Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs
56. 

This company will build 1GW electric vehicle battery plant.

A. Hindustan Petroleum
B. Bharat Petroleum
C. Indian Oil
D. Essar Energy

Answer: Option C

Explanation:

State-run oil refiner Indian Oil Corporation Ltd will set up a 1 Giga Watt (GW) plant to make batteries used for running electric vehicles (EVs) in partnership with an overseas start-up using a non-lithium ion raw material. The move fits well with the government's strategy to facilitate the adoption of EVs in the country's energy basket, and cut the fuel import bill. It also supports a key element of the EVs industry batteries and their recharge.

57. 

Which is the largest snacks company in India?

A. Parle
B. Haldiram
C. Bikaner Wala
D. PepsiCo

Answer: Option B

Explanation:

Haldiram's is a major potato chips and Indian sweets and snacks manufacturer based out of Delhi and Nagpur.

58. 

Samsung India inks with __________ and RBL Bank for mobile payments through Samsung Pay.

A. Citibank
B. Mastercard
C. Maestro
D. Capital One

Answer: Option B

Explanation:

American multinational financial services corporation, Mastercard, Indian private sector bank, RBL Bank and Samsung India have jointly launched the Samsung Pay for RBL Bank's Mastercard credit card customers. The tie-up will allow the customers of RBL bank to make contactless transactions with enhanced security on their Samsung Pay-compatible smartphones efficiently. The payments can be done through any PoS (Point of Sale) machine where a card can be dipped, swiped or tapped, both in India as well as abroad without the physical presence of a card. RBL customers can easily add their Mastercard credit cards on Samsung Pay, which authenticates them based on their fingerprint, iris scan or PIN (personal identification number). After the successful authentication, they can complete their purchases by easily tapping their devices on a compatible terminal.

59. 

With which of the following company Ministry of Electronics and Information Technology have signed a statement of intent to roll-out 'Build for Digital India'?

A. Google
B. Facebook
C. IBM
D. Microsoft

Answer: Option A

Explanation:

Google and the Ministry of Electronics and Information Technology have signed a statement of intent to roll-out 'Build for Digital India'. It is a programme which will provide engineering students a platform to develop market-ready, technology-based solutions that address key social problems. Under this program, the applicants will participate in online and offline learning opportunities on key technologies like machine learning, cloud and android.

60. 

In which exchange we can exchange commodities?

A. NSE
B. BSE
C. NYSE
D. NMCE

Answer: Option D

Explanation:

National Multi Commodity Exchange is the first De-Mutualised Electronic Multi-Commodity Exchange of India located at Ahmedabad. A commodity exchange is a market where commodities or goods like gold, silver, coffee, corn, and soybeans, are being traded amongst the buyers and sellers. A commodity exchange has investments for the purpose of business operations as well.