Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs
56. 

Name the financial institution which has launched 'green' bond fund for central banks to promote green finance.

A. Bank for International Settlements
B. World Bank
C. International Monetary Fund
D. Asian Development Bank

Answer: Option A

Explanation:

In the latest dimension of global central bank's interest in environmental sustainability, the Bank for International Settlements (BIS) has launched a dollar green bond fund enabling central banks around the world to invest in "green bonds". It is an open ended bond & drawn the pool of assets from a global group of central banks to develop green finance through sizeable climate-friendly investments. It is structured under the swiss law & will be managed in-house by Asset Management handout of BIS, which is owned by 60 central banks.

57. 

Which Indian organistion has discovered 30 reels of unedited footage on Mahatma Gandhi?

A. NITI Aayog
B. NFDC
C. NFAI
D. Fox Star Studios

Answer: Option C

Explanation:

The National Film Archive of India (NFAI) has recently discovered 30 reels of unedited footage on Mahatma Gandhi that amounts to almost 6 hours of duration. These 35mm celluloid footages, unedited and stock shots with title cards in between, belonged to several prominent film studios of the time like Paramount, Pathe, Warner, Universal, British Movietone and Wadia Movietone. The major highlight of the discovery is a rare half-an-hour footage that has visuals of a special train carrying Mahatma Gandhi's ashes, after his assasination on 30th January 1948, from Madras to Rameshwaram. In 1964, the NFAI was established as a media unit of the Ministry of Information and Broadcasting (I&B) with headquarters at Pune, Maharashtra.

58. 

Which of the following company has signed an agreement with Bank of Baroda to be the preferred financier for its dealers and consumers?

A. Ashok Leyland
B. Tata Motors
C. Hyundai Motor India
D. Mahindra & Mahindra

Answer: Option C

Explanation:

Hyundai Motor India Ltd (HMIL) has signed an agreement with Bank of Baroda to be the preferred financier for its dealers and consumers. Under the agreement, the bank will provide detailed financing structure for both dealers and consumers. Dealer financing will be done as per the bank's existing product program of supply chain finance.

59. 

Which of the following is planning to invest in technology start-ups in India?

A. Google Alphabet
B. Facebook
C. Apple
D. Intel Corp

Answer: Option B

Explanation:

Facebook is planning to invest in technology start-ups. The minority investment in a company called Meesho, its first investment globally. The second edition of Huddle Kerala 2019 one of Asia's largest congregations on start-up ecosystem organized by Kerala Startup Mission (KSUM), Ajit Mohan, vice president and managing director, India Facebook announced the first minority investment that it has done anywhere in the world in a company called Meesho.

60. 

Which of the following topped in the WPP-Kantar BrandZ Top 75 Most Valuable Indian Brands?

A. ICICI Bank
B. HDFC Bank
C. LIC
D. State Bank of India

Answer: Option B

Explanation:

HDFC Bank topped the WPP-Kantar BrandZ Top 75 Most Valuable Indian Brands ranking for the sixth time in a row. BFSI brands have dominated the top 10 ranking list this year. According to the report, banking brands made up the largest share of the BrandZ Top 75 and owned 23% of the total brand value of $53.3 billion. Life Insurance Corporation of India and State Bank of India retained their positions in the ranking at No. 2 and No. 5, respectively.