Daily Quiz — 17 Jun 2026

1. Q1.According to the IBBI's new insolvency valuation framework, what is the primary role of the newly introduced 'coordinating valuer'?

   To integrate multiple asset-specific valuations into a holistic assessmentTo determine the final sale price of distressed assetsTo represent the interests of secured creditors onlyTo certify all auditor reports for insolvency cases
   Explanation: The IBBI's overhaul introduces a 'coordinating valuer' role specifically designed to integrate multiple asset-specific valuations into a holistic assessment of distressed companies, improving transparency for creditor committees.

2. Q2.What is the approximate total amount of remittances that India's diaspora sent in FY2026, and what is India's global rank in remittance inflows?

   USD 140 billion; world's largest remittance recipientUSD 165 billion; world's largest remittance recipientUSD 100 billion; world's second-largest remittance recipientUSD 140 billion; world's second-largest remittance recipient
   Explanation: According to the article, India's 35-million-strong overseas diaspora sent approximately USD 140 billion in remittances in FY2026, making India the world's largest remittance recipient.

3. Q3.What is the total primary capital raise amount (including both CCI-cleared preferential stake and the rights issue) that Axis Finance is undertaking?

   ₹750 crore₹1,500 crore₹2,250 crore₹3,000 crore
   Explanation: The CCI cleared Kedaara Capital's ₹750 crore preferential stake acquisition combined with a ₹1,500 crore rights issue approved in April 2026, totaling ₹2,250 crore—Axis Finance's largest-ever primary capital raise.

4. Q4.As of May 2026, at what level did India's 10-year benchmark government security yield close, and what was the change from April?

   7.02 per cent, easing two basis points7.00 per cent, easing two basis points6.98 per cent, rising two basis points7.05 per cent, easing three basis points
   Explanation: The article states that India's 10-year benchmark G-Sec yield ended May 2026 at 7.00 per cent, easing two basis points from April, supported by the RBI's repo rate hold at 5.25 per cent.

5. Q5.What are the three key distinctive characteristics of Gujarat Pipavav Port mentioned in the article?

   70% operating margins, near-zero debt, and ~5% dividend yield60% operating margins, moderate debt, and ~4% dividend yield75% operating margins, significant debt, and ~6% dividend yield70% operating margins, high debt, and ~3% dividend yield
   Explanation: The article highlights that Gujarat Pipavav Port stands out for its approximately 70% operating margins, near-zero debt, and a dividend yield of around 5%, making it an overlooked play on India's trade growth.

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