Daily Quiz — 04 Aug 2026

1. Q1.According to the article on bank credit trends, what was the year-on-year growth rate of bank credit to India's technology infrastructure sector as of June, and what was the total amount outstanding?

   49% YoY growth; ₹53,859 crore outstanding35% YoY growth; ₹45,000 crore outstanding52% YoY growth; ₹60,000 crore outstanding41% YoY growth; ₹50,000 crore outstanding
   Explanation: The article explicitly states that RBI data shows 49% year-on-year growth in bank credit to the technology infrastructure sector, with total credit reaching ₹53,859 crore in June, driven by data centres, global capability centres, and cloud infrastructure demand.

2. Q2.Under the Payment and Settlement Systems (Amendment) Bill, what MDR (merchant discount rate) range does Bernstein estimate could be applied to large-value UPI transactions above ₹2,000?

   30–40 basis points20–30 basis points40–50 basis points15–25 basis points
   Explanation: The article on UPI MDR revival states that Bernstein estimates an MDR of 30–40 basis points on transactions above ₹2,000 would create meaningful revenue for payment companies with minimal volume disruption.

3. Q3.What is the key statutory change proposed by the parliamentary committee regarding NCLT insolvency benches under the Corporate Laws (Amendment) Bill 2026?

   Making dedicated insolvency benches a binding statutory obligation rather than discretionaryAbolishing NCLT insolvency benches entirelyReducing the number of dedicated insolvency benches from five to threeTransferring NCLT jurisdiction to high courts
   Explanation: The parliamentary committee proposed making dedicated insolvency benches at NCLT a binding statutory obligation, replacing the original enabling provision that left the decision discretionary to the NCLT president.

4. Q4.According to the Rajya Sabha MSME Payment Dispute Bill, if a buyer's challenge to a court award remains pending beyond six months, what minimum percentage of the awarded amount must the court direct the buyer to deposit?

   50%25%75%33%
   Explanation: The article on the MSME bill explicitly states that a key provision allows courts to direct buyers to deposit at least 50% of an awarded amount if a challenge remains pending beyond six months.

5. Q5.What was Satin Creditcare Network's consolidated net profit growth rate year-on-year for the reported quarter, and what was the AUM growth rate during the same period?

   172% profit growth; 28% AUM growth150% profit growth; 25% AUM growth180% profit growth; 32% AUM growth165% profit growth; 30% AUM growth
   Explanation: The article on Satin Creditcare states that the microfinance lender reported a 172% year-on-year surge in consolidated net profit to ₹123 crore for the quarter, with assets under management growing 28% to ₹15,935 crore.

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