Current Affairs - Business

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Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs

Ashwani Lohani has been reappointed as the Chairman and Managing Director (CMD) of which of the following company?

A. AirAsia
B. Spicejet
C. Air India
D. Emirates

Answer: Option C


Ashwani Lohani, former chairman of Railway Board, has been reappointed as the Chairman and Managing Director (CMD) of Air India for the second time after his previous tenure from August 2015 to August 2017. He will assume office from 14th February 2019, replacing Pradeep Singh Kharola, who is appointed as the new Secretary, Ministry of Civil Aviation.


Who signed a loan agreement for Rs 5,000 crore with State Bank of India?

A. NTPC Limited

Answer: Option A


State-owned power giant NTPC has announced that it has signed a term loan agreement for Rs 5,000 crore with State Bank of India. The loan facility is extended at an interest rate linked to 3-Month MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC.


Which Bank won the Aegis Graham Bell Award 2018 in 'Innovation in Data Science' category?

B. Kotak Mahindra Bank
C. IDBI Bank
D. Yes Bank

Answer: Option D


Aegis Graham Bell Award 2018 announced Yes Bank as the winner in 'Innovation in Data Science' category for their industry-first project 'Yes EEE (Engage Enrich Excel)' at Panaji, Goa. It was hosted by the Government of Goa. Aegis Graham Bell Awards (AGBA) Promotes innovations and entrepreneurship in the Information and Communication Technology (ICT) domain.


Which project has been launched by Union Government to study Apparel Consumption in India? (Marks: 0)

A. India Measure
B. India Size
C. India Apparel
D. India Outfit

Answer: Option B


In Mumbai, the India Size project has recently launched by the Union Minister of Textiles Smriti Irani. It's a first-of-its-kind project in the history of the country, which aims to arrive at a standard Indian Size for the ready-to-wear clothing industry, on the lines of the standardized sizes available in countries such as the USA, the UK and Mexican. A size chart that is specific to Indian consumers' measurements will be developed. The project is being undertaken by the Ministry of Textiles, in collaboration with The Clothing Manufacturers Association of India (CMAI). The Minister also launched a Study of Apparel Consumption in India. The report of this study would be ready for release by July 2019.


Which company received the Aegis Graham Bell Award 2019 under Innovation in Data Science, in Panaji, Goa, on 4th February 2019?

A. Cando Automation
B. Uniphore Software Systems
C. BlueChip Technological Solutions
D. Ubisoft Technologies

Answer: Option B


On February 4, 2019, 9th edition of Aegis Graham Bell Award was held in Panaji Goa. Uniphore Software Systems received the Aegis Graham Bell Award under Innovation in Data Science for its flagship product auMina.