Daily Quiz — 16 Aug 2026

1. Q1.According to the PSU Banks article, which of the following is NOT mentioned as one of the strict quality filters used to identify watchlist candidate banks?

   Return on Equity above 12%Price-to-book ratio below 1.5xGross Non-Performing Assets below 3%Asset turnover ratio above 0.8x
   Explanation: The article explicitly states three quality filters: Return on Equity above 12%, price-to-book below 1.5x, and gross Non-Performing Assets below 3%. Asset turnover ratio is not mentioned as a filter.

2. Q2.What was India's food inflation reading in July 2025 according to the WPI data mentioned in the Energy Relief article?

   4.2%5.8%6.6%7.1%
   Explanation: The article states that food inflation climbed to a 19-month high of 6.6% in July 2025, despite overall WPI-based inflation easing.

3. Q3.According to SBI's economic research, what is the projected real GDP growth rate for Q1 FY27?

   6.5%7.2%8.0%8.8%
   Explanation: SBI's economic research department projects real GDP growth at 8% in Q1 FY27, backed by strong credit growth and forex reserves mentioned in the report.

4. Q4.As per SEBI's recent expansion of Online Bond Platform Provider (OBPP) product scope, which of the following instruments can now be offered by OBPPs?

   Only government securities and corporate bondsInstruments regulated by IFSCA and Section 54EC tax-saving bondsOnly equity shares and mutual fund unitsDerivatives and commodity futures contracts
   Explanation: SEBI expanded OBPP product scope to include instruments regulated by IFSCA and capital-gains tax-saving bonds under Section 54EC of the Income Tax Act, effective immediately.

5. Q5.What is the effective date for the RBI's new comprehensive loan recovery directions that prohibit abusive practices by lenders and recovery agents?

   July 1, 2026October 1, 2026January 1, 2027April 1, 2027
   Explanation: The RBI has finalised comprehensive new loan recovery directions that are effective January 1, 2027, explicitly prohibiting abusive calls, public humiliation, and misuse of borrowers' personal data, with lenders held directly accountable for agent conduct.

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