Daily Quiz — 21 Aug 2026

1. Q1.According to the article on PSB distressed assets, what percentage of total loan sales initiated in Q1 FY26 were re-listed bad loans by public sector banks?

   Nearly 80%Approximately 60%Around 50%Close to 90%
   Explanation: The article explicitly states that ₹39,671 crore of re-listed bad loans accounted for nearly 80% of total loan sales initiated in Q1 FY26, indicating weak buyer demand in the distressed-asset market.

2. Q2.What is the maximum stake percentage that the RBI has approved for Life Insurance Corporation of India to hold in HDFC Bank?

   Up to 9.99%Up to 5%Up to 7.5%Up to 12%
   Explanation: The article states that RBI approved LIC's request to raise its stake in HDFC Bank from 4.11% to up to 9.99%, subject to compliance with banking and securities regulations.

3. Q3.According to RBI Deputy Governor Swaminathan's warning, what primary risk do urban co-operative banks face that exceeds their institutional capacity?

   Cyber risks from digital banking expansionCapital adequacy shortfallsLiquidity management challengesAsset quality deterioration
   Explanation: The article highlights that UCBs face cyber risks far exceeding their institutional size due to digital banking adoption, and they lack adequate resources to manage these threats. The Deputy Governor urged strengthening technology infrastructure and scrutinizing third-party service providers.

4. Q4.By what amount did Niva Bupa Health Insurance exceed its allowable expense-of-management limits in FY25, resulting in IRDAI penalties?

   ₹248.37 crore₹334.78 crore₹150 crore₹400 crore
   Explanation: According to the IRDAI penalty article, Niva Bupa Health Insurance exceeded its prescribed expense-of-management limits by ₹248.37 crore in FY25, leading to a six-month ban on opening new business locations.

5. Q5.According to India Ratings and Research's forecast on core sector growth, what outcome is expected in coming months relative to July's 5.4% growth rate?

   Growth is expected to dip below 5%Growth is expected to accelerate above 6%Growth is expected to remain stable at 5.4%Growth is expected to exceed 7%
   Explanation: The article on core sector growth states that India's core sector output growth slowed to 5.4% in July, and India Ratings and Research expects core growth to dip below 5% in coming months due to unfavourable base effects and moderation in key sectors.

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