Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
376.
Which company has partnered with Archer Aviation to launch an all-electric air taxi service in India?
IndiGo
Archer Aviation
InterGlobe Enterprises
Airbus
Answer: Option
Explanation:
InterGlobe Enterprises, a major shareholder in IndiGo, has announced a strategic partnership with Archer Aviation Inc, a US-based company specializing in electric vertical takeoff and landing (eVTOL) aircraft. The collaboration aims to introduce and operate an all-electric air taxi service in India.

377.
Which country has announced a $553 million investment in Adani’s Sri Lanka port terminal project?
India
China
Sri Lanka
US
Answer: Option
Explanation:
The U.S. International Development Finance Corporation (DFC) has announced a $553 million investment in the Colombo Port Terminal project led by Adani Ports. This investment is aimed at supporting economic development and strategic partnerships in the region.

378.
What type of license has PayGlocal received in-principle approval from RBI for?
Payment Aggregator
Payment Processor
Merchant Account
Payment Gateway
Answer: Option
Explanation:
PayGlocal has received in-principle approval from RBI for a Payment Aggregator (PA) license. A PA license allows a company to onboard merchants onto its platform for online payment processing.

379.
Which global retail giant has partnered with APEDA to boost Indian agri-product exports?
LuLu Hypermarket
Carrefour
Walmart
Tesco
Answer: Option
Explanation:
APEDA has partnered with Lulu Hypermarket LLC, a global retail giant, to boost Indian agri-product exports and promote Brand India on a global scale.

380.
Which life insurance company became the first to obtain GIFT City IFSC registration?
LIC
HDFC Life
IndiaFirst Life
ICICI Prudential Life
Answer: Option
Explanation:
IndiaFirst Life Insurance Company Ltd (IndiaFirst Life) became the first life insurance company to obtain GIFT City IFSC registration, opening avenues for international operations after approvals from IRDAI and IFSCA.