Current Affairs - Business

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Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs

Which company Gets SEBI go-ahead for Listing of Debt Securities?

A. Tech Mahindra
B. India INX
C. Federal
D. Ashok Leyland

Answer: Option B


BSE's India International Exchange (India INX) received approval from the capital market regulator SEBI on the framework for the listing of debt securities. The move will enable Indian and foreign issuers to issue masala bonds, Eurobonds, and foreign currency bonds from India INX at International Financial Service Centre (IFSC) at Gujarat International Finance Tech (GIFT) for the first time.


This became India's sixth most valued firm with a market value of $2.74 trillion.

A. Maruti Suzuki
B. HDFC Bank
D. Hindustan

Answer: Option A


India's largest carmaker Maruti Suzuki became India's sixth most valued firm, crossing India's largest lender SBI. Maruti Suzuki's market capitalisation stood at $2.74 trillion, marginally ahead of SBI's market value of $2.71 trillion. Reliance Industries is the country's most valued company with a market value of $5.8 trillion, followed by TCS, HDFC Bank, ITC and Hindustan Unilever.


How many companies have offered to invest over 60,000 crore rupees in a special economic zone?

A. 9
B. 15
C. 12
D. 24

Answer: Option D


Union Shipping and Ports Minister Nitin Gadkari confirmed 24 companies have offered to invest over 60,000 crore rupees in a special economic zone adjoining the country's largest container port Jawaharlal Nehru Port Trust. The create employment for 1.25 to 1.50 lakh people. Narendra Modi laid the foundation for the facility in May 2014 and the government was targeting to create 1.50 lakh jobs in the facility. The works of over 2 lakh crore rupees have already started under the ambitious Sagarmala project and port-rail connectivity will alone witness an investment of 1 lakh crore rupees under the project.


This health insurance company launch the Health Wallet recently.

A. Religare Health Insurance
B. Star Health and Allied insurance
C. Apollo Munich Health Insurance
D. Max Bupa Health Insurance

Answer: Option C


Apollo Munich Health Insurance, a standalone health insurer, launched a novel health insurance plan 'Health Wallet' that caters not only to the customers' hospitalisation and OPD expenses, but also ensures affordability of continuing their policy in their golden years. Along with the 'Health Wallet' plan is a unique 'RESERVE' benefit that continues to grow and earn for the customers and helps them secure their retirement. The accumulated reserve kitty can in turn be used to pay up to 50 percent of the renewal premium, post five continuous renewals.


This company launches digital branches through Mosambee.

A. HDFC Standard Life Insurance
B. Bajaj Allianz Life Insurance
C. Max Life Insurance
D. IDBI Federal Life Insurance

Answer: Option B


Bajaj Allianz Life Insurance Company has started digital branch services through its offering 'Mosambee'. Mosambee is a handheld device that offers the services just like a mobile branch. Through Mosambee, customers can avail host of services including obtaining premium payment certificates, checking claim status, procuring account statements, locating branches and even SMS services for updating PAN and Aadhaar details.