Weekly Business Quiz # 651

Question # 1

The Times Group has announced that it is getting divided between the two brothers Samir and Vineet Jain.. In 1948, another split had happened between Jains and another family. That family continues to be in business. Name the other family.

Question # 2

After some initial confusion, govt has clarified that the new rule regarding 20 % Tax Collection at Source rule on credit card/debit card expenses abroad by Indian citizens is not for small expenses under the LRS. Upto what amount in a year is the TCS rule not applicable ?

Question # 3

RBI paid a large amount as surplus to its owner,the Govt of India. What is the amount ?

Question # 4

RBI has announced that the currency notes of Rs 2000 denomination is being withdrawn from circulation. Till what date can citizens having the Rs 2000 notes can exchange it with banks ?

Question # 5

Metercube is the brand name for a range of home decoratives & furniture from big name real estate group. Name the group

Question # 6

Which auto company has launched a small 2 door EV named COMET with a 3-60 plan , that promises to buy back the car at 60% price after 3 years ?

Question # 7

Air Tag is a product from Apple that helps in tracking lost items..It is one of the lowest priced Apple product. In Android also similar products are available. .Why have Apple and Google set up elaborate systems to collaborate on this product ?

Question # 8

On 13th May , Star Air , an air charter service has started a Bengaluru- Hyderabad Jamnagar service using Embraer aircraft. Which group owns Star Air ?

Question # 9

In an era of high inflation and job cuts, many middle class consumers shift from Premium to Popular and Popular to Discount category of various FMCG goods. What is the term and jargon for such behaviour ?

Question # 10

Flagship store of which jewellery brand now owned by LVMH opened at Manhattan, New York after a 4 year makeover ?

Question # 11

Google in its recent I/O announced that Google Bard will be available in 180 countries. It has capabilities in 40 languages. Which is the first Indian language to be launched ?

Question # 12

Elon Musk has announced that Twitter will have a new CEO Linda Yaccarino who will join in 6 weeks. What position will Musk hold once she takes over ?

Question # 13

With AM Naik deciding to retire as the Non Exec Chairman of Larsen and Toubro, who will be the CMD of the company from October 1, 2023 ?

Answers

  1. Dalmia.. Till 1948 they were called the Dalmia-Sahu Jain Group
  2. Rs 7 lakhs per annum
  3. Rs 87,416 crore
  4. September 30, 2023
  5. Sobha Developers
  6. MG
  7. Apple and Google are working together to limit #AirTag stalking. This collaboration would alert users if an unknown Bluetooth tracker is traveling with them, no matter what kind of phone they have
  8. Sanjay Ghodawat Group
  9. Downtrading
  10. Tiffany’s
  11. Bengali
  12. Chief Technology Officer
  13. SN Subrahmanyan

Compiled by

G.Mohan

Twitter IndiaBusinessQuiz@go_mohan

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