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Current Affairs :: Business

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Answers (objective type, multiple choice)?
Here you can find objective type Current Affairs Business questions and answers for interview and entrance
examination. Multiple choice and true or false type questions are also provided.

How to solve Current Affairs Business problems?

You can easily solve all kind of Current Affairs questions based on Business by practicing the objective type
exercises given below, also get shortcut methods to solve Current Affairs Business problems.

Home » Current Affairs » Business » Latest Current Affairs

Exercise :: Business - Latest Current Affairs

 Business - Latest Current Affairs

1. Airtel Payments Bank partnered with this insurance company to offer "Smart Plan Shop Package Policy".
A.Bajaj Allianz General Insurance
B.Bharti AXA General Insurance
C.TATA AIG Insurance Company
D.HDFC ERGO General Insurance Company

Answer: Option B

Explanation:

Airtel Payments Bank has entered into a partnership with Bharti AXA General Insurance to offer the latter's
affordable and newly launched shop insurance product namely "Smart Plan Shop Package Policy" for financial
protection of the bank's retailers and merchants. The policy will provide financial protection in case of damage
to assets inside the shop due to fire and allied perils and burglary, among others, as covered in the product. The
insurance policy has a flexible sum insured option, starting from Rs 2 lakh up to Rs 25 lakh.
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2. Oman India Joint Investment Fund Acquired how much percentage of stake in DCB Bank?
A.1.63%
B.1.33%
C.1.50%
D.2.00%

Answer: Option A

Explanation:

Oman India Joint Investment Fund(OIJIF) II acquired 5.07 million (50,69,903) shares or 1.63% stake in DCB
Bank Limited(DCB Bank)through a block trade (bulk deal) on stock exchanges. The stake is valued at Rs 42
crore. The shares were purchased at an average price of Rs 81.90 valuing the transaction at Rs 41.52 crore.
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3. UAE starts its first-ever nuclear reactor "Barakah" at Abu Dhabi in a joint venture with the Emirates Nuclear
Energy Corporation (ENEC) and __________.
A.Siemens
B.KEPCO
C.Enel
D.KT Corporation

Answer: Option B

Explanation:

Oil-rich Gulf state UAE finally starts its first-ever nuclear reactor "Barakah" at Abu Dhabi on the Gulf coast.
Developed in a joint venture with the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power
Corporation (KEPCO) Barakah means "blessing" in Arabic.
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4. Which of the following become World's first Large Scale Chemical Production Plant to completely run on
Renewable Energy?
A.Sipchem
B.Asahi Kasei Corporation
C.Evonik Industries
D.SABIC

Answer: Option D

Explanation:

SABIC in Spain, is set to become the World's first large scale industry to completely run on renewable power
on signing a major agreement with Iberdrola, an electricity utility company to secure power from solar power
projects. The Facility is expected to become fully operational by 2024 and support SABIC to achieve its clean
energy target by 2025. This new plant will contribute 80,000 tonne annual reduction in the indirect emission of
carbon dioxide supporting the climate change initiatives like EU 2030.
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5. NTPC signs the MoU with which organisation to seek investment opportunities in areas like renewable energy,
power distribution and other areas of mutual interest in India?
A.CSIR
B.ISRO
C.NIIF
D.DRDO

Answer: Option C

Explanation:

NTPC (formerly known as National Thermal Power Corporation Limited) signs the Memorandum of
Understanding with National Investment and Infrastructure Fund(NIIF), acting through National Investment
and Infrastructure Fund Limited(NIIFL) to seek investment opportunities in areas like renewable energy, power
distribution and other areas of mutual interest in India.
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