Daily Quiz — 11 Sep 2026

1. Q1.According to the PFRDA initiative, what is the primary objective of the inflation-linked bonds being introduced for pension products?

   To deliver inflation-protected pension returnsTo maximize short-term capital appreciation for pensionersTo reduce the total assets under management in the NPSTo replace all existing pension fund investment options
   Explanation: The article explicitly states that PFRDA plans to introduce inflation-linked bonds to deliver inflation-protected pension returns, ensuring that retirement savings maintain purchasing power against inflation.

2. Q2.What specific systemic risk has RBI Deputy Governor Rohit Jain flagged regarding Indian banks' technology infrastructure?

   Concentration risk around shared technology and cloud providersExcessive dependence on international cryptocurrency exchangesOver-reliance on mobile banking applications from a single vendorHigh exposure to legacy mainframe computing systems
   Explanation: The RBI has warned about concentration risk where banks depend on a handful of shared technology and cloud providers, which could simultaneously transmit disruptions across multiple institutions if any single provider fails.

3. Q3.In BharatPe's BharatPe Flex offering, what is the maximum credit line amount available to users through UPI transactions?

   ₹60,000₹50,000₹75,000₹40,000
   Explanation: According to the article, BharatPe Flex embeds a credit line of up to ₹60,000 directly into UPI transactions for online and offline merchant payments with flexible repayment options.

4. Q4.By Q4 FY26, what percentage share of retail loan originations by value have NBFCs captured according to recent data?

   31.6%28.4%35.2%25.7%
   Explanation: The article states that NBFCs' share in retail loan originations rose from 20.7% in Q4 FY24 to 31.6% in Q4 FY26 by value, reflecting a more specialised lending ecosystem.

5. Q5.Which distributed ledger technology pilot jointly launched by SEBI and RBI has successfully completed its first corporate bond issuance through REC Ltd?

   Demat 2.0Blockchain India InitiativeDigital Securities Exchange ProtocolRBI Tokenised Asset Registry
   Explanation: The article describes 'Demat 2.0', a pilot using distributed ledger technology and CBDC for tokenised corporate bond issuance and settlement. REC Ltd completed the first issuance raising ₹500 crore at 7.30% coupon under this pilot.

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