Q1. Which Mutual Fund has acquired the AMC business of Principal Mutual Fund ?
Ans. Sundaram Mutual Fund
Q2. Which tractor major that now has a minority stake in Escorts has announced an increase of stake and become a joint promoter with the Nanda family, the company name will also change accordingly ?
Q3. Which financial services group is launching a website/ app for retail trading of bonds in the secondary market called Bondskart ?
Ans. JM Financial
Q4. Which two airlines in the Tata group are going to be merged first ?
Ans. Air Asia India and Air India Express
Q5. Under what brand does Go Fashion (India) Limited market its apparel ?
Ans. Go Colors
Q6. Which startup promoted by former Myntra CEO Anantha Narayanan has become the fastest startup to become a unicorn ? It acquires and manages brands in apparel, cosmetics, fashion and home categories.
Ans. Mensa Brands
Q7. Why is the extension of Fed Chief Jerome Powell’s term by another 4 years seen as a bit of a surprise ?
Ans. Media was expecting Joe Biden to have a Democrat Fed Chairman.. But he chose to continue with a Republican nominee.
Q8. An Internet collective calling itself Constitution DAO used blockchain technology to pool in money to bid for a rare copy of US constitution coming up for auction. They lost the bid but commentators think that the DAOs are the new trend. Expand DAO
Ans. Digital Autonomous Organisations
Compiled by G.Mohan
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