Daily Quiz — 14 Aug 2026

1. Q1.According to the RBI Governor's recent statement, which of the following factors has NOT been cited as contributing to India's economic resilience following the oil price shock?

   Strong corporate balance sheetsRobust external sector performanceCredit growth reaching a two-year highGovernment spending cuts to offset oil imports
   Explanation: RBI Governor Sanjay Malhotra specifically cited strong corporate balance sheets, robust external sector performance, and credit growth reaching a two-year high as signs of resilience. Government spending cuts were not mentioned as a contributing factor.

2. Q2.What was the primary driver of the record ₹269.4 trillion deposit surge in Indian banks as of July 31?

   Increased domestic savings by retail customersForeign Currency Non-Resident (FCNR-B) inflows and dollar-to-rupee conversionRBI repo rate cuts attracting new depositsGovernment disinvestment proceeds
   Explanation: The article explicitly states that Indian banking system deposits surged largely due to Foreign Currency Non-Resident (FCNR-B) inflows and rapid dollar-to-rupee conversion, reaching a record ₹269.4 trillion.

3. Q3.Under SEBI's proposed Credit Risk-o-Meter framework for debt securities, which colour represents the highest level of default risk?

   OrangeYellowRedDark Purple
   Explanation: SEBI's proposed six-tier Credit Risk-o-Meter uses a colour scale ranging from Irish Green for the lowest risk to Red for high-to-very-high default risk, making Red the highest risk category.

4. Q4.What penalty did the RBI impose on Valuefin India Credit Services, and for what compliance breach?

   ₹1.80 lakh for exceeding the lending-to-deposit ratio ceiling₹1.80 lakh for failing to obtain prior written approval for shareholding exceeding 26%₹2.50 lakh for inadequate capital reserves₹1.50 lakh for unauthorized deposit collection
   Explanation: The RBI levied a ₹1.80 lakh penalty on Valuefin India Credit Services for failing to obtain prior written approval before allowing new investors to acquire more than 26% of its paid-up equity capital, as required under shareholding compliance rules.

5. Q5.According to SEBI's analysis of anchor investor exit patterns in mainboard IPOs listed between April 2022 and October 2025, which category of investor emerged as the most aggressive seller?

   Domestic mutual fundsForeign portfolio investors (FPIs)Domestic insurance companiesPromoter-backed entities
   Explanation: The SEBI study of 242 mainboard IPOs found that foreign portfolio investors (FPIs) emerged as the most aggressive sellers among anchor investors, with roughly half their allotted shares sold within one year of mandatory lock-in expiry.

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