Daily Quiz — 15 Apr 2026

1. Q1.According to TransUnion CIBIL data, at what rate do high-exposure gold loan borrowers (holding over ₹2.5 lakh outstanding) default compared to lower-exposure peers?

   2.2 times the rate1.5 times the rate3.0 times the rate1.8 times the rate
   Explanation: High-exposure gold loan borrowers default at 2.2 times the rate of lower-exposure peers, signalling concentration risk as gold loans have grown from 5.9% to 11% of India's retail credit portfolio.

2. Q2.In Sammaan Capital's sale of its ₹5,000 crore legacy loan portfolio to Arcil, what was the deal structure in terms of cash and security receipts?

   15% cash and 85% security receipts25% cash and 75% security receipts50% cash and 50% security receipts10% cash and 90% security receipts
   Explanation: The deal was structured with 15% cash upfront and 85% in security receipts, as part of Sammaan Capital's balance sheet cleanup ahead of IHC's full ₹8,850 crore investment to acquire a 66.65% stake.

3. Q3.What is India's asset monetisation target for the financial year 2026-27?

   ₹3.26 lakh crore₹2.50 lakh crore₹4.00 lakh crore₹1.75 lakh crore
   Explanation: India has set a target of ₹3.26 lakh crore in asset monetisation for 2026-27, with the finance ministry pushing ministries and state-run entities to exceed this goal amid market volatility disrupting disinvestment plans.

4. Q4.By how much did active client accounts on the NSE fall year-on-year in FY26, and which discount broker bucked the declining trend?

   7% decline; Groww bucked the trend10% decline; Zerodha bucked the trend5% decline; Upstox bucked the trend7% decline; Angel One bucked the trend
   Explanation: NSE active client accounts fell 7% year-on-year in FY26 to 4.57 crore, the first annual contraction in three years. Groww was the exception, expanding its market share while Zerodha, Angel One, and Upstox accounted for over 70% of the decline.

5. Q5.From assessment year 2026-27, what new financial disclosures are mandated for taxpayers under India's presumptive taxation scheme in the revised ITR-4 form?

   Bank balances, investments, debtors, creditors, and cash holdingsOnly bank balances and cash holdingsFixed assets, turnover details, and tax paid challansForeign assets, capital gains, and dividend income
   Explanation: The Income Tax Department has mandated taxpayers under the presumptive tax scheme to declare bank balances, investments, debtors, creditors, and cash holdings in the revised ITR-4 form, targeting those reporting low income while holding disproportionately high financial assets.

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