Daily Quiz — 14 Jun 2026

1. Q1.According to the article on India courting foreign capital, what is the expected range of foreign currency inflows that India aims to attract through its emergency measures including the Fully Accessible Route expansion?

   USD 30–40 billionUSD 50–60 billionUSD 20–30 billionUSD 100–150 billion
   Explanation: The article explicitly states that the RBI and government measures are expected to attract USD 30–40 billion in foreign currency inflows to counter the current account deficit and global tariff shocks.

2. Q2.In Q4, India's microfinance sector achieved loan disbursements at what level according to the Microfinance Industry Network?

   ₹77,524 crore₹65,000 crore₹85,000 crore₹90,500 crore
   Explanation: The Economic Times article states that microfinance loan disbursements in Q4 hit an eight-quarter high of ₹77,524 crore, indicating the strongest performance in the past two years.

3. Q3.Which international framework is SEBI integrating into its AI regulatory guidelines for capital markets?

   IOSCO's AI supervisory toolkitBasel Committee's AI frameworkFSB's AI risk assessment modelIMF's digital finance guidelines
   Explanation: According to the SEBI article, the regulator announced it will integrate IOSCO's (International Organization of Securities Commissions) AI supervisory toolkit into its detailed guidelines on responsible AI use in capital markets.

4. Q4.What is the primary focus of the RBI's Payments Vision 2028 initiative regarding cross-border payments?

   Implementing a single-window approval mechanism to reduce regulatory frictionExpanding the domestic digital payment infrastructureIncreasing transaction fees for international paymentsRestricting foreign currency exchanges
   Explanation: The Hindu Businessline article states that the RBI is prioritising cross-border payment simplification through a single-window approval mechanism to reduce regulatory and operational friction, representing a shift from domestic to global payment standing.

5. Q5.According to the article on RBI's action against Mogaveera Co-operative Bank, what triggered the strict regulatory directions effective June 12, 2026?

   The bank's weak liquidity positionNon-compliance with capital adequacy ratiosSuspected fraudulent activities by managementFailure to meet statutory reserve requirements
   Explanation: The RBI placed Mogaveera Co-operative Bank under strict regulatory directions specifically due to the bank's weak liquidity position, which prompted restrictions on loans, investments, deposits, and most payments without prior RBI approval.

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