India
Q 1. Which steel major has acquired the steel making division of Usha Martin Industries on a slump sale basis ?
Ans. Tata Steel
Q 2. With which scam tainted group was Sandesara family associated with ? They are absconding and are apparently in Nigeria.
Ans. Sterling Biotech
Q 3. Kabir Jeet Singh on his return from UK after doing an MBA opened a fast food chain with its first outlet in Gurugram. Now it is expanding India wide what is it called ?
A, Paratha King B. KJS
C. Singhway D. Burger Singh
Ans. Burger Singh
Q 4. The shares of which company fell over 70 % on 28th September, the second
biggest fall on a single day after Satyam’s 83 % fall in 2009 due to a WhatsApp
rumour ?
A. DHFL B. Yes Bank
C. Infibeam Avenues D. IL & FS
Ans/ Infibeam Avenues
Q 5. Which private bank has been asked by RBI to freeze salary of CEO and has put
branch expansion on hold for not meeting licensing guidelines ?
A. Bandhan Bank B. Kotak Bank
C. IDFC Bank D. Yes Bank
Ans. A. Bandhan Bank
Q 6. When rumours started emerging thing that Yes Bank promoters were selling
their stake to what did Rana Kapoor , compared his Yes Bank shares with ?
Ans. Rana Kapoor said his Yes Bank shares were ” Diamonds are Forever “.
Q 7 . What was the main reason the minority shareholders of Apollo Tyres, rejected
the re- election of Neeraj Kanwar as a director ?
Ans. The institutional nominees were peeved with the high and rising compensation of
Neeraj Kanwar
Q8 . Which travel related brand has brought out a TV Commercial with the tagline
Kerala Is Open with the idea of reviving tourism after the floods
Ans. Samsonite
Q 9. The Union Telecom minister Manoj Sinha announced that TRAI would soon be
renamed as DCRAI. Expand DC in DCRAI.
Ans. Digital Communications
Q 10. What is the increase in customs duty announced by govt on ‘non-essential’
imports like AC, refrigerators and washing machines recently to keep the Current
Account Deficit in check ?
Ans. From 10 % to 20 % the customs duty has been increased
Q 11. Greenply has set up a plywood mfg facility in a African country. It appears the
advtg campaign on Indian TV by this country as a ‘ocean of timber tales’ has borne
fruit. Name the country
Ans. Gabon
Q 12. Where is the head quarters of the defence PSU Garden Reach Shipbuilders
and Engineers , which is currently having an open IPO ?
Ans. Kolkata
Q 13. Ashwin Choksi passed away recently. He was the Non-Executive Chairman of
which Indian paint major ?
Ans. Asian Paints Ltd
Q 14. One of the important points in the Rafale deal controversy is the “offset
clause’. What is offset in the context of defence deals ?
Ans. Offset in defence deal means the compensation made by the manufacturer in terms
of value addition in the product in the ordering country.
Q 15 . Which company is acquiring Pandora the music streaming service for 3.5 Bn $ ?
Ans. Sirius XM
Q 16. Marillyn Hewson has been voted as the Most Powerful Woman by Fortune this
year. With which company is she associated with ?
Ans. Lockheed Martin
Q 17. Who has acquired the luxury brand Versace for $ 2.1 Bn ?
A. Michael Kors B. Chanel
C. LVMH D. Gucci
Ans. A. Michael Kors
Q 18. Which of the following cities was selected as the European Green Capital for
the year 2019 ?
Ans. Oslo
Q 19. Who has asked Elon Musk to step down as the Chairman of Tesla Motors for 3 years ?
A. Board of Directors B. Auditors
C. Federal Govt D. SEC
Ans. D. SEC
Q 20. Which is the first German car company to announce stoppage of making
diesel engines ?
Ans. Porsche
- Compiled by G.Mohan Twitter @go_mohan
India Business Quiz 