1. With respect to the Leading Wealthy Women 2021 report, consider the following statements:
- It is published by Credit Suisse.
- Biocon’s founder and CEO Kiran Mazumdar Shaw is the country’s richest woman.
Which of the statements given above is/are correct?
[A] Only 1
[B] Only 2
[C] Both 1 & 2
[D] Neither 1 nor 2
Show Answer
Correct Answer: D [Neither 1 nor 2]
Notes:- According to the ‘Leading Wealthy Women 2021’ report published by Hurun India in collaboration with Kotak Private Banking, Roshni Nadar Malhotra, chairperson of Indian tech giant HCL Technologies Limited, is the richest woman in the country for the second year in a row with a wealth of ₹84,330 crore.
- The position of the second richest woman in India is secured by Nykaa founder and chief executive office (CEO) Falguni Nayar. According to the report, Nayar is the country’s richest self-made woman and the world’s tenth richest self-made woman.
- India’s largest Biopharmaceutical company Biocon’s founder and CEO Kiran Mazumdar Shaw is the country’s third richest woman.
- Nilima Mota parti of Debi’s Laboratories, Radha Vembu of Zoho, Leena Gandhi Tiwari of USV, Anu Aga and Meher Pudumjee of Thermax, Neha Narkhede of Confluent, Vandana Lal of Lal Path Labs, and Renu Munjal of Hero Motor Corp are the 4th, 5th, 6th, 7th, 8th, 9th, and 10th richest women in India respectively.
- The highest number of entrants in the latest list was from Delhi-National Capital Region at 25, followed by Mumbai (21) and Hyderabad (12).
2. Which of the following statements about Export Credit Guarantee Corporation of India Ltd. (ECGC) are correct:
- It is under the ownership of the Ministry of Commerce and Industry.
- It provides its own credit ratings on different countries.
- It does not provide insurance protection to exporters.
Select the correct option using the codes given below:
[A] Only 1
[B] Only 1 & 2
[C] Only 2 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: B [Only 1 & 2]
Notes:
ECGC is owned by the Ministry of Commerce and Industry and provides its own credit ratings for various countries. However, the statement that it does not provide insurance protection is incorrect since ECGC’s primary function is to offer export credit insurance to Indian exporters against payment risks.
3. ‘Oneweb’ which is often seen in news is related to which of the following?
[A] Free access to all the web services
[B] Broadband satellite Internet around the world
[C] Defence personnel uniform made of spider steel
[D] None of the above
Show Answer
Correct Answer: B [Broadband satellite Internet around the world]
Notes:- OneWeb is a global communications company that aims to deliver broadband satellite Internet around the world through its fleet of LEO satellites.
- Its ‘Five to 50’ service offers internet connectivity to all regions north of 50 degrees latitude.
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