Daily Quiz — 12 Apr 2026

1. Q1.According to the RBI Utkarsh 2029 strategy, which lending infrastructure does the framework prioritise scaling to reduce credit costs?

   Unified Lending InterfaceUnified Payments InterfaceAccount Aggregator FrameworkCredit Guarantee Fund Trust
   Explanation: The RBI's Utkarsh 2029 strategy explicitly prioritises scaling the Unified Lending Interface (ULI) as a key mechanism to reduce credit costs and expand financial access.

2. Q2.What is Indian Bank's targeted compound annual growth rate over the next three years, anchored by its RAM lending book?

   12–13 percent10–11 percent15–16 percent8–9 percent
   Explanation: Indian Bank targets 12–13% CAGR over three years, driven by its Retail, Agriculture, and MSME (RAM) lending book, which already constitutes 66% of its loan portfolio.

3. Q3.What regulatory requirement makes Tata Sons subject to a potential stock market listing, as discussed in the Tata Sons IPO debate?

   RBI's upper-layer NBFC listing requirementSEBI's minimum public shareholding normCompanies Act mandatory IPO threshold for large conglomeratesForeign exchange management regulations on unlisted entities
   Explanation: Tata Sons is classified as an upper-layer non-banking financial company under RBI regulations, which mandates listing requirements for such entities, fuelling the internal IPO debate.

4. Q4.In the context of India's Defence Acquisition Council approvals, which three public sector companies are identified as primary beneficiaries of the Rs 2.38 lakh crore procurement push?

   Bharat Electronics Limited, Hindustan Aeronautics Limited, and Bharat Dynamics LimitedDRDO, Mazagon Dock Shipbuilders, and Garden Reach ShipbuildersHindustan Aeronautics Limited, Cochin Shipyard, and BEML LimitedBharat Forge, Bharat Electronics Limited, and Mazagon Dock Shipbuilders
   Explanation: Bharat Electronics Limited (electronics), Hindustan Aeronautics Limited (aerospace), and Bharat Dynamics Limited (missiles) are cited as primary beneficiaries due to their deep integration across the approved procurement platforms.

5. Q5.According to the article on CSB Bank, what proportion of its loan book is currently comprised of gold loans, and what is the bank's gross NPA level amid rising SME stress?

   Gold loans at 50% of book; gross NPA at 2 percentGold loans at 40% of book; gross NPA at 3 percentGold loans at 60% of book; gross NPA at 1.5 percentGold loans at 50% of book; gross NPA at 2.5 percent
   Explanation: CSB Bank's gold loans constitute half (50%) of its loan book, while rising asset-quality stress in its SME portfolio has pushed gross non-performing assets to 2 percent, flattening net profit growth.

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