Q1. RBI has issued a circular regarding charging for SMS alerts to the customers by commercial banks. This is expected to reduce their earnings from this fees. Typically what were the banks charging for SMS alerts per quarter.?

Ans. Rs 15-Rs 18

Q2. Although Maruti Suzuki has 6 in the top 10 selling models in India in June 2026, the top 2 selling models by volume are not Maruti’s . Which co’s ?

Ans. Tata Motors

Q3. Aviva life insurance has decided to acquire 100 % in its Indian subsidiary after govt has allowed 100 % foreign ownership in Life Insurance Cos..Who is the Indian partner of Aviva ?

Ans. Dabur

Q4. Meta has decided to not rollout its Username feature on Whatsapp in India . Why ?

Ans. Objections by the Indian govt over misuse

Q5. SBI Funds Management is coming out with a large public issue next week. Apart from SBI who is the joint venture partner participating in this issue ?

Ans. Amundi

Q6. Which Indian company is test marketing a Coco Nut Cola , a premium sugar-free beverage with real coconut water ?

Ans. ITC under its B natural brand

Q7. Shapoorji Pallonji Group is currently raising a debt of the order of Rs 25,500 crore at a coupon rate of 18.95 % , which is way higher than the current interest rates. Why are the institutional buyers demanding such a high rate ?

Ans. The collateral for the bonds is the 18 % odd stake in Tata Sons which the SP Group owns. This stake is not tradeable because Tata Sons is still private and there is a possibility that Tata Sons will go public if forced by RBI, but the management is trying to avoid. There is a huge enforcement risk on the collateral that is why the coupon rates are high.


Compiled by

G.Mohan Twitter IndiaBusinessQuiz@go_mohan