Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
406.
The Indian Oil Corporation's board has approved a ₹1,660.15 crore equity investment for a 50% stake in which the joint venture company focused on renewable energy initiatives?
Reliance Power Renewables
Adani Solar
Tata Power Solar
NTPC Green Energy
Answer: Option
Explanation:
The Indian Oil Corporation has approved an equity investment in NTPC Green Energy, a joint venture, as part of their commitment to renewable energy initiatives.

407.
Which Indian food tech company has introduced the hyperlocal delivery service called 'Xtreme' for the intracity delivery of small packages?
Swiggy
Zomato
Uber Eats
Foodpanda
Answer: Option
Explanation:
Zomato has introduced 'Xtreme,' a hyperlocal delivery service, designed to cater to the intracity delivery of small packages for both businesses and individual users.

408.
Which Indian company has been listed in the Forbes 'World's Best Employers 2023' list, securing the 261st rank among the world's top 700 companies?
Tata Motors
NTPC Limited
Infosys
Reliance Industries
Answer: Option
Explanation:
NTPC Limited is the only Indian PSU listed in the Forbes 'World's Best Employers 2023' list. NTPC Limited, India's largest integrated energy conglomerate, has been listed in the Forbes 'World's Best Employers 2023' list, ranking 261st among the world's top 700 companies.

409.
Which Central Public Sector Enterprise (CPSE) has recently been granted the 'Navratna' status, becoming the 16th CPSE in India to receive this distinction?
RITES Ltd
Rashtriya Ispat Nigam Limited (RINL)
Rural Electrification Corporation Limited (REC)
Shipping Corporation of India Limited (SCI)
Answer: Option
Explanation:
RITES Ltd has been granted the 'Navratna' status, making it the 16th Central Public Sector Enterprise in India to receive this distinction.

410.
Which housing finance company had its Certificate of Registration cancelled by the RBI in 2023?
Indiabulls Housing Finance Limited
Bajaj Housing Finance Limited
Ind Bank Housing Ltd
Shriram Housing Finance
Answer: Option
Explanation:
The Reserve Bank of India (RBI) cancelled the Certificate of Registration of Chennai-based Ind Bank Housing Ltd in 2023 due to a decline in its financial performance.