Daily Quiz — 02 Oct 2026

1. Q1.According to the article on RBI Forward Book signals, what is the Reserve Bank of India's net short forward position in the currency market?

   $200 billion$133 billion$150 billion$250 billion
   Explanation: The article explicitly states that the RBI's net short forward position in the currency market has climbed to $200 billion, reflecting sustained depreciation pressure on the rupee.

2. Q2.Under RBI rules on dormant bank accounts, after how many years of no customer-induced transactions is a savings or current account classified as inoperative?

   Two yearsOne yearThree yearsFive years
   Explanation: According to the RBI rules article, a savings or current account is classified as inoperative after two years of no customer-induced transactions, with interest credits and service charges excluded from that calculation.

3. Q3.What is India's insurance penetration as a percentage of GDP in FY25 according to the McKinsey report mentioned in the article on India's Insurance Gap?

   3.7%7.3%5.5%2.8%
   Explanation: The article on India's Insurance Gap explicitly states that India's insurance penetration stands at 3.7% of GDP in FY25, which is roughly half the global average of 7.3%.

4. Q4.Regarding the new RBI international trade payment regulations effective October 1, which of the following areas remains in a reporting grey area?

   Personal service imports made via credit cards for streaming subscriptions and softwareExport of goods paid through wire transfersDomestic corporate card payments for servicesForeign direct investment flows
   Explanation: The article on New RBI Trade Rules states that individual and corporate card payments for imported services—such as streaming subscriptions and software tools—remain in a reporting grey area, lacking a clear mechanism for personal service imports made via credit cards under the Liberalised Remittance Scheme.

5. Q5.What minimum percentage of net distributable cash flows must REITs mandatorily distribute to investors, as mentioned in the article on REITs as income anchors?

   At least 90%At least 75%At least 80%At least 100%
   Explanation: The article on REITs emerging as income anchors explicitly states that REITs are required to distribute at least 90% of net distributable cash flows, offering yields of up to 6.4% to investors.

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