Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs
11. 

In restructuring of loan resolution frame 2.0 for individual borrowers and small businesses, the outstanding loan of these borrowers must be upto how much to avail the facility?

A. Rs 30 crore
B. Rs 15 crore
C. Rs 20 crore
D. Rs 25 crore

Answer: Option D

Explanation:

The Individual borrowers and small businesses with loan outstanding of up to Rs 25 crore, who have not taken restructuring earlier and were standard as of March 2021, will be considered for restructuring till September 30, 2021.

12. 

Mahesh Balasubramanian has been appointed as the new MD of which of these life insurance companies?

A. Kotak Mahindra Life Insurance Company
B. ICICI Prudential Life Insurance Company
C. Aditya Birla Sun Life Insurance Company
D. HDFC Standard Life Insurance Company

Answer: Option A

Explanation:

Mahesh Balasubramanian has been appointed as the Managing Director of Kotak Mahindra Life Insurance Company Limited (KLI).

13. 

The CtrlS Datacenters has collaborated with which company as a strategic technology partner to enhance their overall technology infrastructure resilience?

A. Niacl
B. IDBI Federal Life Insurance
C. LIC
D. Canara HSBC Oriental Bank of Commerce Life insurance

Answer: Option D

Explanation:

The CtrlS Datacenters has collaborated with Canara HSBC Oriental Bank of Commerce Life Insurance as a strategic technology partner to enhance their overall technology infrastructure resilience.

14. 

What is the percentage increase in sales of Electric Cars in the first quarter of 2021?

A. 100%
B. 180%
C. 150%
D. 140%

Answer: Option D

Explanation:

140 percentage increase in sales of the Electric Cars in the first quarter of 2021.

15. 

Which company has regained its position as the 3rd largest Indian IT services company by market capitalization of Rs. 2.65 trillion?

A. Tata Motors
B. TCS
C. HCL Technologies
D. Wipro

Answer: Option D

Explanation:

The Wipro regained its position as the 3rd largest Indian IT services company by market capitalization of Rs. 2.65 trillion.