BBA 5th SEMESTER, UNIT IV, GENERAL BUSINESS AWARENESS

Current Business Development

1. (B) Vodafone m-pesa Limited
Explanation: The Reserve Bank of India (RBI) recently cancelled the Certificate of
Authorisation (CoA) of Vodafone m-pesa after it voluntarily surrendered its authorisation.
2. (C) Tamil Nadu
Explanation: The Chief Minister of Tamil Nadu, K Palaniswami recently announced a new
initiative called ‘Direct CTO (Consent to Operate)’, which aims to provide faster clearance to
companies which operate under ‘Green category industries’.
The companies are classified in red, orange, green and white categories based on the pollution
index generated, according to Ministry of Environment. This scheme is expected to benefit
micro, small and medium enterprises under ‘Green category’ to commence their operations with
faster clearance from the government.
3. (C) Injeti Srinivas
Explanation: The government has recently constituted a 12-membered high-level panel recently
set up to prepare an investigation manual for Serious Fraud Investigation Office (SFIO).
As per the recent order issued by the Corporate affairs ministry, Corporate Affairs Secretary
Injeti Srinivas would chair the panel. The committee will devise a comprehensive manual for
performing effective investigations and probes against white-collar crimes.
4. (A) 2.0%
Explanation: Fitch Ratings provides forward-looking credit opinions on investments, that
reflects its likelihood of default.
5. (A) Trade Deficit
6. (D) Franklin Templeton Mutual Fund
7. (B) B2B (business to business) businesses
8. (B) Ministry of Finance
Explanation: Safe Harbour refers to the conditions under which income-tax authorities will accept
the transfer price declared by the assessee without any scrutiny. This feature benefits the tax
payers, especially in the services sector.
9. (B) Japan
10. (C) Insurance Regulatory and Development Authority
11. (C) China
12. (A) World Bank
13. (A) RBI

RAJAT TAYAL 1
ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT IV, GENERAL BUSINESS AWARENESS

14. (A) Autopay

15. (B) AIIB
Explanation: AIIB = Asian Infrastructure Investment Bank

RAJAT TAYAL 2
ASSISTANT PROFESSOR