Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs
46. 

Which company sells Global Village Tech Park for 2,800 cr to Blackstone?

A. Larsen and Tourbo
B. Coffee Day
C. Ashok Leyland
D. Reliance Industries

Answer: Option B

Explanation:

Coffee Day Enterprises Ltd (CDEL) closed the deal to sell the Global Village Technology Park in Bengaluru to New York-based private equity giant Blackstone Group Llp. CDEL owns Coffee Day Global Ltd (coffee business), Sical Logistics Ltd (integrated logistics), Tanglin Developments Ltd ,Way2Wealth (financial services), and Coffee Day Hotels and Resorts Ltd (hospitality)obligations of at least ₹7,653 crore.

47. 

Who receives 45,000 crore orders for 83 LCA fighters?

A. Boeing India
B. BrahMos Aerospace
C. Hindustan Aeronautics Limited
D. Bharat Dynamics

Answer: Option C

Explanation:

The Indian Air Force (IAF) to place orders worth around ₹45,000 crore with the Hindustan Aeronautics Limited (HAL) to acquire 83 Light Combat Aircraft (LCA) Tejas fighters. The IAF issued a tender for 83 LCAs about two years ago and the project was stuck over the pricing issue as the government and the Air Force felt that the price offered by the HAL was slightly higher. The Defence Ministry determined the cost of the 83 LCA Mark 1A aircraft around ₹45,000 crore and the Indian Air Force is now expected to place orders for these planes in the next few weeks.

48. 

Who partners with SonyLIV to provide mobile inflight entertainment?

A. Air India
B. IndiGo
C. Air Asia
D. Kingfisher

Answer: Option B

Explanation:

IndiGo announced its partnership with online video streaming service SonyLIV to offer passengers entertainment content at 25. The airline is expanding its footprint globally resulting in longer flights for its passengers calling for the need to provide entertainment content onboard. The airline has 50% of its new destinations in 2019 will be international ones. The passengers will have to download the app and the video content before they board their flight.

49. 

Reliance Jio offering minimum internet speed of 100 Mbps for the cost of Rs. __________.

A. 399
B. 499
C. 699
D. 799

Answer: Option C

Explanation:

Mukesh Ambani's Jio announced the launch of its fiber-based broadband service, offering minimum internet speed of 100 Mbps for 699 a month, a rate 35-45 per second. Jio Fiber will offer free voice calling anywhere in the country, unlimited data and video conferencing. Jio Fiber - Plans and Advantages The annual subscribers will get 4K set top box, for streaming TV channels, free while a 4K television set would be complementary with plans with higher payouts such as 'Gold'.

50. 

Multi Commodity Exchange of India and this China commodity exchange company sign MoU for co-operation and the exchange of information.

A. Dalian Commodity Exchange
B. Zhengzhou Commodity Exchange
C. Shanghai Futures Exchange
D. China Financial Futures Exchange

Answer: Option B

Explanation:

Multi Commodity Exchange of India (MCX) and Zhengzhou Commodity Exchange (ZCE), one of the leading commodity exchanges in China, have signed a Memorandum of understanding (MoU) for co-operation and the exchange of information. The MoU is intended to facilitate cooperation between the two exchanges in areas such as knowledge sharing, education & training, organizing events as well as to explore areas of mutual interests between the exchanges.