Daily Quiz — 07 Jun 2026

1. Q1.According to Mavenark Wealth's CIO Phanisekhar Ponangi, which of the following sectors is recommended as a defensive investment theme in the current market outlook?

   Pharma, utilities, financial services, and export-focused manufacturingInformation technology, consumer discretionary, and infrastructureCapital goods, real estate, and consumer staplesTelecommunications, hospitality, and transportation
   Explanation: The article explicitly lists pharma, utilities, financial services, and export-focused manufacturing as the defensive investment themes recommended by Mavenark Wealth's CIO.

2. Q2.What paradox does the bank locker industry in India currently face according to the Economic Times article?

   Rising distrust and complaints alongside record surge in demand for secure storageDeclining household wealth despite increasing cultural preference for gold storageIncreased regulatory scrutiny leading to lower locker availabilityCompetition from private operators causing a shift away from bank lockers
   Explanation: The article highlights that despite rising distrust—evidenced by complaints of missing valuables, alleged fraud, and inheritance disputes—demand for bank lockers continues to surge due to rising household wealth and cultural attachment to physical assets like gold.

3. Q3.According to the Bank of Baroda report on Make in India, what trend is observed in India's import dependence between FY19 and FY25?

   Import dependence has fallen meaningfully in sectors like electricals, chemicals, and electronic components despite aggregate ratio showing minimal changeOverall import dependence has increased across all sectors due to global supply chain disruptionsThe Make in India initiative has had no measurable impact on sector-level import trendsImport dependence has fallen uniformly across all 1,372 companies analysed in the report
   Explanation: The article states that while the aggregate import-to-net-sales ratio has barely moved, sector-level data reveals a clear trend toward falling import dependence in key sectors such as electricals, chemicals, and electronic components, demonstrating measurable results from the Make in India initiative.

4. Q4.Regarding brokerage consensus on high-conviction market picks, what is Inox Wind's projected upside return according to the Financial Express article?

   32%6%18%25%
   Explanation: The article explicitly states that Inox Wind leads the consensus upside projection at 32% among the seven high-conviction stocks identified by top brokerages.

5. Q5.According to the Moneycontrol article on mutual fund selection, why should investors avoid chasing top short-term fund returns?

   Stellar short-term performance typically reflects temporary sector tailwinds or elevated risk-taking rather than durable fund qualityTop-performing funds always charge higher expense ratios that erode returnsShort-term returns are not regulated by SEBI and may be misleadingTop-ranked funds are legally required to close to new investors
   Explanation: The article explains that stellar short-term performance often reflects temporary sector tailwinds or elevated risk-taking rather than durable fund quality, and experienced investors prioritise consistency across multiple market cycles instead of focusing on any single year's rankings.

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