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BUSINESS MCQs

Total Questions : 116 | Page 8 of 12 pages
Question 71.

The central government extended Rs.50 lakh insurance scheme for healthcare workers for one year. Which company will implement the scheme?

  1.    New India Assurance Company Limited
  2.    United India Insurance Company Limited
  3.    Oriental Insurance Company Limited
  4.    National Insurance Company Limited
 Discuss Question
Answer: Option A. -> New India Assurance Company Limited
After an unprecedented spike in covid-19 positive cases, the Centre extended the Rs 50 lakh insurance scheme for about 22 lakh healthcare providers for another year with immediate effect. The scheme implemented by New India Assurance was slated to end
Question 72.

The Shivalik Small Finance Bank Limited has received the license under which Section of the RBI Act to begin operating as SFB?

  1.    Section 22 (1)
  2.    Section 20 (1)
  3.    Section 21 (1)
  4.    Section 25 (1)
 Discuss Question
Answer: Option A. -> Section 22 (1)
The Shivalik Small Finance Bank Limited has received the licence from RBI under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India.
Question 73.

Who has been appointed as the managing director of Sundaram Finance Ltd?

  1.    Rajiv Lochan
  2.    Girish Kumar
  3.    Poonam Yadav
  4.    Preeti Paul
 Discuss Question
Answer: Option A. -> Rajiv Lochan
The board of Sundaram Finance has named Rajiv Lochan as the managing director with effect from April 1.
Question 74.

Aceware FinTech Services, a fintech services company launched its first neobank in which state?

  1.    Assam
  2.    TamilNadu
  3.    Kerala
  4.    Karnataka
 Discuss Question
Answer: Option C. -> Kerala
Aceware FinTech Services, a fintech services company based out of Kerala has launched the state's first neobank, Ace Money Neobank in partnership with the Yes Bank and ICICI Bank.
Question 75.

Who has signed an agreement with the JPCL to takeover the Rangit - IV Hydroelectric Project in Sikkim?

  1.    GHPC
  2.    NTPC
  3.    NHPC
  4.    MHPC
 Discuss Question
Answer: Option C. -> NHPC
The National Hydropower Corporation (NHPC) has signed a definitive agreement with Jalpower Corporation Ltd (JPCL) for taking over the 120 MW Rangit - IV Hydro Electric Project in Sikkim.
Question 76.

According to the COVID-19 and Tourism: Assessing the Economic Consequences published by UNCTAD the World Tourism sector could lose how much money?

  1.    1.2 trillion USD
  2.    2.2 trillion USD
  3.    3.2 trillion USD
  4.    4.2 trillion USD
 Discuss Question
Answer: Option A. -> 1.2 trillion USD
The United Nations Conference on Trade and Development (UNCTAD) published the report, COVID-19 and Tourism: Assessing the Economic Consequences stating that the World Tourism sector could lose around 1.2 trillion USD or 1.5% of the Global Gross Domestic Product (GDP) because of the 4 months lockdown due to global pandemic situation.
Question 77.

Which company has decided to acquire about 25% stake in India's second largest telecom company Bharti Airtel's data centre business -Nxtra Data Ltd- for $235 million?

  1.    General Electric
  2.    Wal-Mart
  3.    Carlyle Group
  4.    General Motors
 Discuss Question
Answer: Option C. -> Carlyle Group
American multinational private equity company Carlyle Group has decided to acquire about 25% stake in India's second largest telecom company Bharti Airtel's data centre business -Nxtra Data Ltd- for $235 million (about ?1,780 crore) through a company called Comfort Investments II, which is an affiliated entity of CAP V Mauritius Ltd., an investment fund managed and advised by affiliated firms of the Carlyle.
Question 78.

US based Electronic chip maker Intel's investment arm, Intel Capital will buy 0.39% stake in which indian platform for Rs 1,894.50 crore?

  1.    Tata Sky
  2.    Reliance Industries Limited
  3.    Vodafone Idea
  4.    Bharti Airtel Limited
 Discuss Question
Answer: Option B. -> Reliance Industries Limited
US based Electronic chip maker Intel's investment arm, Intel Capital to buy 0.39% stake in Reliance Industries Limited(RIL)'s Jio Platforms for Rs 1,894.50 crore. This is the 12th deal of Jio Platforms. With this investment, Jio Platforms has raised Rs 1,17,588.45 crore from global investors since April 22.
Question 79.

Edelweiss Asset Management Company, a subsidiary of Edelweiss Capital Limited has decided to bring the second installment of the Bharat Bond ETF with two new series to raise how much fund in July 2020?

  1.    Rs 14,000 crore
  2.    Rs 24,000 crore
  3.    Rs 4,000 crore
  4.    Rs 16,000 crore
 Discuss Question
Answer: Option A. -> Rs 14,000 crore
Edelweiss Asset Management Company (AMC), a subsidiary of Edelweiss Capital Limited (ECL) has decided to bring the second installment of the Bharat Bond ETF (Exchange Traded Fund) with two new series to raise Rs 14,000 crore in July 2020.
Question 80.

Which US private equity giant has agreed to acquire a 54% stake in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore?

  1.    The Blackstone Group
  2.    Kohlberg Kravis Roberts & Co.
  3.    The Carlyle Group
  4.    KKR Group
 Discuss Question
Answer: Option D. -> KKR Group
US private equity giant KKR has agreed to acquire a 54% stake(41.7 million or 4.17 crore fully paid up equity shares) in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore. KKR will make the investment through its subsidiaries, Tau Investments Holdings Pte. Ltd., Tau Holdco Pte. Ltd., and KKR Asia III Fund Investments Pte.

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