1. What organisation initiated the ‘#BahaneChhodoTaxBachao’ campaign?
[A] Bank of Baroda
[B] SBI General Insurance
[C] HDFC Bank
[D] ICICI Prudential Life Insurance
Show Answer
Correct Answer: B [SBI General Insurance]
Notes:
Recently ,The Campaign titled ‘#BahaneChhodoTaxBachao’ was launched by SBI General Insurance.
2. Which business paid $68.7 billion ($95.00 per share) for the game-making company Activision Blizzard Inc?
[A] Google
[B] Yahoo
[C] Infosys
[D] Microsoft Corp
Show Answer
Correct Answer: D [Microsoft Corp]
Notes:
Microsoft Corp. is set to acquire game making company, Activision Blizzard Inc., in an all-cash transaction for $68.7 billion. ($95.00 per share). This acquisition will boost the competitiveness of Microsoft in the mobile gaming business and virtual-reality technology, across mobile, PC, console and cloud and will provide building blocks for the metaverse.
3. Alphaniti, a fintech startup, has formed a collaboration with which organization to allow investors to invest and trade in the stock offering?
[A] IIFL Securities
[B] Bajaj Finserv
[C] TATA Capital
[D] Mahindra & Mahindra Financial Services Ltd
Show Answer
Correct Answer: A [IIFL Securities]
Notes:
IIFL Securities has partnered with Alphaniti, which is a fintech company. The partnership will allow the investors to invest and trade in a stock offering.
4. To strengthen its stable of game-making studios, which business recently purchased Bungie Inc., the U.S. video game developer behind the blockbuster Destiny and Halo franchises, for $3.6 billion?
[A] Sony
[B] Philips
[C] Samsung
[D] Microsoft
Show Answer
Correct Answer: A [Sony]
Notes:
Sony Group Corp. is purchasing Bungie Inc., the U.S. video game developer behind the popular Destiny and Halo franchises, for $3.6 billion to bolster its stable of game-making studios.
5. Who was recently elected to the National Cooperative Dairy Federation of India (NCDFI) board of directors?
[A] K S Mani
[B] Rishabh Pant
[C] Shardul Thakur
[D] Abhishek Singh
Show Answer
Correct Answer: A [K S Mani]
Notes:
K S Mani was elected as board of directors of the National Cooperative Dairy Federation of India (NCDFI). He is the Chairman of the Kerala Co-operative Milk Marketing Federation (KCMMF).
6. To meet the liquidity management needs of institutional clients, which bank recently announced Corporate Liquidity Management Solution (C-LMS) and Government Liquidity Management Solution (G-LMS)?
[A] HDFC Bank
[B] IDBI Bank
[C] SBI Bank
[D] ICICI Bank
Show Answer
Correct Answer: B [IDBI Bank]
Notes:
The IDBI Bank has launched Corporate Liquidity Management Solution (C-LMS) and Government Liquidity Management Solution (G-LMS) to fulfill the liquidity management need of institutional clients. Both types of LMS will offer real-time web-based solutions to the bank’s customers. The solutions will include tools to forecast cash position in the bank, automate fund transfer, and many more. The C-LMS and G-LMS will grant efficiency in the management of liquidity.
7. What is Mukesh Ambani’s worldwide ranking in Hurun India’s “2022 M3M Hurun Global Rich List,” in which he was named Richest Indian & Asian?
[A] 7
[B] 8
[C] 9
[D] 10
Show Answer
Correct Answer: C [9]
Notes:
According to the report, Mukesh Ambani, Chairman & Managing Director of Reliance Industries Limited has emerged as the Richest Indian and Richest Asian & ranked 9th globally.
8. Who was appointed as Vahdam India’s Chief HRO?
[A] MR Kumar
[B] Kalpesh Tiwari
[C] Rahul Bhatia
[D] Pradip Shah
Show Answer
Correct Answer: B [Kalpesh Tiwari]
Notes:
Kalpesh Tiwari was appointed as Chief HRO for Vahdam India.
9. The UNCTAD has reduced India’s GDP growth forecast for FY 2022 to?
[A] 6.7%
[B] 5.8%
[C] 4.6%
[D] 3.2%
Show Answer
Correct Answer: C [4.6%]
Notes:
UNCTAD report revised India’s GDP growth to 4.6% for FY2022. In its economic growth report, United Nations Conference on Trade and Development (UNCTAD) report downgraded India’s growth projection for FY2022 from 6.7% to 4.6%.
10. Insolvency professionals play what role in the resolution process?
[A] To prepare a plan for bailing out a company by seeking investment from the Capital market
[B] Under the provisions of IBC 2016, to take up the settlement of stressed assets.
[C] To buy all shares of the stressed firm
[D] To make a proposal to EXIM Bank for resolution
Show Answer
Correct Answer: B [Under the provisions of IBC 2016, to take up the settlement of stressed assets.]
Notes:
The Insolvency and Bankruptcy Board of India, has made some key amendments to expedite the resolution process. It has been made mandatory for the Committee of Creditors (CoC), to share all the documents with the Insolvency resolution professionals (IRPs). This will help the CoC with better data to expedite the process.
