Weekly Business Quiz # 626

India

Q1. After the elevation of Varun Berry as Vice Chairman and MD of Britannia , who has been appointed CEO ?

Ans. Rajneet Kohli

Q2. How many companies of the Tata Group are being merged into Tata Steel ?

Ans. Seven . They are Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks, TRF, The Indian Steel & Wire Products, Tata Steel Mining and S&T Mining Company.

Q3. Against which brand or company has Tata won an order restraining the other company from the use of Tata brand or logo in their communication ?

Ans. Cryptocurrency firm – Hukunamatata for online trading “ Tata Coins “

Q4. Which IT services major has sacked 300 of their employees who were moonlighting with their competitors ?

Ans. Wipro Ltd

Global

Q5. In Forex trade , what is referred to as a “Cable” and why ?

Ans. Cable is the the trade information on the Great Britain Pound (GBP) – US Dollar (USD) exchange rate. It was the first piece of financial information exchanged through the Transatlantic Cable when it was set up in 1866.

Q6. After the recent meeting of the Federal Reserve , the US Fed has announced a hike in the interest rates from September 22. What is the hike this time ?

Ans. 75 bps or 0.75 %

Q7. Intel has withdrawn its desktop processor brands Celeron and Pentium. What is the new brand that has replaced them?

Ans. Intel Processor

Compiled by

G.Mohan Twitter IndiaBusinessQuiz@go_mohan

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