QUIZ-15

Q1. Which of the following state has recently become the first state to implement coal utilization between Power Units?

(a) Rajasthan

(b) Odisha

(c) Maharashtra

(d) Gujarat

(e) Punjab

S1. Ans.(d)
Sol. Gujarat becomes the first state to implement coal utilization between Power Units. The Gujarat government has issued a tender for power developers to receive cheap coal marked for the state in return for selling coal-based power at less than Rs 2.82 a unit.

Q2. Oxford University Press (OUP) has recently launched online dictionaries in which of the following language/languages as part of its special focus on Indian languages?

(a) Tamil

(b) Kannada

(c) Gujarati

(d) Both (a) and (c)

(e) Both (a) and (b)

S2. Ans.(d)
Sol. After the Hindi version, Oxford University Press (OUP) has launched online dictionaries in Tamil and Gujarati as part of its special focus on Indian languages.

Q3. Telangana Chief Minister has recently initiated a Rs. 2,000-crore project to modernize the Sriram Sagar project. This project is built on which River?

(a) Krishna River

(b) Kaveri River

(c) Godavari River

(d) Tungabhadra River

(e) Penna River

S3. Ans.(c)
Sol. In an effort to modernize the Sriram Sagar project and increase the area served, Telangana Chief Minister K. Chandrasekhar Rao initiated a Rs. The 2,000-crore project that seeks to modernize the project. This project on the Godavari River has the potential to serve several districts in the state.

Q4. Flipkart has recently announced an investment, the world’s largest technology-focused investment fund from SoftBank Vision Fund. Who is the present CEO of Flipkart?

(a) Jeff Bezos

(b) Kalyan Krishnamurthy

(c) BinnyBansal

(d) Sachin Bansal

(e) R Venkatesan

S4. Ans.(b)
Sol. Flipkart has recently announced an investment, the world’s largest technology-focused investment fund from SoftBank Vision Fund. The present CEO of Flipkart is Kalyan Krishnamurthy.

Q5. The country’s largest commodity exchange, MCX Ltd has received capital markets regulator Securities and Exchange Board of India’s (SEBI) approval to launch options trading in gold. What does 'C' stand for in MCX?

(a) Commodity

(b) Culture

(c) Common

(d) Company

(e) Closed

S5. Ans.(a)
Sol. The Multi Commodity Exchange Ltd (MCX), the country’s largest commodity exchange has received capital markets regulator Securities and Exchange Board of India’s (SEBI) approval to launch options trading in gold.

Q6. Name the javelin throw player who has become the first Indian to qualify for the final round of the javelin throw World Championships.

(a) Neeraj Chopra

(b) DevendraJhajharia

(c) Annu Rani

(d) Deepa Malik

(e) Davinder Singh Kang

S6. Ans.(e)
Sol. Davinder Singh Kang has become the first Indian to qualify for the final round of the javelin throw World Championships while his compatriot Neeraj Chopra crashed out in the qualification round.

Q7. Which of the following state government has recently launched a new awareness drive called Namami Gange Jagriti Yatra?

(a) Uttarakhand

(b) Bihar

(c) Jharkhand

(d) Uttar Pradesh

(e) West Bengal

S7. Ans.(d)
Sol. Uttar Pradesh Government has launched a new awareness drive called NamamiGangeJagritiYatra. The drive will be focusing on cleanliness along the banks of Ganga river and maintain hygiene.

Q8. Facebook has recently rolled out a redesigned video platform for creators and publishers. What is the name of this video Platform?

(a) Zoom it

(b) Watch

(c) Iceberg

(d) Live Now

(e) Play it

S8. Ans.(b)
Sol. In an apparent bid to take on Google-owned YouTube, Facebook has rolled out 'Watch', a redesigned video platform for creators and publishers. Watch is a platform for all creators and publishers to find an audience, build a community of passionate fans, and earn money for their work.

Q9. According to the Reserve Bank of India (RBI), what is the amount it will play as the dividend to the government for the year ended June 30?

(a) Rs 40,700 crore

(b) Rs 50,634 crore

(c) Rs 30,659 crore

(d) Rs 65,567 crore

(e) Rs 55,456 crore

S9. Ans.(c)
Sol. According to the Reserve Bank of India (RBI), it will pay Rs 30,659 crore dividend to the government for the year ended June 30, less than half of what it paid in 2016. The central bank had in the previous year paid Rs 65,876 crore dividend to the government.

Q10. The Lok Sabha passed a bill that approved the merger of associate banks with the SBI with the government. SBI was established in ____________.

(a) 1955

(b) 1949

(c) 1934

(d) 1920

(e) 1945

S10. Ans.(a)
Sol. The LokSabha passed a bill that approved the merger of associate banks with the SBI with the government. The LokSabha passed the bill to repeal the SBI (Subsidiary Banks) Act 1959, State Bank of Hyderabad Act 1956 and to further amend the State Bank of India Act, 1955, following the merger of five associates with the parent SBI. SBI was established on 1st July 1955.

Q11. In which of the following UTs the National Green Tribunal (NGT) imposed an interim ban on the use of non-biodegradable plastic bags which are less than 50 microns?

(a) Chandigarh

(b) Dadra and Nagar Haveli

(c) Daman and Diu

(d) Delhi

(e) Puducherry

S11. Ans.(d)
Sol. The National Green Tribunal (NGT) imposed an interim ban on use of non-biodegradable plastic bags which are less than 50 microns in the entire national capital. A bench headed by NGT chairperson Justice Swatanter Kumar also announced an environment compensation of Rs5,000 on anyone found in possession of such banned plastic.

Q12. Which of the following bank has recently introduced biometric attendance in the place of the existing system of signing attendance in the attendance register?

(a) State Bank of India

(b) Union Bank of India

(c) Allahabad Bank

(d) UCO Bank

(e) Punjab National Bank

S12. Ans.(e)
Sol. Punjab National Bank (PNB) has introduced biometric attendance in the place of the existing system of signing attendance in the attendance register. The new system of marking attendance will be implemented in branches/offices with immediate effect.

Q13. Who is the current speaker of LokSabha?

(a) Meira Kumar

(b) Sumitra Mahajan

(c) Kapil Sibal

(d) Somnath Chatterjee

(e) Manohar Joshi

S13. Ans.(b)
Sol. The current speaker is Sumitra Mahajan of the Bharatiya Janata Party, who is presiding over the 16th LokSabha. She is the second woman to hold the office, after her immediate predecessor Meira Kumar.

Q14. Sunil Mehta is the present MD & CEO of which of the following Bank?

(a) Bank of Baroda

(b) Axis Bank

(c) Punjab National Bank

(d) EXIM Bank

(e) AIIB

S14. Ans.(c)
Sol. Sunil Mehta is the MD & CEO of PNB. The Headquarter of PNB is in New Delhi.

Q15. Who is the Present Chairperson of National Green Tribunal (NGT)?

(a) Justice AnityaSen

(b) Justice Swatanter Kumar

(c) Justice Amar Chauhan

(d) Justice Vijay Kumar

(e) Justice Narendra Kumar

S15. Ans.(b)
Sol. Justice Swatanter Kumar is the Present Chairperson of National Green Tribunal (NGT).

Banking Awareness

Q1. PFRDA is responsible for the appointment of which of the following agency?
(a) Pension Fund Managers
(b) Custodian
(c) NPS Trustee Bank
(d) Central Record Keeping Agency (CRA)
(e) All of the above

S1. Ans.(e)
Sol. PFRDA is responsible for the appointment of various intermediate agencies such as Central Record Keeping Agency (CRA), Pension Fund Managers, Custodian, NPS Trustee Bank, etc.

Q2. Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
(a) GOI
(b) RBI
(c) Ministry of Commerce
(d) Ministry of Finance
(e) SEBI

S2. Ans.(d)
Sol. Pension Fund Regulatory and Development Authority (PFRDA) is authorized by Ministry of Finance, Department of Financial Services.

Q3. The headquarters of Pension Fund Regulatory and Development Authority (PFRDA) is-
(a) Mumbai
(b) Hyderabad
(c) New Delhi
(d) Bangalore
(e) Kolkata

S3. Ans.(c)
Sol. The headquarters of Pension Fund Regulatory and Development Authority (PFRDA) is New Delhi.

Q4. Which of the following is an investment strategy in which a fund invests in other types of funds?
(a) Bond
(b) Securities
(c) Stock
(d) Funds of Fund
(e) None of the given options is true

S4. Ans.(d)
Sol. Funds of Fund is an investment strategy in which a fund invests in other types of funds.

Q5. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by ____________  as its wholly owned subsidiary.
(a) NABARD
(b) RBI
(c) SBI
(d) SIDBI
(e) SEBI

S5. Ans.(b)
Sol. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly owned subsidiary on 3rd February 1995 with a view to augmenting the production of bank notes in India to enable the RBI to bridge the gap between the supply and demand for bank notes in the country.

Q6. In which of the following types of banking, there is a direct execution of transaction between a bank and its consumers?
(a) Retail Banking
(b) Universal Banking
(c) Virtual Banking
(d) Unit Banking
(e) None of the given options is true

S6. Ans.(a)

Sol. Retail banking also known as Consumer Banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks. Services offered include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards.

Q7. Maximum loan amount to individuals against physical security shares can be _____
(a) 20 lakh
(b) 15 lakh
(c) 25 lakh
(d) 50 lakh
(e) 10 lakh

S7. Ans.(e)
Sol. Loans/ advances granted to individuals against the security of shares, debentures and PSU bonds should not exceed Rs.10 lakh and Rs.20 lakh, if the securities are held in physical form and dematerialized form respectively.

Q8. The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth is known as:
(a) Economic Policy
(b) Monetary Policy
(c) Fiscal Policy
(d) Credit Policy
(e) Budgetary Policy

S8. Ans.(b)
Sol. Monetary Policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth. In India, the central monetary authority is the Reserve Bank of India (RBI). is so designed as to maintain the price stability in the economy.

Q9. Loans granted by a bank to an exporter popularly known as ‘Export credit’ is guaranteed, in case of default by which of the following-
(a) EXIM Bank
(b) Ministry of International Trade, GOA
(c) ECGC
(d) DICGC
(e) None of the given options is true

S9. Ans.(c)
Sol. ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by the Government of India based in Mumbai, Maharashtra. It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.

Q10. Who amongst the following is the regulator in the financial system of the country?
(a) OIC
(b) SEBI
(c) CRISIL
(d) TRAN
(e) CERC

S10. Ans.(b)
Sol. The financial system in India is regulated by independent regulators in the field of banking, insurance, capital market, commodities market, and pension funds. Example of Financial Regulators: RBI, IRDAI, SEBI, PFRDA.

Q11. According to the Income Tax act of 1961, the age of Super senior Citizens should be-
(a) 60 years
(b) 70 years
(c) 80 years
(d) 75 years
(e) 65 years

S11. Ans.(c)
Sol. According to the Income Tax act of 1961, the age of Super senior Citizens is 80 years.

Q12. Part of company’s earning or profit which is paid out to share holders is known as _______
(a) Premium
(b) Dividend
(c) Bonus
(d) Sum Assured
(e) Return

S12. Ans.(b)
Sol. A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. When a corporation earns a profit or surplus, it can re-invest it in the business (called retained earnings) and pay a fraction of the profit as a dividend to shareholders.

Q13. Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both?
(a) Balance of Payments
(b) Value of the food grain stock of a country
(c) Gross National Product
(d) Gross National Income (GNI)
(e) Total collection of Direct Taxes in a year

S13. Ans.(a)
Sol. A Balance of payments statement is a summary of a nation’s total economic transactions undertaken on international account. It is usually composed of two sections:-
1. Current Account
2. Capital Account

Q14. When there is a difference between all receipts and expenditure of the Government of India both capital and revenue it is called-
(a) Revenue Deficit
(b) Budgetary Deficit
(c) Zero Budgeting
(d) Trade Gap
(e) Balance of Payment Problem

S14. Ans.(b)
Sol. Budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government. If revenue expenses of the government exceed revenue receipts, it results in revenue account deficit. Similarly, if the capital disbursements of the government exceed capital receipts, it leads to capital account deficit. Budgetary deficit is usually expressed as a percentage of GDP.

Q15. Sukanya Samriddhi Account can be opened up to age of ________ years only from the date of birth.
(a) Five years
(b) Four years
(c) Six years
(d) Eight years
(e) Ten years

S15. Ans.(e)

Sol. Sukanya Samriddhi Account can be opened up to age of 10 years only from the date of birth.

Daily GK Update 14th August 2017

Have you attempted the Current affairs Quiz of 13th August!! Do it Now

1. Make in India Seminar Held in New Delhi

i. As a step in this direction, second Seminar on ‘MAKE’ projects for Indian Army was held on 12 Aug 17 at India Habitat Centre, New Delhi jointly under aegis of Indian Army and Confederation of Indian Industry (Cll).
ii. During the course of the seminar, a round table interaction of various Directorates of Integrated Headquarters of MoD (Army) with industry reps was also held at the same venue.

Important Takeaways from Above News-

• The Make in India initiative was launched by Prime Minister in September 2014.
• A similar seminar was held in Aug 16, 2016 to acquaint the industry of MAKE projects as approved in 2016 by MoD.

2. ‘Fete de Puducherry’ Begins

i. A three-day annual cultural festival named ‘Fete de Puducherry’ organised by the government of India begins in Puducherry. The festival is held in association with the South Zone Cultural Centre (Tamil Nadu) every year to bring to focus the multi-faceted cultural features of various states.
ii. The Puducherry government has been holding the festival since 1985 as part of celebrating Independence Day and also Liberation Day of Puducherry (August 16). 

Important Takeaways from Above News-

• The union territory in a referendum in October 1954 favoured liberation of Puducherry and its constituent regions from French regime, paving the way for the merger of Puducherry with Indian Union. 
• The de facto merger took place in 1954 followed by de jure transfer of power on August 16, 1962.
• Kiran Bedi is the Governor of Puducherry.

3. India's First Online Course on Infusion Therapy Launched

i. Infusion Nurses Society (INS), a global authority in infusion therapy launched India's first online course on Infusion Therapy for nurses. Under this, it aims to train over 3,000 nurses in the vital medical procedure.

ii. As per the INS, due to the reach and ease of the digital platform, the course will enable members to access the various infusion therapy modules and presentations through its website. 

Important Takeaways from Above News-

• Infusion therapy deals with all aspects of fluid and medication infusion, via intravenous or subcutaneous application.

4. Odisha Government and Facebook Launches 'SheMeansBusiness' Program

i. Chief minister Naveen Patnaik launched 'She Means Business' program of Facebook for women entrepreneurs in Odisha. Under the scheme 25, 000 women entrepreneurs and self-help group (SHG) members will be given training on digital marketing skills within next one year.

ii. Facebook will also make a database of entrepreneurs in the state and will monitor their growth, turnover and profit after one year.

Important Takeaways from Above News-

• Naveen Patnaik is the CM of Odisha.
• S C Jamir is the Governor of Odisha.

5. Maharashtra Government Launches 'Namo Yuva Rojgar Kendra'

i. Maharashtra Chief Minister Devendra Fadnavis launched Namo Yuva Rojgar Kendra an initiative providing job opportunities to unemployed youth in Mumbai. There are various schemes like farmers weekly market, farmers mobile market and mother’s Tiffin, under this Yuva Rojgar Kendra.

ii. These products will be made available with the help of mobile vans all over Mumbai and the information about the location of the vans is made available through an app. This app was also launched by the Chief Minister.

Important Takeaways from Above News-

• C. Vidyasagar Rao is the Current Governor of Maharashtra.

6. India-ASEAN Youth Summit Begins in Bhopal

i. The India-ASEAN Youth Summit begins in Bhopal. The event is being organised by Foreign Ministry, Madhya Pradesh government and India Foundation. Minister of State for External Affairs General VK Singh (in picture), and Madhya Pradesh CM Shivraj Singh Chouhan inaugurated the five day Summit.

ii. The exercise will mark the 25th anniversary of the ASEAN-India dialogue partnership in the ongoing year and also the commemorative year’s theme of “Shared Values, Common Destiny”.

Important Takeaways from Above News-

• Madhya Pradesh has been chosen for this event as the Sanchi stupa strengthens the state’s cultural affiliation with the ASEAN countries.

7. Indian Coast Guard Ship ‘Shaurya’ Commissioned

i. Indian Coast Guard ship 'Shaurya', the fifth in the series of six 105-metre Offshore Patrol Vessels (OPVs), was commissioned in Goa by Union Minister for Petroleum and Natural Gas Dharmendra Pradhan.

ii. The OPV, which draws 2,350 tonne and is propelled by 9100 kilowatt diesel engine, has been designed and built indigenously by Goa Shipyard Ltd and is fitted with state-of-the-art navigation and communication equipment, sensors and machineries.

Important Takeaways from Above News-

• Director General of Indian Coast Guard is Rajendra Singh.

8. Ministry of Culture Organizes 'Sankalp Se Siddhi Program' in Coimbatore

i. To take forward the initiative of Prime Minister Narendra Modi for a New India movement from 2017-2022, a  Sankalp Se Siddhi  (Attainment through Resolve)  Program was organized at Coimbatore.

ii. Minister of State for Culture and Tourism (Independent Charge), Dr. Mahesh Sharma graced the occasion. The New India Movement 2017-2022 envisages an India free of Poverty, Corruption, Terrorism, Communalism, Casteism and Un-cleanliness.

Important Takeaways from Above News-

• PM Modi in his recent Mann Ki Baat program had called for launching the mega campaign Sankalp Se Siddhi.

9. Hindustan Unilever, Asian Paints in Forbes' top 10 Innovative Firms List

i. Three Indian firms, Hindustan Unilever, Asian Paints and Bharti Airtel are among Forbes' list of the world's 100 most innovative companies, where Salesforce.Com has replaced Tesla Motors on the top position.

ii. While HUL and Asian Paints have moved up in their ranks to seventh and eighth respectively (from 31st and 18th last year), Bharti Airtel has entered the ranking at 78th position.

Important Takeaways from Above News-

• Forbes is an American business magazine and was founded in 1917. 
• The headquarter of Forbes is in New York City, USA.

10.  UN Declares Somalia Free of Polio

i. The World Health Organisation (WHO) declared Somalia free of polio. The UN health agency announced that it had not recorded any case of polio disease in Somalia in the last three years.

ii. The declaration by WHO keeps Somalia outside the last group of countries which still record cases of polio in the world. Afghanistan, Nigeria, and Pakistan are the remaining countries where polio is still being recorded.

Important Takeaways from Above News-

• The disease was first recognized as a distinct condition by Michael Underwood in 1789 and the virus that causes it was first identified in 1908 by Karl Landsteiner.
• Headquarter of WHO is in Geneva, Switzerland.

11. Environment Minister Launches ‘Gaj Yatra’ to Mark World Elephant Day 2017

i. Union Environment, Forest and Climate Change Minister, Dr. Harsh Vardhan, launched ‘Gaj Yatra’ in Karnataka, a nationwide campaign to protect elephants on the occasion of World Elephant Day (12 August). The campaign is planned to cover 12 elephant range states.

ii. The Environment Minister released the All India Census 2017 Report on elephants. The ‘Gaju’ mascot, which was released by the Ministry in 2012, will be helm the campaign. The campaign will be led by the Wildlife Trust of India. Actor and wildlife enthusiast, Ms. Dia Mirza, participated in the walk and run event organized on the occasion. 

12. Prasar Bharati Chief Vempati Given Additional Charge of Rajya Sabha

i. Shashi Shekhar Vempati, Chief Executive Officer (CEO) at public broadcaster Prasar Bharati has been appointed as the chief of Rajya Sabha TV.

ii. Rajya Sabha TV is owned and operated by Rajya Sabha and covers the proceedings of the upper house of the Parliament. Vempati will replace Gurdeep Singh Sappal who has been serving as the CEO and editor-in-chief of Rajya Sabha TV since 2011.

Important Takeaways From Above News-

• Rajya Sabha TV was founded in 2008.
• Prasar Bharati runs Doordarshan television and All India Radio.

13. S. Aparna Appointed Executive Director, World Bank

i. S. Aparna, an IAS officer from Gujarat cadre has been appointed as Executive Director, World Bank to represent the constituency of India, Bangladesh, Bhutan and Sri Lanka for three years.

ii. A 1988-batch IAS, she is currently Principal Secretary to Gujarat Chief Minister Vijay Rupani. At the World Bank, she will replace Subhash Garg, who was recently appointed Economic Affairs Secretary, Ministry of Finance.

Important Takeaways from Above News-

• The World Bank is headquartered in Washington D.C.
• It was Founded in 1944.
• Jim Yong Kim is the President of The World Bank.

14. T J S George Bags First-Ever Kesari Media Award

i. Veteran journalist T J S George has been chosen for the first Kesari Media Award, instituted by the Kesari Memorial Journalist Trust.

ii. The award comprises a purse of Rs 50,000, citation and a statuette designed by renowned artist Bhatathiri.

Important Takeaways from Above News-

• TJS George, is a writer and biographer who received a Padma Bhushan award in 2011 in the field of literature and education..

15. Gabriel Chundan Lifts 65th Nehru Trophy

i. Gabriel Chundan won the 65th edition of the prestigious Nehru Trophy (Boat Race) held at the Punnamda Lake in Kerala.
ii. While 'Mahadevikkad Kattilthekkethil' came second, 'Payippad' and 'Karichal', last year's winner, secured the third and fourth spots respectively.

Important Takeaways from Above News-

• The Nehru trophy was instituted to commemorate the visit of the first Indian Prime Minister Jawaharlal Nehru to the area and his boat ride in the lake.

16. Legendary Sprinter Usain Bolt Retires

i. The greatest sprinter of modern times, Usain Bolt form Jamaica retired from the Athletics world. But at farewell Race, he injured himself while running the last lap of the men's 4x100m relay race in the World Athletics Championships in London.

ii. Running the final race of his career, the 30-year-old Bolt, after taking the baton from his Jamaican teammate Yohan Blake, suffered cramps on his left hamstring.

Important Takeaways from Above News-

• Usain Bolt only non-drug offender in 30 fastest ever 100m sprints. 

17. Mairaj-Rashmmi Pair Bags Gold at Asian Shotgun Championship

i. On the concluding day of the 7th Asian Championship Shotgun in Astana, India bagged a gold medal in the skeet mixed team event.
ii. The Indian duo of Mairaj Ahmad Khan and Rashmi Rathore won over the Chinese pair of Liu Jiangchi and Gao Jianmei.

iii. India finished the championship with a total of eight medals.

Important Takeaways from Above News-

• Astana is the Capital of Kazakhstan.
• Ankur Mittal had earlier won a gold in the men's double trap.
• Kynan Chenai won a bronze in the men's trap.
• Maheshwari Chauhan clinched a bronze in the women's skeet.

20-20 GA Capsule Quiz 4 (Business News)

1. Which acquired the Silicon Valley-based startup Reduce Data, a programmatic display advertising platform?

Answer. Snapdeal

2. Which company has signed deal with Kesoram Industries Ltd (KIL) to acquire 100 per cent equity in Cavendish Industries Ltd (CIL)?
Answer. JK Tyre & Industries (JK Tyre) and JK Asia Pacific Singapore Ltd

3. FreeCharge has partnered with which bank to launch its wallets space?

Answer. Yes Bank

4. What is the changed brand name of Uninor?

Answer. Telenor India Communications Pvt. Ltd.

5. Facebook announced its partnerships with Internet Service Providers in India to launch wi-fi enabled broadband services in rural areas.What is the name given to this service?

Answer. Wi-Fi Express

6. Reliance Defence signed a strategic Memorandum of Understanding (MOU) with which company to boost partnership between both countries for manufacturing, knowledge transfer, services and technology development?

Answer. Emirates Defence Industries Company (EDIC)

7. Name the Sri Lankan firm which is acquired by Thomas Cook (India) Ltd?

Answer. Luxe Asia Pvt. Ltd

8. Name the company which is acquired by Airtel for mobile payment solutions?

Answer. YTS

9. Which company buys Deutsche Bank’s mutual fund business in India?

Answer. Pramerica Asset Managers Pvt Ltd

10. Name the company who has signed Sourav Ganguly for 3-years as social ambassador? 

Answer. Coca Cola

11. Which Indian firm acquired majority stake in UK-based Avocet Sports?

Answer. World’s largest bicycle manufacturer Hero Cycles

12. Uber Cabs has tied-up with which company to set up WiFi hotspots in each of its cabs?

Answer. Bharti Airtel

13. Bharti Realty tied-up with which group of company to develop housing project?

Answer. Eros Group

14. What is the name of the parent company of Google Inc which will encompass its search engine unit and all other subsidiaries?

Answer. Alphabet Inc

15. Which online firm introduced cashless payments in educational institutions, which will enable users to pay school fees and dues, cafeteria bill, buy uniforms, books and merchandise?

Answer. Paytm

16. YouTube announced its partnership with which institute to set up “YouTube Space” in Mumbai?

Answer. Whistling Woods

17. Which Indian firm bought a 15 per cent stake in Russia’s second-largest oil field Vankor from Rosneft located in East Siberia?

Answer. Oil and Natural Gas Corporation (ONGC)

18. Rajesh Exports acquired which Switzerland-based world’s largest gold refinery?

Answer. European Gold Refineries, the 100 per cent holding company of Valcambi

19. Reliance Group has signed an MOU with which company to manufacture Aerostats and Airships?

Answer. Augur Overseas Operation

20. Infosys signed Multi-Million Euro Deal with which bank to provide services like application maintenance, package implementation and testing services?

Answer. Deutsche Bank