Daily Quiz — 12 May 2026

1. Q1.How much gold did India's Gold Monetisation Scheme mobilise over a decade before parts of it were discontinued in March 2025?

   39 tonnes340 tonnes3,400 tonnes93 tonnes
   Explanation: The Gold Monetisation Scheme mobilised only 39 tonnes over a decade, representing just 0.1% of the estimated 34,000 tonnes held by Indian households.

2. Q2.What was the total emergency financing package extended by the State Bank of India to the Maldives, of which the second $50 million treasury bill tranche has now been repaid?

   $100 million$150 million$200 million$250 million
   Explanation: SBI extended a $150 million emergency financing package to the Maldives since 2019, structured in three tranches of $50 million each, with one tranche still due in September 2026.

3. Q3.According to RBI Deputy Governor Poonam Gupta, what was India's average real GDP growth rate in the most recent four-year period?

   6.5%7.2%7.7%8.1%
   Explanation: RBI Deputy Governor Poonam Gupta stated that India has entered a virtuous cycle of growth and macroeconomic stability, with average real GDP growth reaching 7.7% over the most recent four-year period.

4. Q4.What conditions are banks in the SBI-led consortium demanding before extending ₹25,000 crore in loans to Vodafone Idea?

   Promoter guarantees and a fresh Techno-Economic Viability reportGovernment guarantee and equity dilution by promotersReduction of AGR dues and a board-level restructuring planCollateral in the form of spectrum assets and a debt moratorium
   Explanation: Lenders are demanding promoter guarantees and a fresh Techno-Economic Viability (TEV) report before proceeding with the ₹25,000 crore loan to Vodafone Idea, while smaller lenders remain reluctant to participate on SBI's terms.

5. Q5.What equity amount did Abler Nordic lead into Sindhuja Microcredit to bolster its capital base amid microfinance sector stress?

   $3 million (₹25 crore)$5 million (₹47 crore)$7 million (₹60 crore)$10 million (₹85 crore)
   Explanation: Abler Nordic led a $5 million (₹47 crore) equity infusion into Sindhuja Microcredit alongside Gawa Capital and Oiko, with share pricing left undecided due to ongoing sector strain.

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