Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
106.
Which aerospace company is collaborating with Tata to establish a final assembly line for helicopters in India?
Airbus
Boeing
Lockheed Martin
Embraer
Answer: Option
Explanation:
Airbus and Tata are jointly working on establishing a helicopter manufacturing facility in India, emphasizing boosting indigenous manufacturing. This collaboration signifies Airbus's commitment to contributing to the country's aerospace sector growth, following their earlier establishment of a final assembly line for C295 military aircraft production in Gujarat.

107.
Which company's subsidiary has recently secured the payment aggregator license from the RBI?
Swiggy
Uber Eats
Zomato
FoodPanda
Answer: Option
Explanation:
Zomato Payments Private Limited, a subsidiary of Zomato, secured the payment aggregator license from the Reserve Bank of India, aligning with Zomato's strategy to reduce external dependency on payment apps.

108.
Which organization has been appointed as the nodal agency for the Pradhan Mantri Suryoday Yojana, with plans to lend Rs 1,20,000 crore for the installation of rooftop solar panels?
REC
PFC
NTPC
NHPC
Answer: Option
Explanation:
REC Ltd, a Maharatna power finance company, has been designated as the nodal agency for the Pradhan Mantri Suryoday Yojana. The initiative aims to install rooftop solar panels in one crore households, with REC Ltd set to lend Rs 1,20,000 crore for this ambitious project under the leadership of CMD Vivek Kumar Dewangan.

109.
In the initiative for green ammonia supply, ACME, an Indian Renewable Energy company, has forged a partnership with a company from which country, making it one of the world's largest agreements for green ammonia supply?
Russia
Japan
United States
Germany
Answer: Option
Explanation:
ACME has partnered with Japan's IHI in a significant agreement for green ammonia supply, contributing to the India-Japan Clean Energy Partnership aimed at meeting global demand for sustainable energy sources.

110.
Which company's strategic move to acquire a substantial 38% stake in MG Motor India has received approval from the Competition Commission of India (CCI)?
Tata Group
JSW Group
Eicher Motors
Mahindra Group
Answer: Option
Explanation:
JSW Group's approved acquisition of a 38% stake in MG Motor India, facilitated through JSW Ventures Singapore, is a strategic move set to reshape the automotive industry's dynamics, marking a significant development in corporate transactions.