Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
326.
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.

327.
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.

328.
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.

329.
Which company has received approval from the Odisha government for its Rs 40,000 Crore electric vehicle (EV) venture?
Tata Group
Mahindra Electric
Bajaj Auto
JSW Group
Answer: Option
Explanation:
JSW Group has been granted approval by the Odisha government for its Rs 40,000 Crore electric vehicle (EV) venture. This marks a significant development in the state's industrial landscape, with the approved projects slated for establishment in the Cuttack and Paradip districts.

330.
Which electricity distribution company from Uttar Pradesh secured an A+ rating in the recent Consumer Service Rating of Discoms (CSRD) report?
BSES Rajdhani Power Limited
BSES Yamuna Power Limited
Noida Power Company Limited
Tata Power Delhi Distribution Limited
Answer: Option
Explanation:
Noida Power Company Limited (NPCL) in Uttar Pradesh achieved an A+ rating in the CSRD report, alongside BSES Rajdhani, BSES Yamuna, and Tata Power from Delhi Distribution, highlighting their dedication to exceptional customer service and operational excellence in the electricity distribution sector. This recognition underscores the collective efforts of these companies to enhance service quality for consumers in the region.