Business Current Affairs: November 26, 2024

Please follow and like us:

Introduction on Business Current Affairs

Business Current Affairs keeps you updated on the latest developments shaping industries and economies, including insights on technology, energy, and commerce.

Business Current Affairs: One-liner Questions and Answers

1. How many 5G subscriptions in India are projected by 2030?
   970 million 5G subscriptions are expected in India by 2030, making up 74% of all mobile subscriptions.
2. What is India’s current average smartphone data usage, and what is it expected to grow to by 2030?
   India’s average smartphone data usage is 32 GB per month, expected to rise to 66 GB by 2030.
3. What percentage of India’s population is expected to have 5G coverage by 2024?
   India is expected to achieve 95% 5G population coverage by the end of 2024.
4. What is the government’s initiative for semiconductor design in India?
   The government is providing thousands of students access to national chip design infrastructure through facilities like the ChipIN Centre.
5. How much are telecom tower companies in India projected to spend over fiscals 2025 and 2026?
   They are likely to spend ₹21,000 crore to expand rural networks and enhance urban services.
6. What was the total PC shipments in India during Q3 of this year?
   India’s traditional PC market shipped a record 4.49 million units in Q3.
7. What milestone did India achieve with the Riyadh Design Law Treaty?
   India signed the Final Act, reinforcing its commitment to intellectual property protection.
8. What clarification did Adani Green Energy provide regarding TotalEnergies?
   Adani Green clarified there were no new financial commitments under discussion with TotalEnergies.
9. What role did Shashikant Ruia play in Indian industry?
   As Essar Group’s co-founder, he transformed India’s corporate landscape with global business ventures.
10. How much did the Indian healthcare sector grow in Q2 of FY25?
    The sector grew by 17.6% year-on-year, driven by higher hospital occupancy rates.
11. What was India’s domestic air passenger traffic in October, and which airline led the market?
    It reached 1.36 crore passengers; IndiGo led with a 63.3% market share.
12. What recruitment milestone did Indian Railways achieve in the last decade?
    Indian Railways hired 5 lakh employees, surpassing the 4.4 lakh hired in the previous decade.

Business Current Affairs: Key Takeaways

1. India is poised to lead in 5G adoption, with significant growth by 2030.
2. The semiconductor sector is receiving robust support through initiatives like ChipIN Centre.
3. Telecom infrastructure investments are accelerating rural and urban connectivity improvements.
4. India’s PC market remains resilient, with record shipments in Q3.
5. Intellectual property commitments are strengthening India’s global industrial stature.
6. Shashikant Ruia’s legacy underscores innovation and global business expansion.
7. Healthcare sector growth is fueled by rising hospital occupancy and insurance contributions.
8. Air passenger traffic continues to surge, driven by IndiGo’s market dominance.
9. Indian Railways’ proactive hiring practices mark a decade of significant workforce expansion.
10. Data usage and digital infrastructure are set to transform India’s economic landscape.

Also Read: Quiz on Economy and Business

Business Quiz Questions with Answers 2024 India

Please follow and like us: