Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
221.
In which Indian state did NHPC Limited sign an MoU for a Rs 4,000 crore investment in the 750 MW Kuppa Pumped Hydro Storage Project?
Maharashtra
Karnataka
Tamil Nadu
Gujarat
Answer: Option
Explanation:
NHPC Limited has signed an MoU with Gujarat Power Corporation Limited for a Rs 4,000 crore investment in the 750 MW Kuppa Pumped Hydro Storage Project located at Chhota Udaipur, Gujarat, aligning with national goals for renewable energy and the "Net Zero" target.

222.
Which country is set to export 10,000 MW of power to India in the next 10 years, solidifying a long-term energy partnership?
Nepal
Bhutan
Bangladesh
Sri Lanka
Answer: Option
Explanation:
India and Nepal have strengthened their energy partnership, with Nepal exporting 10,000 MW of power to India over the next decade, enhancing bilateral connectivity and cooperation in the energy sector.

223.
In which state did Adani Group collaborate for Data Centre and Aerospace Park investment?
Maharashtra
Karnataka
Telangana
Gujarat
Answer: Option
Explanation:
Adani Group, led by CEO Karan Adani, collaborated with Telangana's CM Reddy for Data Centre and Aerospace Park investment, receiving support from the state government.

224.
Which Central Public Sector Enterprise (CPSE), established under the Ministry of Power, recently signed an MoU with Rail Vikas Nigam Limited (RVNL) for diverse infrastructure projects over the next 5 years?
NHPC Limited
NTPC Limited
REC Limited
Power Grid of India Limited
Answer: Option
Explanation:
REC Limited (Rural Electrification Corporation), a Maharatna CPSE under the Ministry of Power, has collaborated with RVNL, pledging Rs. 35,000 Crores for various infrastructure projects over the next 5 years, reflecting their commitment to sectoral development.

225.
In which Indian state is Adidas establishing its first and only Global Capacity Centre (GCC) in Asia outside of China?
Maharashtra
Karnataka
Tamil Nadu
Gujarat
Answer: Option
Explanation:
Adidas is strategically setting up its first and only Global Capacity Centre (GCC) in Asia outside of China, and the chosen location is Tamil Nadu. This move reflects the trend of multinational corporations selecting India, specifically Tamil Nadu, as a prime destination for establishing their GCCs.