According to the COVID-19 and Tourism: Assessing the Economic Consequences published by

UNCTAD the World Tourism sector could lose how much money?
A. 1.2 trillion USD

B. 2.2 trillion USD

C. 3.2 trillion USD

D. 4.2 trillion USD

Answer: Option A
Explanation:
The United Nations Conference on Trade and Development (UNCTAD) published the report,
COVID-19 and Tourism: Assessing the Economic Consequences stating that the World Tourism
sector could lose around 1.2 trillion USD or 1.5% of the Global Gross Domestic Product (GDP)
because of the 4 months lockdown due to global pandemic situation.
View Answer Discuss in Forum Workspace Report

40.  Which US private equity giant has agreed to acquire a 54% stake in Mumbai-based drug
manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore?
A
The Blackstone Group
.

B
Kohlberg Kravis Roberts & Co.
.

C
The Carlyle Group
.

D
KKR Group
.
Answer: Option D
Explanation:
US private equity giant KKR has agreed to acquire a 54% stake(41.7 million or 4.17 crore fully
paid up equity shares) in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for
approximately Rs 3100 crore. KKR will make the investment through its subsidiaries, Tau
Investments Holdings Pte. Ltd., Tau Holdco Pte. Ltd., and KKR Asia III Fund Investments Pte.