Weekly Business Quiz # 667

It is embarrassing to call this post a Weekly Business Quiz, when it is being posted well after a month. Rarely, have I been so slack in posting. Sorry to all my readers.

Q1. Charlie Munger Vice Chairman of Berkshire Hathaway was not as rich or as popular as Warren Buffett but still he had his own set of fans. What were they called and why ? Munger RIP
Ans. Groupies .. It is borrowed from the music industry where fans who enthusiastically follow and support a particular band or musician are often called groupies.

Q2. What % stake has Sajjan Jindal’s JSW group acquired in the car company MG Motor India ?

Ans. 35%

Q3. One of the much awaited IPOs is DOMS Jndustries..In which business is DOMS, a leader ?

Ans. Stationery products

Q4. Under what brand name is Coca Cola India launching its first alcoholic beverage in India by piloting in Goa and Maharashtra ?

Ans. Lemon-Dou

Q5. Who has taken over as the President of industry body FICCI ?

Ans. Anish Shah of Mahindra and Mahindra

Q6. In the context of social media and apps, what is age-gating ?

Ans. Restrict access to content, services, or products based on a user’s age.

Q7. In the recent stock market bull run, two more companies of the Tata group now have a market cap more than 1 lakh cr, taking the count to 6..Name the 6 Tata cos with market cap more than 1 lakh cr

Ans. Tata Consultancy Services, Tata Motors, Tata Steel, Tata Consumer Products Ltd , Trent and Tata Power

Q8. Which Indian two wheeler mfr is developing a CNG motorcycle , making it probably the first in the world when it is launched in 2025 ?

Ans. Bajaj Auto

Q9. The newly elected PM of Argentina Javier Milei has announced a large devaluation of Argentinian peso…After the devaluation, how many pesos will make a US $ ?

Ans. 800 pesos to a dollar

Q10. After Quintillion Business Media and NDTV, what media business has the Adani group bought a controlling stake in ?

Ans. India Abroad News Service

Q11. With acquisition of which company by Nippon Steel, the world’s second largest steel company will be created , second only to China Baowu Steel Group Corp ?

Ans. US Steel


Q12. Which Indian airline became the first to carry 100 million passengers in a year ?

Ans. IndiGo

Q13. With which apparel brand woild you associate the company Credo Brands Marketing Limited which is in the market with an IPO ?

Ans. Mufti

Q14. Name this tech company that had become a favourite app after the pandemic and its share price zoomed 400 % in 2020 but has now fallen out of favour and has been removed out of the NASDAQ 100 index too .

Ans. Zoom


Q15. The Economic Times Business Leader of the Year has been awarded to C K Venkataraman. With which company would you associate him ?

Ans. Titan

Q16. What is Jeff Bezos building that will last 10,000 years ? It is being designed by Computer scientist and inventor Danny Hills and is lixated inside a mountain in Texas..Bezos has invested 42 Mn $ of his personal wealth for this

Ans. A Mechanical Clock

Q17. Identify this career bureaucrat who is the Chairperson of the Competition Commission of India .

Ans. Ravneet Kaur

Compiled by G.Mohan
X handle IndiaBusinessQuiz@go_mohan


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