Daily Quiz — 16 Apr 2026

1. Q1.According to RBI data, what was the year-on-year loan growth rate that was outpacing deposit growth in Indian banks?

   13.8%10.8%11.5%15.2%
   Explanation: Loan growth stood at 13.8% year-on-year while deposit growth lagged at 10.8%, creating a widening gap that intensified liquidity pressure on Indian banks.

2. Q2.Under the RBI's revised branch authorisation framework for NBFCs, how long does the RBI retain to reject a branch proposal on public interest grounds before the lender may proceed automatically?

   15 days45 days30 days60 days
   Explanation: The amended framework gives the RBI a 30-day window to reject branch proposals on public interest grounds; if no rejection is issued within this period, lenders may open the branch automatically without prior regulatory approval.

3. Q3.The Jan Vishwas (Amendment of Provisions) Act, 2026 decriminalises provisions across how many central laws?

   55 central laws79 central laws91 central laws65 central laws
   Explanation: The Jan Vishwas Act decriminalises 717 provisions across 79 central laws, replacing criminal penalties for minor offences with lighter civil sanctions to ease business compliance.

4. Q4.According to the Economic Advisory Council to the Prime Minister study, by what percentage did the SVAMITVA scheme boost sanctioned loan amounts in covered districts?

   15%23%31%18%
   Explanation: The SVAMITVA rural land-titling scheme, which uses drone-based property mapping, boosted sanctioned loan amounts by 23% in covered districts, with even higher gains for backward classes, women, and aspirational district borrowers.

5. Q5.Under SEBI's temporary relief measure amid Middle East tensions, by what maximum percentage can companies reduce their IPO size without refiling full documentation, and until when does this relief apply?

   Up to 25%, valid until June 30Up to 50%, valid until September 30Up to 50%, valid until December 31Up to 30%, valid until September 30
   Explanation: SEBI is temporarily allowing companies to reduce their IPO size by up to 50% without refiling full documentation, applicable to issuers raising fresh capital before September 30, subject to fast-tracked SEBI approval with no change in the issue's primary objective.

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