Business News Quiz # 1

Q1. The board of Starbucks removed the CEO Laxman Narasimhan and replaced him with Brian Niccol .From which company was he poached from ?

Ans. Chipotle Mexican Grill

Q2. Which Indian company is behind the hair care brand Roby that is becoming popular in countries like Argentina ?

Ans. Godrej Consumer Care Products Ltd

Q3. Which Indian company manufactures and markets the British brand BSA Goldstar 650 ?

Ans. Classic Legends, a company belonging to the Mahindra Group

Q4. In which global telecom company is Bharti Global acquiring a startegic 24.5% stake ?

Ans. British Telecom

Q5. Which auto major is a 40% shareholder in the EV unicorn Ather Energy that makes electric scooters ?

Ans. Hero Motocorp

Q6. Which old company of 1917 vintage has a D2C brand in the health and wellness category named Kapiva ?

Ans. Baidyanath

Q7.Paris Olympics 2024 will be having a beer sponsor for the first time in an Olympics. Which company is the sponsor ?

Ans. AB InBev

Q8. Which oil company has acquired Marathon Oil in a 17 B $ all stock deal ?

Ans. ConocoPhilips

Q9. As per the latest How India Swiggy’d report which is the most ordered dish on Swiggy ?

Ans. Biryani

Q 10. What is the dividend that RBI has announced it will pay to the Govt of India for 2023-24 ?

Ans. Rs 2.11 lakh crore

Q11. China has increasingly shifted away from US $ to its own RMB currency. It also does not use SWIFT as a channel for payments. It uses CIPS. Expand CIPS

Ans. Cross-border Interbank Payment System

Q 12. Lab Grown diamonds are becoming very popular. Limelight diamonds is a chain of jewellery outlets that sells lab grown diamonds based jewellery. If natural diamond costs 4-4.5 lakh per carat, what is the price of a carat of lab grown diamonds ?

Ans. About 1/10th of natural diamonds – Rs 40,000 to Rs 50,000

Q13. The doyen of modern Indian banking Narayanan Vaghul passed away recently. RIP. He became the youngest CMD of a nationalised bank. Name the bank.

Ans. Bank of India

Q14. Who has taken over as the President of Confederation of Indian Industry (CII) for 2024-25 ?

Ans. Sanjiv Puri, MD of ITC

Q15. Which growing and popular men’s apparel brand is owned by the company Radhamani Textiles ?

Ans. Rare Rabbit

Q16. Growth of deployment of which technology has stolen the thunder from Point of Sale (POS) terminals being used for debit card payments in India during the last 1 year ?

Ans. QR code based UPI transactions

Q17. Which chain of fast fashion apparel stores are run in India by the Spanish- Indian JV Inditex Trent ?

Ans. Zara

I used to post a Weekly Business Quiz regularly. I did post 668 of them . Due to some personal reasons I have been lax in posting them. Last I posted in March this year. I am really sorry that I did not post any after that.

I hope to keep posting Business Quizzes in this site. I am not able to commit it will be one every week. So I am starting a new numbering under the name Business News Quiz. The format will be similar, except that I will post them when I have sufficient number of 10 questions.

Compiled by

G.Mohan Follow on X IndiaBusinessQuiz@go_mohan

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