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Business Quiz Latest: August 18, 2024

One-Liner Questions

1. What is driving the growth in luxury goods consumption in India?
2. Are super-expensive cars experiencing demand growth in India?
3. How many luxury cars are expected to be sold in the Indian market this year?
4. What was the increase in luxury car sales in the top-end segment in 2023?
5. Has Lamborghini sold all its allocated cars for the Indian market?
6. What are the price ranges for Lamborghini models like Huracan, Urus, and Revuelto?
7. Which luxury brands, aside from Lamborghini, are experiencing robust growth in India?
8. How long is the waiting period for luxury models from Mercedes-Benz and Audi?
9. What is the price range for luxury models from Mercedes-Benz and Audi?
10. Which new sports car did Aston Martin recently launch in India?
11. What is the price of the newly launched Aston Martin Vantage in India?
12. What features does the Aston Martin Vantage boast?
13. Which legendary supercar inspired the design of Aston Martin’s Vantage?
14. How did BMW Group India perform in the January-June period?
15. By what percentage did BMW Group India’s car sales increase in the first half of the year?
16. Which vehicle model was BMW’s highest-selling luxury class model?
17. How much did BMW’s luxury class vehicle sales grow?
18. What percentage of BMW’s total sales did luxury class vehicles contribute?
19. Who is the President of BMW Group India?
20. What did Vikram Pawah say is driving the strong affinity for BMW vehicles?
21. What new cars did Audi launch under its Bold Edition in India?
22. What is the expected number of ultra-wealthy individuals in India by 2028 according to Knight Frank?
23. What was the number of ultra-wealthy individuals in India in 2023?
24. What is the definition of ultra-wealthy individuals according to Knight Frank?
25. Which car brands are mentioned as having a significant waiting period for their luxury models?
26. Which country’s headquarters allocated Lamborghini cars to the Indian market?
27. What types of cars contributed to BMW Group India’s strong performance in early 2024?
28. What role did electric cars play in BMW Group India’s sales growth?
29. Which car is described as having an unmistakable presence and a muscular physique?
30. What is the net worth threshold for being classified as an ultra-wealthy individual in the Knight Frank report?

Answers

1. The growth in luxury goods consumption in India is driven by a shifting generational mindset.
2. Yes, super-expensive cars are experiencing robust demand in India.
3. The Indian market is expected to see 1,200-1,300 luxury cars sold this year.
4. Luxury car sales more than doubled to 1,000 units in 2023 in the top-end segment.
5. Yes, Lamborghini has sold all the cars allocated for the Indian market.
6. The price range for Lamborghini models like Huracan, Urus, and Revuelto is Rs 5 crore-Rs 10 crore.
7. Ferrari, McLaren, and Aston Martin are also seeing robust growth in India.
8. The waiting period for luxury models from Mercedes-Benz and Audi is up to a year.
9. The price range for luxury models from Mercedes-Benz and Audi is Rs 2.5 crore to Rs 4.5 crore.
10. Aston Martin recently launched the new sports car ‘Vantage’ in India.
11. The price of the newly launched Aston Martin Vantage in India is Rs 3.99 crore (ex-showroom).
12. The Aston Martin Vantage boasts a muscular physique and an unmistakable presence.
13. The Aston Martin Vantage design is inspired by the legendary One-77 supercar.
14. BMW Group India posted a strong performance in the January-June period.
15. BMW Group India’s car sales increased by over 21 per cent in the first half of the year.
16. The BMW X7 was BMW’s highest-selling luxury class model.
17. BMW’s luxury class vehicle sales grew by over 17 per cent.
18. Luxury class vehicles contributed 18 per cent to BMW’s total sales.
19. Vikram Pawah is the President of BMW Group India.
20. Vikram Pawah attributed the strong affinity for BMW vehicles to their competitive edge in exclusive mobility, unmistakable driving pleasure, and best-in-class innovations.
21. Audi launched the Q3 and Q3 Sportback under its Bold Edition in India.
22. India is expected to see 19,908 ultra-wealthy individuals by 2028 according to Knight Frank.
23. In 2023, there were 13,263 ultra-wealthy individuals in India.
24. Ultra-wealthy individuals are those possessing a net worth exceeding $30 million.
25. Mercedes-Benz and Audi are mentioned as having significant waiting periods for their luxury models.
26. Lamborghini cars allocated to the Indian market come from its Italian headquarters.
27. Sports activity vehicles, luxury class, and electric cars contributed to BMW Group India’s strong performance.
28. Electric cars played a role in BMW Group India’s sales growth.
29. The Aston Martin Vantage is described as having an unmistakable presence and a muscular physique.
30. The net worth threshold for being classified as an ultra-wealthy individual in the Knight Frank report is $30 million.

Business Quiz Latest- August 8, 2024

One-Liner Questions:

1. What was the percentage hike in container logistics prices in the Indian shipping market in July due to geopolitical headwinds?
2. How did the Indian market respond to the high volatility in the Asian markets according to the report?
3. How many panchayats in India are now UPI-enabled?
4. Who mentioned that rural citizens can now make tax and non-tax payments digitally?
5. What impact has UPI technology had on rural farmers according to Dennis Francis?
6. How has the UPI technology influenced the growth of digital payments in India over the past 10 years?
7. What role does the Ministry of Panchayati Raj play in supporting the states, according to Professor S.P. Singh Baghel?
8. What does the RGSA scheme provide to the states for Panchayati Raj Institutions (PRIs)?
9. How many vehicles will be voluntarily recalled by BMW Korea, Hyundai Motor, and two other carmakers?
10. Which companies are involved in the recall of 172,976 units of 103 different models?
11. What is the government considering requiring EV manufacturers to disclose amid an EV scare?
12. What caused the massive fire that led to the consideration of new disclosure requirements for EV manufacturers?
13. What information are EV manufacturers currently required to provide about their vehicles?
14. What details are not mandatory for EV manufacturers to disclose as of now?
15. How much onion was exported by India during the first four months of the current financial year?
16. When did the government lift the onion export prohibition?
17. What is the minimum export price (MEP) set for onion exports after lifting the prohibition?
18. What is the export duty on onions set by the government?
19. How much was the net export value earned by India from onion exports in 2021-22?
20. What was the net export value earned by India from onion exports in 2022-23?
21. How much was the net export value earned by India from onion exports in 2023-24?
22. How much onion has the government procured for the price stabilization buffer in the current financial year?
23. Which state did the government majorly procure onions from for the price stabilization buffer?
24. How does the price realization by onion farmers in the current year compare to last year?
25. What is the primary aim of the Union Budget for 2024-25 according to Finance Minister Nirmala Sitharaman?
26. What changes did the Finance Minister confirm regarding the real estate indexation rules?
27. What amendment to the long-term capital gains (LTCG) regime did the Finance Minister refer to?
28. How does the Finance Minister describe the new tax regime compared to the old one?
29. Can individuals still choose between the old and new tax regimes according to the Finance Minister?
30. Who is the Union Minister of State for Consumer Affairs, Food and Public Distribution?

Answers:

1. 27 per cent.
2. The country displayed resilience.
3. More than 1.73 lakh panchayats.
4. Professor S.P. Singh Baghel, Union Minister of State for Panchayati Raj.
5. Rural farmers are now able to transact all their businesses on their smartphones.
6. The UPI has emerged as the preferred payment mode of the citizens.
7. The Ministry supplements the efforts of the states through Central Finance Commission Grants and Revamped Rashtriya Gram Swaraj Abhiyan (RGSA).
8. The RGSA scheme provides financial and technical support for capacity building and training (CB&T).
9. More than 172,000 vehicles.
10. BMW Korea, Hyundai Motor, Kia, and KGM Commercial.
11. Requiring the disclosure of information on car batteries.
12. A massive fire caused by a Mercedes-Benz vehicle.
13. Vehicle size, weight, maximum output, energy efficiency, and battery capacity.
14. The battery manufacturer or product name.
15. 2.60 lakh tons.
16. On May 4.
17. $550 per MT.
18. 40 per cent.
19. Rs 3,326.99 crore.
20. Rs 4,525.91 crore.
21. Rs 3,513.22 crore.
22. 4.68 lakh tons.
23. Maharashtra.
24. The price realization is much higher in the current year.
25. To simplify the tax regime and ensure equitable treatment of all asset classes.
26. Relaxation of the real estate indexation rules.
27. The new tax regime is simpler and offers more flexibility.
28. The new tax regime is simpler and gives more flexibility, but the old regime is still available.
29. Yes, individuals can choose between the two regimes.
30. B.L. Verma.

Business Quiz Latest- July 11, 2024

Questions

1. What is the international arm of the National Payments Corporation of India?
2. Which financial institution in the Middle East and Africa has NIPL signed an agreement with?
3. What payment system will be launched in Qatar through this agreement?
4. Who will benefit from UPI payment acceptance in Qatar?
5. How will UPI payments benefit merchants in Qatar?
6. Which Union Minister reviewed the progress in the sowing of kharif crops?
7. What did Shivraj Singh Chouhan direct officials to enhance the production of?
8. What goal is the Centre committed to achieving regarding pulse production?
9. What increase in the area of pulses cultivation was noted during the ongoing Kharif sowing this year?
10. Which organization warned users of multiple vulnerabilities in Node.js?
11. Which versions of Node.js are affected by these vulnerabilities?
12. How many consecutive months has Thailand’s consumer confidence fallen?
13. What was the consumer confidence index in June in Thailand?
14. What did the consumer confidence index drop from May to June?
15. Which Union Minister hailed a study by the State Bank of India regarding job creation?
16. How many jobs were created in the Indian economy during the fiscal years 2014-24?
17. What was the job creation figure in the period 2004-2014?
18. How many jobs did MSMEs register in the small-scale industry according to the Udyam portal?
19. What was the gross merchandise value clocked by the Government e-Marketplace at the end of the first quarter of 2024-25?
20. What was the quarter-on-quarter growth percentage over last year’s GMV in the same quarter?
21. Which state was adjudged as the best state in horticulture?
22. What award did Nagaland receive for its horticulture development?
23. Who received the award on behalf of Nagaland?
24. Which two Union Ministers were present at the Agriculture Leadership Conclave?
25. When were the annual Agriculture Leadership Awards instituted?
26. What three horticultural crops from Nagaland achieved GI registration?
27. How many Farmer Producer Companies were formed by the Department of Horticulture in Nagaland?
28. How many hectares were brought under organic certification in Nagaland?
29. What is the expected growth in IT spending in India in 2024?
30. What is the expected global growth in IT spending in 2024?
31. Which firm reported the increase in deal volumes in Q2 of 2024?
32. By what percentage did deal volumes increase from 69 to 75 in Q2 2024?

Answers

1. NPCI International Payments Ltd (NIPL)
2. QNB, the largest financial institution in the Middle East and Africa
3. QR code-based Unified Payments Interface (UPI) payments
4. Indian travelers visiting and transiting through Qatar
5. By offering a faster and more convenient payment and checkout process
6. Union Minister of Agriculture and Farmers Welfare, Shivraj Singh Chouhan
7. Pulses
8. Self-sufficiency in pulse production with 100% procurement for Urad, Arhar, and Masur
9. A 50% increase in the area of pulses cultivation, particularly for Tur and Urad
10. The Indian Computer Emergency Response Team (CERT-In)
11. Node.js versions prior to 18.20.4 (LTS), 20.15.1 (LTS), and 22.4.1 (Current)
12. Four consecutive months
13. 58.9
14. From 60.5 to 58.9
15. Union Minister for Petroleum and Gas, Hardeep Singh Puri
16. 12.5 crore jobs
17. About 2.9 crore jobs
18. About 20 crore
19. Rs 1.25 lakh crore
20. 136%
21. Nagaland
22. Agriculture Leadership Awards 2024 for best state in horticulture
23. Nagaland’s Minister for Women Resource Development and Horticulture, Salhoutuonuo Kruse
24. Union Minister for Road Transport and Highways, Nitin Gadkari, and Union Minister for Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan
25. 2008
26. Naga Mircha, Naga Tree Tomato, and Naga Sweet Cucumber
27. 13 Farmer Producer Companies
28. 6800 hectares
29. Close to 19%
30. About 8%
31. Grant Thornton Bharat
32. By 9%

Business Quiz Latest- April 21, 2024

Business Quiz Latest: One-Liner Questions:

1. Who is the Founder and CEO of OYO Rooms?
2. What is the ideal time for starting a business in India, according to Ritesh Agarwal?
3. What is causing a surge in the adoption of Generative AI in the Asia-Pacific region?
4. By what year is GenAI spending in the Asia-Pacific expected to reach $26 billion?
5. What was the net increase of EPFO members in February of this year?
6. How many new members enrolled in the EPFO during February?
7. What percentage of the new EPFO members were in the 18-25 age group?
8. How much funding did 37 startups in India secure this week?
9. How many startups raised funds last week in India?
10. How much funding did GPS Renewables secure?
11. What type of funding did Ecozen raise?
12. What percentage of Volkswagen’s Chattanooga plant workers voted to unionize?
13. What was the net profit increase for IREDA in the financial year ending March 31, 2024?
14. How much has IREDA reduced its net non-performing assets in FY 2023-24?
15. Where was Finance Minister Nirmala Sitharaman speaking on Saturday?
16. How much is the GST demand and penalty order against Zomato worth?
17. Who emphasized the importance of revering farmers and connecting with nature?
18. How many Chinese companies have been sanctioned by the US for missile-related supplies to Pakistan?
19. Why did Elon Musk cancel his trip to India?
20. What is the daily trading volume of gold in South Korea as of the last report?
21. What did Elon Musk say about the quality of content on the micro-blogging site X?
22. Who did Petroleum Minister Hardeep Singh Puri have a conversation with about oil market stability?
23. How many rooms does Welcomhotel Manali have?
24. What position has Pragya Misra been appointed to at OpenAI?
25. How much cargo did Adani Ports handle in FY24?

Business Quiz Latest: Quiz Answers:

1. Ritesh Agarwal.
2. Now is the ideal time.
3. A surge in GenAI adoption.
4. 2027
5. 15.48 lakh.
6. 7.78 lakh.
7. 56.36%.
8. About $310 million.
9. 21 startups.
10. $50 million.
11. A mix of debt and equity.
12. 73%.
13. 44.83% increase.
14. Reduced to 0.99%.
15. In Ahmedabad.
16. Rs 11.81 crore.
17. Sridhar Vembu.
18. Three.
19. Due to important upcoming Tesla events.
20. 16.9 billion won.
21. It is reducing due to bot operations.
22. Haitham Al-Ghais, the OPEC Secretary General.
23. 46 rooms and suites.
24. To lead public policy affairs and partnerships.
25. 420 million metric tonnes.

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Additional One-Liner Questions:

26. What significant growth did startups show in funding over the previous week in India?
27. What type of funding did GPS Renewables receive?
28. Who raised $30 million in a recent funding round?
29. Who confirmed the unionization vote at Volkswagen’s Chattanooga plant?
30. What was the rate of increase in IREDA’s net profit for the latest financial year?
31. What was the main topic discussed by Finance Minister Nirmala Sitharaman in Ahmedabad?
32. What are the components of the GST demand and penalty against Zomato?
33. What actions are being taken by the US against firms supplying missile-applicable items?
34. What are the reasons behind Elon Musk’s decision not to visit India?
35. What has triggered a sharp increase in gold trading volume in South Korea this month?

Additional Answers:

26. An increase from nearly $105 million to about $310 million.
27. Debt funding.
28. Ecozen.
29. The United Auto Workers (UAW) and the company.
30. A jump of 44.83%.
31. The government’s transformative economic policies and historical economic issues.
32. Rs 5.9 crore in GST demand and Rs 5.9 crore in penalties.
33. Sanctions have been imposed.
34. Upcoming Tesla quarterly results and issues such as negative growth in China.
35. Escalating tensions in the Middle East.

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