Daily Quiz — 10 Aug 2026

1. Q1.According to the RBI's 101st Survey of Professional Forecasters, what is the revised FY27 real GDP growth projection and by how much has it been raised from the prior survey?

   6.6%, raised by 10 basis points6.5%, raised by 20 basis points6.7%, raised by 15 basis points6.4%, raised by 5 basis points
   Explanation: The article clearly states that the RBI raised FY27 real GDP growth to 6.6%, up 10 basis points from the prior survey. This is a direct factual reference from the survey data.

2. Q2.What was the year-on-year growth rate of bad-loan acquisitions by ARCs in Q1 FY27, and what was the total value acquired?

   50%-plus surge, ₹26,304 crore acquired35%-plus surge, ₹24,500 crore acquired60%-plus surge, ₹28,000 crore acquired45%-plus surge, ₹25,800 crore acquired
   Explanation: The article explicitly states that ARCs purchased bad loans worth ₹26,304 crore in Q1 FY27, representing a 50%-plus year-on-year surge. This combines both the growth rate and the absolute figure mentioned.

3. Q3.In Kotak Mahindra Bank's hybrid home loan product, for how many months can borrowers lock their interest rate before transitioning to a floating-rate structure?

   Up to 65 monthsUp to 60 monthsUp to 48 monthsUp to 84 months
   Explanation: The article states that Kotak's hybrid home loan product lets borrowers lock their interest rate for up to 65 months before transitioning to a floating-rate structure linked to the repo rate.

4. Q4.According to the Securities and Exchange Board of India's latest annual report, how did the number of loss-making mutual fund schemes change from FY25 to FY26?

   Nearly tripled from 243 to 731Doubled from 365 to 731Nearly tripled from 250 to 750Increased by 50% from 487 to 731
   Explanation: The article explicitly states that the number of loss-making mutual fund schemes nearly tripled to 731 in FY26 from 243 a year earlier, indicating significant deterioration in scheme-level returns.

5. Q5.According to Morgan Stanley research cited in the article on market efficiency, under what market conditions can exploitable opportunities arise despite generally efficient price aggregation?

   Extreme sentiment, sharp price moves, and elevated valuationsLow volatility and stable macroeconomic conditionsConsistent dividend yields and analyst consensusIncreasing institutional participation and bond market stability
   Explanation: The article states that while markets efficiently aggregate information most of the time, extreme sentiment, sharp price moves, and elevated valuations can signal crowd-driven mispricings that create exploitable opportunities.

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