Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
96.
What is the interest rate set by EPFO on employees' provident fund (EPF) deposits for the fiscal year 2023-24?
8.15%
8.25%
8.10%
8.5%
Answer: Option
Explanation:
EPFO has raised the interest rate on EPF deposits to 8.25% for the fiscal year 2023-24, marking a three-year high. This decision was made during a meeting of the Central Board of Trustees (CBT), signifying a marginal increase compared to previous years.

97.
Which company has partnered with Embraer on the C-390 Millennium medium transport aircraft in India?
Mahindra
Tata
Adani
Reliance
Answer: Option
Explanation:
Mahindra has collaborated with the Brazilian aerospace company Embraer to fulfil the Indian Air Force's acquisition needs for the C-390 multi-mission transport aircraft. This partnership aligns with India's defence modernization goals under the Atmanirbhar Bharat initiative.

98.
Which company partners with Airbus to manufacture all doors for the single-aisle A220 family aircraft in India, as unveiled by Jyotiraditya M. Scindia?
Boeing
Lockheed Martin
Hindustan Aeronautics Limited
Dynamatic Technologies
Answer: Option
Explanation:
Dynamatic Technologies collaborates with Airbus to manufacture all doors for the A220 family aircraft in India. Jyotiraditya M. Scindia unveiled this partnership. The move aligns with India's push for aerospace manufacturing, with Dynamatic Technologies aiming to double its exports through this endeavour.

99.
Which groups are targeted to be empowered by the DigiReady Certification Portal, as launched by the Quality Council of India and Open Network for Digital Commerce?
MSMEs and small retailers
Large corporations
Government agencies
Educational institutions
Answer: Option
Explanation:
The DigiReady Certification Portal aims to empower MSMEs and small retailers by assessing and certifying their digital readiness. This initiative facilitates their seamless onboarding as sellers on the ONDC platform, enhancing their digital capabilities and business potential.

100.
In which Indian state did the Micro, Small and Medium Enterprises (MSME) Minister launch 'Smart Cards' for startups?
Tamil Nadu
Maharashtra
Karnataka
Gujarat
Answer: Option
Explanation:
The 'Smart Cards' for startups were launched by the MSME Minister of Tamil Nadu, offering a range of products and services at subsidized rates to support the growth of businesses in the state.