Daily Quiz — 06 Aug 2026

1. Q1.According to SBI Research findings, what happened to deposit growth between January and June 2026 even as real interest rates fell sharply?

   Deposit growth accelerated from 12.3% to 13.3%Deposit growth declined from 13.3% to 12.3%Deposit growth stagnated at 12.8% throughout the periodDeposit growth fell sharply to below 10%
   Explanation: SBI Research documented that deposit growth actually accelerated from 12.3% to 13.3% despite a cumulative 125 basis point repo rate cut, contradicting the assumption that lower real rates weaken deposit mobilisation.

2. Q2.Under the RBI's revised principle-based norms for NBFC classification, what asset threshold defines upper-layer entities?

   Assets exceeding ₹50,000 croreAssets exceeding ₹1 lakh croreAssets exceeding ₹2 lakh croreAssets exceeding ₹5 lakh crore
   Explanation: The RBI's updated upper-layer NBFC list classifies firms with assets exceeding ₹1 lakh crore as upper-layer entities, which would require companies like Tata Sons to pursue public listing.

3. Q3.What is the primary regulatory concern that CRILC expansion aims to address regarding surety bond exposures?

   Surety bonds offer excessive returns to investorsBanks and credit rating agencies do not account for surety bond liabilities in credit assessmentsSurety bonds are unrelated to banking operationsSurety bonds eliminate the need for bank guarantees entirely
   Explanation: Regulators are concerned that banks and credit rating agencies currently do not account for surety bond liabilities in credit assessments, creating a regulatory blind spot as these instruments increasingly replace bank guarantees in government contracts.

4. Q4.In which denominations are polymer banknotes targeted for circulation by the RBI starting FY27?

   ₹5 and ₹10₹10 and ₹20₹20 and ₹50₹50 and ₹100
   Explanation: RBI Governor Sanjay Malhotra confirmed that polymer banknotes in ₹10 and ₹20 denominations are targeted for circulation at the start of FY27, following successful field trials.

5. Q5.According to the RBI's latest projections, what is the FY27 real GDP growth forecast and CPI inflation forecast respectively?

   6.5% GDP growth and 5.5% CPI inflation6.7% GDP growth and 5% CPI inflation7.0% GDP growth and 4.5% CPI inflation6.3% GDP growth and 5.3% CPI inflation
   Explanation: The RBI marginally raised its FY27 real GDP growth projection to 6.7% and trimmed its Consumer Price Index inflation forecast to 5%, reflecting a stable macroeconomic outlook.

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