Daily Quiz — 20 May 2026

1. Q1.According to the IBC reforms article, how much have creditors recovered in dues through December 2025 across cases admitted under the Insolvency and Bankruptcy Code?

   More than Rs 4.11 lakh croreMore than Rs 2.5 lakh croreMore than Rs 3.03 lakh croreMore than Rs 7.38 lakh crore
   Explanation: The article states that over 8,800 cases have been admitted under IBC with creditors recovering more than Rs 4.11 lakh crore in dues through December 2025.

2. Q2.Under IRDAI's proposed CEO compensation structure, what percentage of pay would be linked to customer metrics?

   30%60%40%50%
   Explanation: IRDAI's proposed 40-30-30 structure allocates 40% of CEO pay to customer metrics, replacing the existing framework that had a 60-40 regulatory-shareholder split.

3. Q3.As per the RBI overnight money market data for May 19, 2026, what was the weighted average rate recorded in the overnight money market?

   5.25%4.75%5.50%5.08%
   Explanation: The article states that India's overnight money market on May 19, 2026 recorded a weighted average rate of 5.08%, with the RBI absorbing net liquidity of Rs 1.76 lakh crore via the Standing Deposit Facility.

4. Q4.According to the article on loans against mutual funds, what is the approximate loan-to-value (LTV) ratio offered by Indian banks for such loans, and why is it lower than loans against deposits?

   Around 80–90%, due to the liquid nature of mutual fundsAround 50%, due to market volatility risksAround 60–70%, due to regulatory caps on equity exposureAround 50%, due to RBI restrictions on capital market lending
   Explanation: The LTV ratio for loans against mutual funds is around 50%, lower than the 80–90% offered against deposits, specifically because of market volatility risks associated with mutual fund-linked collateral.

5. Q5.ICRA revised India's FY27 GDP growth forecast downward to 6.2%. What was the revised crude oil price assumption that primarily drove this downgrade?

   USD 110 per barrelUSD 85 per barrelUSD 95 per barrelUSD 100 per barrel
   Explanation: ICRA cut its FY27 GDP forecast from 6.5% to 6.2%, citing a revised crude oil price assumption of USD 95 per barrel amid the West Asia conflict, alongside slower industrial and services sector expansion.

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