Daily Quiz — 09 Aug 2026

1. Q1.According to RBI's proposed alignment with Basel 2017 standards, what minimum leverage ratio must G-SIB branches operating in India maintain?

   3.5 per cent plus any applicable parent bank buffer3.0 per cent plus any applicable parent bank buffer4.0 per cent with no parent bank buffer consideration2.5 per cent plus capital adequacy surcharge
   Explanation: The RBI has explicitly proposed a minimum leverage ratio of 3.5 per cent plus any buffer applicable to the parent bank for G-SIB branches in India, aligning with the Basel Committee's 2017 Leverage Ratio Standard.

2. Q2.In the first week of August 2026, what was the primary driver of FPI net inflows into Indian markets, and what was the total amount injected?

   Equity inflows of ₹12,921.14 crore totalling ₹12,290.68 crore netDebt inflows of ₹10,500 crore totalling ₹9,000 crore netHybrid securities inflows of ₹8,000 crore totalling ₹7,500 crore netMoney market inflows of ₹15,000 crore totalling ₹14,000 crore net
   Explanation: FPIs injected ₹12,290.68 crore net in the first week of August 2026, with equities accounting for the bulk at ₹12,921.14 crore, demonstrating strong investor confidence in Indian equity markets during that period.

3. Q3.What is PhonePe CEO Sameer Nigam's position on the future of consumer charges for UPI transactions, and what operational capacity does the system currently handle?

   UPI will remain free for consumers; system processes over 9,000 transactions per secondUPI charges will be introduced within 6 months; system handles 5,000 transactions per secondUPI fees will apply to premium users only; system processes 12,000 transactions per secondConsumer charges will depend on merchant type; system handles 7,500 transactions per second
   Explanation: Nigam confirmed that UPI transactions will remain zero-cost for consumers and clarified that industry discussions on sustainable models target fraud prevention rather than introducing charges. The system processes over 9,000 transactions per second.

4. Q4.Altius Telecom InvIT's IPO aims to raise approximately ₹6,000 crore through which combination of fresh issue and offer-for-sale?

   ₹500 crore fresh issue and ₹5,500 crore offer-for-sale₹1,000 crore fresh issue and ₹5,000 crore offer-for-sale₹1,500 crore fresh issue and ₹4,500 crore offer-for-sale₹600 crore fresh issue and ₹5,400 crore offer-for-sale
   Explanation: Altius Telecom's IPO comprises a ₹500 crore fresh issue and an offer-for-sale of up to 30.47 crore units by existing unitholders including Brookfield, GIC affiliate Anahera, and Rossland IMC, totalling approximately ₹6,000 crore.

5. Q5.According to the latest data, what is the total value of combined unclaimed mutual fund dividends and redemption proceeds as of March 31, 2026?

   ₹3,811 crore₹2,689 crore₹3,200 crore₹4,500 crore
   Explanation: Combined unclaimed dividends and redemption proceeds reached ₹3,811 crore as of March 31, 2026, with unclaimed mutual fund dividends alone surging 15.7% to ₹2,689 crore in FY26.

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