Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs
71. 

Which IT firm bags $300-million deal from ICICI Bank?

A. HCL
B. Infosys
C. Wipro
D. Cognizant

Answer: Option C

Explanation:

IT services major Wipro Limited has bagged a strategic contract valued at $300 million from the ICICI Bank. Under the contract, Wipro will offer a comprehensive suite of services to ICICI Bank for the next seven years, starting September 2019. Currently, Mumbai-based IT services firm Vara infotech provides these services to the ICICI Bank. As part of this strategic engagement, Wipro will absorb about 3,800 employees of Vara infotech along with its existing contracts, facilities and assets.

72. 

Which e-commerce company recently announced to eliminate single-use plastic from its packaging by June 2020?

A. Flipkart
B. Amazon
C. Jabong
D. Myntra

Answer: Option B

Explanation:

E-commerce giant Amazon India recently announced to eliminate single-use plastic from its packaging by June 2020. The move came after PM Narendra Modi urged people to avoid the use of single-use plastic in order to protect the environment.

73. 

Where is the headquarters of ICRA?

A. Mumbai
B. New Delhi
C. Kolkata
D. Gurugram

Answer: Option D

Explanation:

ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency headquartered in Gurugram.

74. 

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.

75. 

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.

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