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BUSINESS MCQs

Total Questions : 116 | Page 9 of 12 pages
Question 81.

Which company will close its physical store locations permanently?

  1.    IBM
  2.    Microsoft
  3.    Apple
  4.    Google
 Discuss Question
Answer: Option B. -> Microsoft
Microsoft Corp said it will close its physical store locations permanently but will continue to invest in a digital storefront that, along with third-party retailers, has driven sales of products such as the Xbox game player and Surface tablets.
Question 82.

The CCEA has approved additional investment of how much by ONGC Videsh Ltd towards further development of blocks A-1 and A-3 Blocks of Shwe oil & gas project in Myanmar?

  1.    US$ 100.27 million
  2.    US$ 156.27 million
  3.    US$ 121.27 million
  4.    US$ 234.27 million
 Discuss Question
Answer: Option C. -> US$ 121.27 million
The CCEA has approved additional investment of US$ 121.27 million (about Rs.909 crore) by ONGC Videsh Ltd (OVL) towards further development of blocks A-1 and A-3 Blocks of Shwe oil & gas project in Myanmar. OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), had picked up a stake in the Shwe Project in Myanmar in 2002, as part of a consortium of companies from South Korea, India and Myanmar. The firm has invested USD 722 million in the project till March 31, 2019.
Question 83.

Which company will acquire Zoox, a self-driving startup founded in 2014?

  1.    Google
  2.    Uber
  3.    Flipkart
  4.    Amazon
 Discuss Question
Answer: Option D. -> Amazon
Amazon announced that it will acquire Zoox, a self-driving startup founded in 2014 that has raised nearly $1 billion in funding and which aims to develop autonomous driving technology, including vehicles, for the purposes of providing a full-stack solution for ride-hailing.
Question 84.

Which company has signed an agreement to acquire the 49% of stake in Odisha Power Generation Corporation?

  1.    Eveready Industries India
  2.    Ballarpur Industries Limited
  3.    Adani Power Ltd
  4.    Aditya Birla Group
 Discuss Question
Answer: Option C. -> Adani Power Ltd
Adani Power Ltd (APL) has signed an agreement to acquire the 49% of stake(a total of 89,30,237 equity shares) in Odisha Power Generation Corporation(OPGC) from the affiliates of the US-based global energy company, AES Corporation(AES) for USD 135 million (around Rs 1,019 crore). The remaining 51% stake in OPGC is held by the Government of Odisha.
Question 85.

Which company in partnership with US Gold Currency Inc and Blockfills introduced the world's first monetary gold-backed US Gold digital currency in India, Gulf Cooperation Council, Middle East and Africa?

  1.    IBMC Financial Professionals Group
  2.    Visionary Related Entertainment
  3.    Rockwell Collins
  4.    Marriott International
 Discuss Question
Answer: Option A. -> IBMC Financial Professionals Group
IBMC Financial Professionals Group in partnership with US Gold Currency Inc and Blockfills introduced the world's first monetary gold-backed US Gold digital currency in India, Gulf Cooperation Council (GCC), Middle East and Africa. It was launched from Dubai, United Arab Emirates (UAE) at a specially designed IBMC Hybrid Event in the virtual presence of officials from the US Gold Currency, Asia-Africa Development Council, GSEF and Blockfills USA. Each US Gold digital currency is backed by a US American Eagle one ounce (33.931 gram) gold coin, minted by the US Federal Agency, US Mint.
Question 86.

Which of the following is planning to invest in technology start-ups in India?

  1.    Google Alphabet
  2.    Facebook
  3.    Apple
  4.    Intel Corp
 Discuss Question
Answer: Option B. -> Facebook
Facebook is planning to invest in technology start-ups. The minority investment in a company called Meesho, its first investment globally. The second edition of Huddle Kerala 2019 one of Asia's largest congregations on start-up ecosystem organized by Kerala Startup Mission (KSUM), Ajit Mohan, vice president and managing director, India Facebook announced the first minority investment that it has done anywhere in the world in a company called Meesho.
Question 87.

Which Indian company tops in the Forbes' World's best 'regarded' companies list 2019?

  1.    Larsen & Toubro
  2.    TCS
  3.    Infosys
  4.    Tata Motors
 Discuss Question
Answer: Option C. -> Infosys
Nearly 17 Indian companies were listed in the Forbes World's best 'regarded' companies list 2019. The company which topped among other Indian firms is Infosys which ranked third in the overall list. The first and second place were held by global payments technology company Visa and Italian car-maker Ferrari respectively. Infosys which tops among the Indian companies, was ranked at 31st position in 2018. Whereas Tata Consultancy Services(TCS) ranking 22nd and Tata Motors ranking (31) featured among the top 50 in the coveted list. Other Indian companies which were ranked in the list were Tata Steel at 105th rank, Larsen & Toubro- 115th rank, Mahindra & Mahindra- 117th rank , HDFC-135th, Bajaj Finserv- 143th, Piramal Enterprises-149th, Steel Authority of India Ltd (SAIL)- 153th,Hindustan Computers Limited( HCL) Technologies-155th, Hindalco Industries-157th, Wipro-168th, HDFC Bank- 204th, Sun Pharma Industries- 217th, General Insurance Corporation Of India(GIC)-224th, Imperial Tobacco Company of India Limited (ITC)-231st and Asian Paints at 248th rank.
Question 88.

Who organised the National Level Seminar on Anti Drone Technology at New Delhi on 26 September 2019?

  1.    Central Bureau of Investigation
  2.    National Investigation Agency
  3.    Bureau of Police Research and Development
  4.    National Institute of Criminology and Forensic Science
 Discuss Question
Answer: Option C. -> Bureau of Police Research and Development
The Bureau of Police Research & Development (BPR&D) organized a National Level Seminar cum Exhibition on Anti-Drone Technology at BPR&D, New Delhi on 26 September 2019. BPR&D demonstrated on 27 September 2019 at BSF Campus, Bhondsi, Haryana. It ensures that Police officers from all States, Union Territories (UTs), Central Armed Police Forces (CAPFs), Central Police Organisation (CPO) have updated information about Anti- Drone Technology. It will also ensure to explore the best comprehensive and compatible solution to control rogue drones.
Question 89.

Airtel Payments Bank partners with which of the Insurance company to offer unique Mosquito Diseases Protection Policy (MDPP) to protect against mosquito-borne diseases?

  1.    ICICI Lombard
  2.    HDFC ERGO
  3.    Royal Sundaram General Insurance
  4.    Apollo Munich Health Insurance
 Discuss Question
Answer: Option B. -> HDFC ERGO
Airtel Payments Bank has joined hands with India's leading private sector general insurance company, HDFC ERGO General Insurance Company to offer unique Mosquito Diseases Protection Policy (MDPP) to protect against mosquito-borne diseases. Mosquito Disease Protection Policy offers cover against seven common mosquito-borne diseases - Dengue, Malaria, Chikungunya, Japanese Encephalitis, Kala-azar, Lymphatic Filariasis (Elephantiasis) and Zika virus. The product, which is a part of the 'Wallet Insurance Portfolio' of HDFC ERGO, will be offered to the remittance customers of Airtel Payments Bank at a nominal cost of Rs 99 per annum.
Question 90.

Which of the following topped in the WPP-Kantar BrandZ Top 75 Most Valuable Indian Brands?

  1.    ICICI Bank
  2.    HDFC Bank
  3.    LIC
  4.    State Bank of India
 Discuss Question
Answer: Option B. -> HDFC Bank
HDFC Bank topped the WPP-Kantar BrandZ Top 75 Most Valuable Indian Brands ranking for the sixth time in a row. BFSI brands have dominated the top 10 ranking list this year. According to the report, banking brands made up the largest share of the BrandZ Top 75 and owned 23% of the total brand value of $53.3 billion. Life Insurance Corporation of India and State Bank of India retained their positions in the ranking at No. 2 and No. 5, respectively.

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