Daily Quiz — 08 Sep 2026

1. Q1.According to SBI Funds Management Research, what is the forecast for corporate capital expenditure growth by BSE 500 companies in FY27, and which sector is projected to absorb the largest share?

   11% growth, with power sector absorbing ~55% of incremental capex15% growth, with infrastructure sector absorbing ~60% of incremental capex8% growth, with manufacturing sector absorbing ~50% of incremental capex11% growth, with energy sector absorbing ~45% of incremental capex
   Explanation: The article explicitly states that corporate capex by BSE 500 companies is forecast to rise 11% in FY27, with the power sector absorbing roughly 55% of incremental capex. This is a direct factual reference from the investment-driven growth narrative.

2. Q2.Which regulated financial services were already part of RNFI Services' portfolio before receiving RBI approval for physical payment aggregation?

   Foreign exchange, mutual fund distribution, insurance broking, and prepaid payment instrumentsForeign exchange, equity distribution, and loan broking servicesInsurance broking, credit rating, and derivative tradingMutual fund distribution, wealth management, and forex hedging
   Explanation: The article states that RNFI's existing regulated financial services stack already includes foreign exchange, mutual fund distribution, insurance broking, and prepaid payment instruments before the payment aggregator approval.

3. Q3.What was the year-on-year growth rate of gold loans by NBFCs in July 2026, and what primary factor sustained this growth momentum?

   68.5% growth, fuelled by rising gold prices bolstering collateral confidence58.5% growth, driven by regulatory incentives for gold lending72% growth, driven by increased retail borrowing demand68.5% growth, fuelled by RBI's concessional swap facility
   Explanation: The article clearly states that NBFC gold loans surged 68.5% year-on-year in July 2026, fuelled by rising gold prices that bolstered lender confidence in collateral quality. This is a specific data point from the NBFC performance analysis.

4. Q4.According to C Rangarajan's recent statement, approximately how many small finance banks currently operate nationally, and which institution did he endorse as a model?

   Around 11 institutions; Equitas Small Finance BankAround 15 institutions; Federal BankAround 8 institutions; Bandhan BankAround 11 institutions; IndusInd Bank
   Explanation: The article states that only around 11 small finance banks exist nationally, and Rangarajan explicitly endorsed Equitas Small Finance Bank as a model institution worthy of consideration for a universal banking licence.

5. Q5.What is the premature redemption price per unit set by the RBI for Sovereign Gold Bond 2020-21 Series VI, and when does this tranche become eligible for redemption?

   ₹15,384 per unit; eligible after 5 years from September 8, 2020 issue date₹14,950 per unit; eligible after 7 years from issue date₹15,384 per unit; eligible immediately upon announcement₹16,200 per unit; eligible after 3 years from issue date
   Explanation: The RBI set the premature redemption price at ₹15,384 per unit, effective September 8, 2026, based on three-day average gold prices. This tranche issued on September 8, 2020, becomes eligible having completed five years from its issue date, making September 2025 the eligibility date.

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