Daily Quiz — 28 Jun 2026

1. Q1.According to the article on exporters' concerns with the RBI, what percentage contraction did priority sector export credit experience despite goods and services exports growing by nearly 4%?

   14%8%10%12%
   Explanation: The article explicitly states that exporters raised concerns about a 14% contraction in priority sector export credit, which is a factual data point reported directly from the meeting with RBI Governor Sanjay Malhotra.

2. Q2.As per the EY projection cited in the article on India's fiscal position, what is the expected nominal GDP growth for FY27?

   12.5%10.2%14.0%11.8%
   Explanation: The article clearly states that EY projects India's nominal GDP growth at approximately 12.5% in FY27, driven by higher inflation supplementing real growth of 6.7%.

3. Q3.According to the DBS Bank India and Deloitte study on female entrepreneurs, what percentage of female entrepreneurs use Unified Payments Interface (UPI)?

   72%84%38%65%
   Explanation: The article specifically mentions that UPI usage stands at 72% among the 1,342 female entrepreneurs studied, demonstrating strong digital payment adoption among this segment.

4. Q4.In the Persistent Systems acquisition of Nagarro SE, what premium was offered above the undisturbed closing price?

   140%100%85%120%
   Explanation: The article states that Persistent Systems launched an all-cash takeover at EUR 81 per share, which represented a 140% premium to the undisturbed closing price, making it the company's largest overseas acquisition.

5. Q5.According to the article on GIFT City, what were the banking assets at GIFT City's International Financial Services Centre as of March 2026?

   USD 111 billionUSD 95 billionUSD 127 billionUSD 85 billion
   Explanation: The article specifically states that banking assets at GIFT City's International Financial Services Centre reached USD 111 billion as of March 2026, reflecting the centre's growing role as India's international financial hub.

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