Q1. Which of the FMCG Company is set to acquire India’s largest packaged drinking water company, Bisleri, for an estimated cost of Rs 6,000-7,000 crore?
(a) ITC
(b) Hindustan Unilever
(c) Tata Consumer
(d) Reliance Retail
(e) None of the above
Q2. Which technology company becomes the first Indian company to set up European Work Council to provide the best employee experience and create an inclusive environment?
(a) Infosys
(b) HCL Tech
(c) Wipro
(d) TCS
(e) None of the above
Q3. Adani New Industries Ltd. has constructed a wind turbine at which of the place as part of its growth plans for renewable energy?
(a) Mundra
(b) Bikaner
(c) Chennai
(d) Puri
(e) None of the above
Q4. State-owned life insurer Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional how much per cent stake in the company?
(a) 7%
(b) 2%
(c) 5%
(d) 10%
(e) None of the above
Q5. Which of the financial agency has signed a $40 million financing package with GreenCell Express Private Limited (GEPL) to develop 255 electric battery-powered buses (e-buses) to serve 5 million people a year on 56 intercity routes in India?
(a) Asian Development Bank
(b) World Bank
(c) International Monetary Fund
(d) European Bank for Reconstruction and Development
(e) None of the above
Q6. Hyderabad-based Megha Engineering and Infrastructure Limited (MEIL) has taken up a project to build _________ country’s first Greenfield oil refinery.
(a) Brazil
(b) Saudi Arabia
(c) Mongolia
(d) Istanbul
(e) None of the above
Q7. The National Payments Corporation of India (NPCI) announced the launch of the BHIM App open-source license model to regulate entities participating in the Unified Payments Interface (UPI) ecosystem. Where is headquarter of NPCI is located?
(a) Gurugram
(b) Bangalore
(c) New Delhi
(d) Mumbai
(e) None of the above
Q8. The government body for energy efficiency Bureau of Energy Efficiency (BEE) under the Ministry of Power has signed a memorandum of understanding (MoU) with which of the following to promote energy efficiency financing for MSMEs?
(a) HDFC Bank
(b) Reserve Bank of India
(c) SIDBI
(d) NABARD
(e) None of the above
Q9. Capital markets regulator SEBI came out with a uniform format for reporting OTC trades in listed non-convertible securities. What is the full form of OTC?
(a) Over-the-Counter
(b) Out of –the- Credit
(c) Over-the-Call
(d) Out of –the-Cash
(e) None of the above
Q10. Which of the bank has signed a 150 million euro (Rs 1,240 crore) loan agreement with the German development bank KfW for funding solar projects?
(a) Canara Bank
(b) Bank of Baroda
(c) HDFC Bank
(d) State Bank of India
(e) None of the above
Solutions
S1. Ans(c)
Sol. Tata Consumer is set to acquire India’s largest packaged drinking water company, Bisleri, for an estimated Rs 6,000-7,000 crore.
S2.Ans (c)
Sol. IT company Wipro has reached an agreement with employee representatives on setting up a European Works Council. The EWC will help us in getting even better as we assimilate employee perspectives on a consistent basis.
S3. Ans(a)
Sol. Adani New Industries Ltd. has constructed a wind turbine in Mundra in Gujarat as part of its growth plans for renewable energy that is taller than the Statue of Unity and has blades that are broader than the wingspan of a jumbo jet.
S4.Ans (b)
Sol. Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake.
S5. Ans(a)
Sol. The Asian Development Bank (ADB) signed a $40 million financing package with GreenCell Express Private Limited (GEPL) to develop 255 electric battery-powered buses (e-buses) to serve 5 million people a year on 56 intercity routes in India.
S6. Ans(c)
Sol. Hyderabad-based Megha Engineering and Infrastructure Limited (MEIL) has taken up a project to build Mongolia’s first Greenfield oil refinery on the outskirts of the capital city, Ulaanbaatar.
S7. Ans(d)
Sol. NCPI aims to bridge the gap by extending all the readily available features of UPI to these entities through this BHIM App licensing model. Mumbai is headquarter of NPCI.
S8. Ans(c)
Sol. The government body for energy efficiency Bureau of Energy Efficiency (BEE) under the Ministry of Power has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for MSMEs.
S9. Ans(a)
Sol. Capital markets regulator SEBI came out with a uniform format for reporting over-the-counter (OTC) trades in listed non-convertible securities. OTC- Over-the-Counter.
S10. Ans(d)
Sol. State Bank of India has signed a 150 million euro (Rs 1,240 crore) loan agreement with the German development bank KfW for funding solar projects. The long-term loan, under the Indo-German solar partnership, will facilitate new and upcoming capacities in the solar sector and further contribute to the country’s goals announced during the COP26.