Q 1. Morbi in Gujarat was the town known for being the hub of clocks manufacturing, now which industry overshadows the clock industry in Morbi ?
Ans. Ceramic Tiles
Q 2. In the 3 way merger between Bank of Baroda, Vijaya Bank and Dena Bank which bank’s equity will get expanded by issuing shares to the other banks’ shareholders ?
Ans. Bank of Baroda shares will be issued to shareholders of Vijaya Bank and Dena Bank
Q3. Which Indian banker calls the late Ramakant Achrekar his cricket guru ? He had to leave cricket after a head injury ?
Ans. Uday Kotak
Q4. Under what section of Companies Act, did NCLT allow govt of India to open the financial accounts of last 5 years of ILFS and subsidiaries ?
Ans. U/s 130 of the Companies Act
Q5. For a brief time last week which Indian conglomerate’s market capitalisation became the highest, surpassing the Tata Group ?
Ans. HDFC Group
Q6. SEBI has approved side-pocketing in mutual funds. What does it mean ?
Ans. Separation of bad or risky assets into a separate scheme in debt mutual funds
Q7. The new e-commerce policy announced by govt will benefit whom the most ?
Ans. The new policy is expected to benefit the offline retailers most
Q8. In which state are 15 miners trapped inside a coal mine since December 13 ?
Q9. Which company will be assembling iphones in India in 2019 on behalf of Apple ?
Ans. Foxconn in Tamil Nadu
Q 10. Cabinet has cleared the Gaganyaan project in which 3 Indians will go to space by 2022. What is the budget ?
Ans. Rs 10,000 crore
Q 11. In the year 2018 which asset class would have given you the best return ?
A. Equity B. Gold C. Debt MFs D. Bank FDs
Ans. Bank FDs
Q 12. Hyundai will launch a sporty premium hatchback named Veloster next year. How many doors would it have ?
Ans. 3 doors . One big door on driver side and 2 on the other side
Q 13. Who has been appointed by govt to head the committee to make the Economic Capital Framework of RBI ?
Ans. Bimal Jalan, former RBI Governor
Q 14. HUL is facing charges of profiteering under GST. What is profiteering in the context of GST ?
Ans.T he benefits of GST Rate cut are not passed on to the consumers.
Q 15. In which category is the company Studds Accessories Ltd a market leader in India ?
Q 16. In what business is the Beijing based BITMAIN ?
Ans. Cryptocurrency chips
Q 17. Name the Indian American who is slated to take over as the President and CEO of Federal Express worldwide from January 2019
Ans. Rajesh Subramaniam
Q 18. Who has replaced Hillary Clinton as the most admired American woman in the Gallup poll of Americans ?
Ans. Michelle Obama
Q 19. Identify this airline industry icon who passed away at 87 recently . RIP
Ans. Herb Kelleher of South West Airlines
Q 20. Name this 90 year old Canadian billionaire who started life as a used car salesman and runs a string of John Deere dealerships now and other businesses. He still drives his own pick-up truck.
Ans. Jim Pattison
Q 21. Cambridge dictionary has selected ‘nomophobia’ as the word of 2018. It means ‘fear’ of ?
Ans. Nomophobia is the irrational fear of being without your mobile phone or being unable to use your phone for some reason, such as the absence of a signal or running out of minutes or battery power.
Q 22. When a company’s share price is ‘under water’ what does it mean ?
Ans. When the share price falls below the IPO price at which it was issued
- Compiled by G.Mohan Twitter @go_mohan