Daily Quiz — 27 Jun 2026

1. Q1.According to Goldman Sachs' latest forecast, what is the projected FY27 GDP growth rate for India, and what crude oil price per barrel did the bank revise downward to?

   6.5% GDP growth and $82 per barrel crude oil6.2% GDP growth and $85 per barrel crude oil6.8% GDP growth and $78 per barrel crude oil6.5% GDP growth and $90 per barrel crude oil
   Explanation: Goldman Sachs upgraded India's FY27 GDP growth forecast to 6.5% and revised crude oil price estimates down to $82 per barrel, citing economic resilience and easing oil prices.

2. Q2.Silver Consumer Electricals closed a pre-IPO funding round at what valuation post-issue, and what was the share price per share in this transaction?

   Rs 6,800 crore at Rs 205.05 per shareRs 6,500 crore at Rs 210 per shareRs 7,000 crore at Rs 200 per shareRs 5,800 crore at Rs 215 per share
   Explanation: Silver Consumer Electricals raised Rs 150 crore at Rs 205.05 per share, valuing the company at Rs 6,800 crore post-issue, reflecting a significant uplift from the Rs 5,800 crore pre-issue valuation.

3. Q3.What structural shift did Mahindra & Mahindra Financial Services report in FY2025-26 regarding its revenue composition?

   Alternative financial activities grew to 8.76% from 0.35%, while core credit declined to 91.24%Core credit expanded to 95%, while alternative activities remained at 0.5%Alternative activities grew to 12%, with core credit dropping to 88%Core credit and leasing remained stable at 90%, with no material change in revenue mix
   Explanation: Mahindra Finance saw alternative financial activities expand sharply to 8.76% of total turnover from 0.35% previously, while core credit and leasing moderated to 91.24%, reflecting significant revenue diversification.

4. Q4.According to the RBI's projection cited by Goldman Sachs, how many basis points of cumulative repo rate hikes are expected in 2026, and in what increments?

   50 basis points in 25-basis-point increments in October and December75 basis points in 25-basis-point increments across three months50 basis points in 50-basis-point increments in a single move100 basis points in 25-basis-point increments
   Explanation: Goldman Sachs projects the RBI will hike the repo rate by a cumulative 50 basis points in 2026, delivered in 25-basis-point increments in October and December.

5. Q5.According to the HDFC Bank governance review, what was the key finding regarding former part-time chairman Atanu Chakraborty's resignation claims?

   No irregularities were found to substantiate his claims, and his statements were not corroborated by contemporaneous recordsSignificant governance breaches were confirmed, validating all of Chakraborty's concernsThe review found partial irregularities but concluded Chakraborty's resignation was prematureChakraborty's full participation in the review process confirmed all his allegations
   Explanation: The external legal review by Wilson Sonsini Goodrich & Rosati and Wadia Ghandy & Co. found no irregularities substantiating Chakraborty's resignation claims, with his statements not corroborated by contemporaneous records, and he declined to participate in the review.

You didn't attempt this quiz.