Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs
16. 

The TRIFED has signed an MoU with which organisation for the project 'Sustainable Livelihoods For Tribal Households in India'?

A. Bill & Melinda Gates Foundation
B. The LINK Fund
C. The Giving Pledge
D. UNICEF India

Answer: Option B

Explanation:

The Tribal Co-operative Marketing Federation of India has entered into a MoU with The LINK Fund for a collaborative project titled "Sustainable Livelihoods For Tribal Households in India".

17. 

SHWAS and AROG are the two new loan products launched by which institution amid the fight against COVID-19?

A. World Bank
B. SBI
C. ADB
D. SIDBI

Answer: Option D

Explanation:

The Small Industries Development Bank of India (SIDBI, has launched two loan products for MSMEs to help them with required financial support in fight against the COVID-19 pandemic.

18. 

What is the global rank of Indian insurance major LIC in the 2021 Brand Finance Insurance 100 report, that measures the most valuable insurance brand globally?

A. 10
B. 20
C. 5
D. 15

Answer: Option A

Explanation:

The state-owned insurance behemoth LIC has emerged as the third strongest and the tenth most valuable insurance brand globally, in Brand Finance Insurance 100 report for 2021.

19. 

Which company has acquihired delivery startup DailyJoy?

A. Lenskart
B. Amazon
C. Flip kart
D. Google

Answer: Option A

Explanation:

The Delhi-based eyewear startup Lenskart, which entered the unicorn club last year has acquihired Hyderabad-based delivery startup DailyJoy with an aim to boost its technology stack and its engineering capability.

20. 

Which bank has emerged as the top arranger of corporate bond deals in 2020-21 (FY21)?

A. Kotak Mahindra Bank
B. Axis Bank
C. ICICI Bank
D. HDFC Bank

Answer: Option D

Explanation:

The HDFC Bank has emerged as the top arranger of corporate bond deals in 2020-21 (FY21). Axis Bank came in second, while ICICI Bank third.