Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
436.
Which public sector firm was conferred with Navratna status by the Department of Public Enterprises?
Bharat Sanchar Nigam Limited (BSNL)
Coal India Limited (CIL)
Rashtriya Chemicals and Fertilizers (RCF)
Steel Authority of India Limited (SAIL)
Answer: Option
Explanation:
Rashtriya Chemicals and Fertilizers (RCF) was conferred 'Navratna Status' by the Department of Public Enterprise (DPE), granting it the financial independence to invest up to Rs 1000 crore without the need for central government approval.

437.
Which public sector bank has launched a mobile app to enable MSMEs to access instant loans using GST invoices?
State Bank of India (SBI)
Bank of Baroda (BoB)
Punjab National Bank (PNB)
Indian Bank
Answer: Option
Explanation:
Punjab National Bank (PNB) has launched the PNB GST Sahay App to facilitate MSMEs in accessing instant loans using GST invoices.

438.
Which airline has the CCI cleared to merge with Tata SIA Airlines?
AirAsia India
Air India
Go First
IndiGo
Answer: Option
Explanation:
The Competition Commission of India (CCI) has cleared the merger of Tata SIA Airlines with Air India. This is a major milestone in the merger process, which is expected to be completed by March 2024.

439.
Which company is partnering with ACME Group to set up India's largest green hydrogen project in Odisha?
NTPC
GAIL
Indian Oil Corporation
Tata Steel
Answer: Option
Explanation:
Tata Steel is partnering with ACME Group to set up India's largest green hydrogen project in Odisha. The project is expected to cost Rs 27,000 crore and will involve the production of 1.3 million tonnes of green ammonia per year.

440.
Who stepped down from the Reliance Industries board to allow her children to join?
Isha Ambani
Nita Ambani
Akash Ambani
Anant Ambani
Answer: Option
Explanation:
Nita Ambani stepped down from the Reliance Industries board to allow her children, Isha Ambani, Akash Ambani, and Anant Ambani, to join. This is part of a succession plan by Mukesh Ambani to ensure the future leadership of the company.