Daily Quiz — 26 Sep 2026

1. Q1.According to the RBI's latest bulletin, which facility helped maintain system liquidity in surplus through August and early September 2026?

   FCNR(B) swap facilityOpen Market Operations (OMO)Liquidity Adjustment Facility (LAF)Standing Deposit Facility (SDF)
   Explanation: The RBI bulletin explicitly states that system liquidity stayed in surplus through August and early September, buoyed by bank participation in the RBI's FCNR(B) swap facility.

2. Q2.What was the share of gold loans in total personal loans as of July 2026, and how much did this represent compared to their combined share two years prior?

   7.7%, nearly quadrupling from approximately 1.9% two years earlier5.2%, doubling from approximately 2.6% two years earlier10.1%, tripling from approximately 3.4% two years earlier6.3%, increasing sixfold from approximately 1.0% two years earlier
   Explanation: The article states that gold loans' share of total personal loans reached 7.7% in July 2026, and this nearly quadrupled over the same two-year period, overtaking the combined share of education, consumer durable, and credit-card loans.

3. Q3.In the Federal Bank and Jana Small Finance Bank share swap deal, what was the primary trigger that accelerated the acquisition process?

   Jana Holdings' default on non-convertible debentures in June 2026RBI's directive to consolidate small finance banksA sharp decline in Jana SFB's profitability in Q1 FY27Federal Bank's expansion strategy into the microfinance segment
   Explanation: The article clearly states that the acquisition process was accelerated after Jana Holdings defaulted on non-convertible debentures in June 2026, creating urgency for the share swap deal.

4. Q4.According to RBI's WMA limit for H2 FY27, at what percentage of utilisation will fresh market loan floatation be triggered?

   75%50%90%100%
   Explanation: The RBI has set the WMA limit at ₹50,000 crore for H2 FY27, and the article explicitly states that fresh market loan floatation will be triggered if the government utilises 75% of this limit.

5. Q5.SEBI found that Omaxe and promoter-linked entities routed company funds to artificially acquire shares during which event, and what was the misrepresentation involved?

   2013 offer-for-sale; misrepresenting compliance with minimum public shareholding norms2014 rights issue; falsifying promoter holding disclosures2012 preferential issue; understating related-party transactions2013 IPO; manipulating net asset value calculations
   Explanation: The article states that during a 2013 offer-for-sale, Omaxe routed ₹46.5 crore to artificially acquire Omaxe shares while misrepresenting compliance with minimum public shareholding (MPS) norms, resulting in SEBI penalties and market-access bans.

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