rose 25 basis points to 6.24%516 basis points spread; deposit rates fell 16 basis points to 5.83%600 basis points spread; deposit rates rose 16 basis points to 6.15%
   Explanation: The article reports that the credit-deposit growth spread stood at 516 basis points as of June 2026, with the weighted average fresh deposit rate rising 16 basis points to 5.99%, while the fresh loan rate edged up to 8.53%.

4. Q4.Under IRDAI's new norms for private capital investment, what are the maximum allocation limits for life insurers and general insurers respectively when investing in private companies, AIFs, and venture funds combined?

   Life insurers 3%; general insurers 5%Life insurers 5%; general insurers 3%Life insurers 2%; general insurers 4%Both life and general insurers 5%
   Explanation: The article specifies that life insurers may allocate up to 3% of funds and general insurers up to 5% of investment assets into private companies, AIFs, and venture funds combined, representing a significant relaxation of previous restrictions.

5. Q5.According to SEBI's ruling on IDBI Bank's unlisted share sales, what is the maximum number of non-institutional investors to whom shares of a single company can be sold in a financial year without triggering a deemed public issue classification?

   200 investors150 investors250 investors100 investors
   Explanation: The article states that SEBI confirmed IDBI Bank may sell unlisted equity holdings to non-institutional buyers through private bilateral deals without a deemed public issue classification as long as shares of any single company are sold to no more than 200 investors in a financial year, consistent with the Companies Act, 2013.

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