Quiz on Economy and Business- August 22, 2024
One-liner Questions
- What market is consistently delivering double-digit growth in Asia-Pacific according to NielsenIQ?
- Which segments in India are showing double-digit growth as per the NIQ report?
- What does the NIQ report say about the resilience of modern trade despite inflationary pressures?
- What percentage of urban Indian shoppers look up a product online but purchase it in-store, according to NIQ?
- How much did FMCG sales in modern trade increase in urban India from March 2023 to March 2024?
- What was the growth percentage for tech and consumer durables sales in modern trade from March 2023 to March 2024?
- What drives 20 per cent of incremental sales for FMCG and 60 per cent for tech and consumer durables in modern retail?
- Which categories lead the charge in incremental sales during festivals according to the report?
- What is the contribution of the premium-plus price segment to FMCG sales?
- What percentage of consumer durables sales are driven by the premium-plus price segment?
- What trend does Sonika Gupta of NIQ highlight about new product launches in modern trade?
- How much faster are sales of smaller packs growing compared to large packs?
- What is the impact of private labels and small players on the modern trade environment?
- How many items are now accommodated on shelves in the competitive modern trade environment?
- Which categories are showing a trend of growth across both food and non-food segments?
- What opportunity do smaller packs offer brands in modern trade?
- What strategic steps must businesses take to stay competitive in modern trade?
- How can brands leverage modern trade’s consistent double-digit growth according to the report?
- What major business sale did Paytm announce on Wednesday?
- What is the value of the entertainment ticketing business Paytm is selling to Zomato?
- How many employees will be transferred to Zomato from Paytm’s entertainment ticketing business?
- Which subsidiaries will receive the transfer of Paytm’s entertainment ticketing business?
- What did Finance Minister Nirmala Sitharaman ask the Income Tax Department officials to do regarding tax notices?
- On what occasion did Finance Minister Nirmala Sitharaman address the Income Tax Department?
- What specific language change did FM Sitharaman request in tax notices?
- What does FM Sitharaman want the tax officials to ensure about the experience of filing tax returns?
- What is the expected timeline for the introduction of a new Tax Code or Income Tax Act?
- What three goals will be kept in mind in the new Tax Code as mentioned by FM Sitharaman?
- What improvement did FM Sitharaman suggest regarding the issuance of tax refunds?
- How many ITRs were received from first-time tax filers according to FM Sitharaman?
- What percentage of taxpayers have moved to the new and simpler tax system as stated by the Finance Minister?
Answers
- India is the only market consistently delivering double-digit growth in Asia-Pacific.
- The FMCG, tech, and consumer durables segments.
- Modern trade has shown resilience with double-digit volume growth continuing despite price fluctuations.
- 41 per cent of urban Indian shoppers look up a product online but purchase it in-store.
- FMCG sales in modern trade increased by 2 per cent.
- Tech and consumer durables sales grew by 4 per cent.
- Festivals drive 20 per cent of incremental sales for FMCG and 60 per cent for tech and consumer durables.
- Toothpaste, soap, and washing powder lead the charge in incremental sales.
- The premium-plus price segment drives almost 40 per cent of FMCG sales.
- 30 per cent of consumer durables sales are driven by the premium-plus price segment.
- Many new product launches in modern trade are in the premium-plus space.
- Sales of smaller packs are growing at twice the rate of large packs.
- The increase in private labels and small players is contributing to a more competitive modern trade environment.
- More than 78,000 items are now accommodated on shelves.
- The trend of growth is evident across both food and non-food categories.
- Smaller packs offer brands the opportunity to optimise their existing assortment for higher ROI.
- Businesses must strategically optimise their product assortment to stay competitive.
- Brands can leverage modern trade’s consistent double-digit growth to secure a stronger foothold.
- Paytm announced the sale of its entertainment ticketing business.
- The entertainment ticketing business is valued at Rs 2,048 crore.
- 280 employees will be transferred to Zomato.
- Orbgen Technologies Pvt Limited and Wasteland Entertainment.
- FM Sitharaman asked officials to simplify the language of tax notices.
- On the occasion of the 165th year of the Income Tax Department.
- FM Sitharaman requested to avoid using “threatening language” in tax notices.
- The experience should be equally good on the first and last day of filing returns.
- Within six months.
- The goals are seamless, painless, and faceless.
- FM Sitharaman suggested that refunds should be issued sooner.
- 58.57 lakh ITRs were received from first-time tax filers.
- 72 per cent of all taxpayers have moved to the new and simpler tax system.
Quiz on Economy and Business: July 16, 2024
Questions
- Where are the boots for the Russian Army manufactured?
- Which company in Hajipur is producing safety shoes for the Russian military?
- When was Competence Exports Pvt. Ltd. founded?
- What is the main focus of the Union Budget according to the CareEdge Ratings report?
- What sectors might see an increase in PLI allocation to aid job creation?
- How has the allocation under major PLI schemes changed in FY25?
- What is the expected capex target for FY25 according to CareEdge Ratings?
- By how much did global PC shipments grow in the second quarter this year?
- What is the most popular topic in the PC industry?
- Which platforms are triggering the first wave of the AI laptop boom?
- Which upcoming AI platforms are expected to drive the popularity of AI PCs in the second half of Q3 2024?
- What program did the PepsiCo Foundation and Quaker release a report on?
- What were the findings of the ‘Building A Healthier Tomorrow’ report regarding children’s growth parameters and appetite?
- What is the goal of the Quaker ‘Bowl of Growth’ program launched in 2023?
- Which company selected Waaree Renewable Technologies Limited for the solar project in Maharashtra?
- Where will the solar project by Waaree Renewable Technologies Limited be located?
- Who has been appointed as the Chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA)?
- When will Manoj Saunik take over as the Chairman of MahaRERA?
- What is Manoj Saunik’s current role before his appointment as MahaRERA Chairman?
- Who commented on Eric Garcetti’s adoption of Indian culture?
- What did Eric Garcetti do at the Adani Group’s Khavda Renewable Energy Facility?
- Who is the Secretary of the Department of Consumer Affairs?
- What did Nidhi Khare tell the Retailers Association of India regarding the prices of Chana, Tur, and Urad?
- What did Nidhi Khare suggest about the difference between wholesale and retail prices?
Answers
- The boots for the Russian Army are manufactured in Bihar.
- Competence Exports Pvt. Ltd. in Hajipur is producing safety shoes for the Russian military.
- Competence Exports Pvt. Ltd. was founded in 2018.
- The Union Budget will focus on supporting consumption via higher allocation for the rural economy, welfare schemes, and agriculture.
- Sectors like textiles, leather footwear, and toys might see an increase in PLI allocation to aid job creation.
- The allocation under major PLI schemes has grown significantly in FY25.
- The expected capex target for FY25 is Rs 11.1 lakh crore.
- Global PC shipments grew 3.1 per cent in the second quarter this year.
- AI PCs remain the most popular topic in the PC industry.
- Laptops with Qualcomm’s Snapdragon X platform are triggering the first wave of the AI laptop boom.
- The upcoming AMD Ryzen AI 300 and Intel Lunar Lake are expected to drive the popularity of AI PCs in the second half of Q3 2024.
- The PepsiCo Foundation and Quaker released a report on the Quaker ‘Bowl of Growth’ program.
- The ‘Building A Healthier Tomorrow’ report found that 89% of children experienced improved or stable growth parameters and 95.6% of mothers and caregivers reported an increase in their children’s appetite.
- The goal of the Quaker ‘Bowl of Growth’ program is to uplift community health by supporting 1,000 malnourished children aged 3-5 in Pune district, Maharashtra.
- ISMT Limited selected Waaree Renewable Technologies Limited for the solar project in Maharashtra.
- The solar project by Waaree Renewable Technologies Limited will be located at Helas village in Maharashtra’s Jalna district.
- Manoj Saunik has been appointed as the Chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA).
- Manoj Saunik will take over as the Chairman of MahaRERA on September 20.
- Manoj Saunik is currently the Principal Advisor to the Chief Minister.
- Gautam Adani commented on Eric Garcetti’s adoption of Indian culture.
- Eric Garcetti visited the Adani Group’s Khavda Renewable Energy Facility and learned about how the company is helping India advance towards its zero-emissions goals.
- Nidhi Khare is the Secretary of the Department of Consumer Affairs.
- Nidhi Khare told the Retailers Association of India that while wholesale prices of Chana, Tur, and Urad had declined by up to 4 per cent, the retail prices have not seen a similar decline.
- Nidhi Khare suggested that the difference between wholesale and retail prices indicates that retailers are deriving higher profit margins.
Quiz on Economy and Business- April 13, 2024
Questions
- What is the name of the event being held by the Gem Jewellery Export Promotion Council?
- How many buyers are attending the IGJS in Jaipur?
- From how many countries have the buyers come for the IGJS?
- In which cities is the IGJS held annually?
- What was the increase in India’s foreign exchange reserves for the week ended April 5?
- How much did India’s gold reserves increase by during the latest week?
- What did RPG Enterprises Chairman Harsh Goenka discuss on the social media platform X?
- What is the growth rate of India’s industrial output in February?
- By how much did the manufacturing sector grow during the same month?
- What is the new low for India’s consumer price inflation in March?
- What target is close to the current retail inflation according to the RBI?
- What framework did the Telecom Regulatory Authority of India release recommendations for?
- How many employees did Tata Consultancy Services lose during FY24?
- When is Qualcomm’s flagship developer conference scheduled?
- What vulnerabilities did CERT-In warn about in Microsoft products?
- What is the starting price of Infinix’s new smartphone series?
- How long does it take to charge the new electric three-wheeler launched in India?
- What does Ashneer Grover’s new app ZeroPe offer?
- For how many years has Jindal Global Law School been ranked No. 1 in India?
- What serious health issues did Kunal Bahl face after taking protein supplements?
- What sector does PM Modi encourage as a career for youth?
- What was the price per 10 grams for gold futures on MCX for June 5 delivery?
- What criticism did Elon Musk express about Meta’s advertisement metrics?
- Which South Korean company joined the global AI consortium?
- What was the price of gold per ounce in the international market on the mentioned date?
- What key technology areas did Harsh Goenka highlight for CEOs?
- How much did the mining sector’s production increase in February?
- What was the electricity generation growth rate in February?
- What issues has the Indian aviation industry been facing?
- How many developers are expected at Qualcomm’s conference?
Answers
- The International Gem & Jewellery Show (IGJS).
- 250 buyers.
- 27 countries.
- Dubai and Jaipur.
- $2.98 billion.
- $2.398 billion.
- Key priorities of CEOs in the new tech era.
- 5.7 percent.
- 5 percent.
- 4.85 percent.
- 4 percent.
- Regulatory sandbox framework.
- 13,249 employees.
- April 17.
- Information disclosure, bypassing security restrictions, and causing denial-of-service (DoS) conditions.
- Rs 19,999.
- 15 minutes.
- Instant pre-approved medical loans of up to Rs 5 lakh.
- 5 years.
- Serious health problems.
- E-gaming industry.
- Rs 72,423.
- Meta does not share actual advertisement metrics.
- Kakao.
- $2,395.29.
- Integrating generative artificial intelligence into business operations, empathy, humanity, adaptability.
- 8 percent.
- 7.5 percent.
- Supply chain challenges and engine failures.
- More than 150 developers.
Related Tweets:
Quiz on Economy and Business- March 30, 2024
Questions
- Who collaborated with the Mukesh Ambani-led Reliance Industries Limited?
- What percentage stake did Reliance Industries pick up in Adani Group’s power plant?
- How much renewable energy capacity does India plan to add by 2030?
- What was the special session on the second day of the G20 Employment Working Group meeting dedicated to?
- Which country has shown signs of stagnation in EV sales since the beginning of 2024?
- What are the three factors Goldman Sachs cited for slowing EV sales momentum?
- What is the base-case scenario for EV sales volume in 2024?
- How much did India’s foreign exchange reserves rise to as of March 22?
- What caused the foreign exchange reserves to increase?
- What allegation did the Federation of Indian Pilots make against the DGCA?
- What age was Hyosung Group Honorary Chairman Cho Suck-rai at the time of his death?
- What chronic condition was Cho Suck-rai suffering from?
- Where did Anand Mahindra start his career?
- What did Elon Musk say about the public’s appreciation of manufacturing?
- Who issued show-cause notices to several startups?
- What was the GMV of the Government e-Marketplace for the 2023-24 financial year?
- What award did Deepak Parekh receive?
- What was the outcome of Byju’s extraordinary general meeting?
- How much did complaints against AliExpress in South Korea increase in 2023?
- What average pay raise did Samsung’s workers agree to for the year?
- What must wheat traders in India do starting April 1?
- What legal action is Startupwala Private Limited taking against Google India?
- For how many counts of conspiracy and fraud was Sam Bankman-Fried sentenced?
- When will the RBI’s facility for exchanging Rs 2000 banknotes resume?
- What percentage of the Rs 2000 banknotes were returned to the banking system as of March 1, 2024?
- What percentage of the revised annual estimate is India’s fiscal deficit during the first 11 months of 2023-24?
- What major collaboration did Wipro announce?
- What percentage of YouTube creators in the Partner Programme are now earning with Shorts?
- What new revenue streams are available to creators who joined YPP through Shorts?
Answers
- Adani Group headed by Gautam Adani.
- 26 per cent.
- 500,000 MW.
- The follow-up of the implementation of commitments made during India’s G20 presidency.
- Europe.
- EV capital costs, poor visibility on government policy, and a shortage of rapid-charging stations.
- Rise 21 per cent year-over-year.
- $642.63 billion.
- Largely due to the value of the gold reserves.
- That the DGCA amended the regulation for ‘Consecutive Night Operation’ without consultation.
- 89
- A chronic ailment.
- On the shop floor of an auto plant.
- Manufacturing is underappreciated by the public.
- Punit Shah, Partner, Dhruva Advisors.
- Rs 4 lakh crore.
- JKLU Laureate awardee.
- The rights issue was raised without any hassles.
- Nearly tripled.
- 5.1 per cent.
- Declare their stock position on the official portal.
- Invoking Section 9 of the Arbitration and Conciliation Act, 1996, against Google India.
- 25 years.
- April 2.
- 97.62 per cent.
- 86.5 per cent.
- A collaboration with the Indian Institute of Science (IISc) for an MTech course in AI.
- More than one in four.
- Long-form advertising, fan funding, YouTube Premium, BrandConnect, Shopping, and more.
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Additional Questions
- What initiative did the G20 countries discuss to benefit developed, developing, and least-developed nations?
- What is the expected trend for electric vehicle sales in 2024 despite the slowdown?
- By how much did the value of gold reserves increase in the reporting week?
- What major role did Cho Suck-rai play in South Korea’s industry?
- What theme did Elon Musk highlight about the public’s understanding of manufacturing versus invention?
- What financial achievement did the Government e-Marketplace reach in the 2023-24 fiscal year?
- What has India’s political stability contributed to in terms of economic performance?
- What was the primary purpose of Byju’s extraordinary general meeting?
- What issue has seen a significant increase in complaints in South Korea involving AliExpress?
- What new benefit did Samsung introduce for its employees this year?
- How often must wheat traders update their stock position on the official portal?
- What specific legal demand is Startupwala Private Limited making against Google India?
- How long will Sam Bankman-Fried’s consecutive sentences last?
- What significant step has the RBI taken regarding Rs 2000 banknotes?
- What is India’s fiscal performance in the first 11 months of the 2023-24 fiscal year as a percentage of the revised annual estimate?
- How is Wipro addressing the skill gap in AI and related technologies?
- What new opportunity has YouTube’s Shorts provided for creators in its Partner Programme?
Additional Answers
- Work for the incorporation of basic and extended indicators in respective national surveys for mapping global skills gaps.
- EV sales volume is still expected to rise by 21% year-over-year.
- $347 million.
- Shaping South Korea’s heavy chemical industry and establishing Hyosung as a global business entity.
- The difficulty and underappreciation of reaching high-volume, positive-margin production compared to creating prototypes.
- A Gross Merchandise Value (GMV) of Rs 4 lakh crore, doubling the previous fiscal year’s figure.
- Maintaining the fastest-growing GDP rates among major economies.
- To raise capital via the rights issue.
- The number of complaints against AliExpress nearly tripled in 2023.
- Extending maternity leave.
- Every Friday until further orders.
- To reinstate all the company’s digital advertisements disapproved or marked as ‘Limited’.
- 25 years.
- Accepting Rs 2000 banknotes for depositing into bank accounts and clarifying they remain legal tender.
- 86.5% of the revised annual estimate.
- Offering an online Master’s in Technology (MTech) course in artificial intelligence in collaboration with the Indian Institute of Science (IISc).
- More than 25% of channels in the YouTube Partner Programme are now earning through revenue sharing on Shorts, opening doors for earning through other monetization features on the platform.
Quiz on Economy and Business- March 16, 2024
Questions:
- What is the main aim of the new electric vehicles (EV) manufacturing policy announced by the Central government?
- Who is the President of the Automotive Component Manufacturers Association of India (ACMA)?
- Which organization ordered a probe into the Google Play Store?
- What allegations were made against Google by the CCI?
- Which trademark was cancelled by the Delhi High Court?
- Who is famously known as Dolma Aunty?
- What advice did Kapil Dev give to Gazal Alagh?
- By how much did India’s foreign exchange reserves increase for the week ended March 8?
- What caused a surge in India’s merchandise exports in February?
- What has been a significant issue highlighted by the Cellular Operators Association of India (COAI)?
- Which company’s stocks were majorly sold off after a price cut in petrol and diesel?
- What is the Indian manufacturing sector shifting towards, according to experts?
- What does the ‘Electric Mobility Promotion Scheme 2024’ aim to encourage?
- What restrictions were placed on Paytm Payments Bank by the RBI?
- What did Vinod Nair say about market sentiments?
- What significant event did Prime Minister Narendra Modi witness at Kalpakkam?
- What is the main outcome of the MoU between Nasscom and Business NSW?
- How much has been approved for the development of the ropeway between Ujjain Junction Railway Station and Mahakaleshwar Temple?
- What minimum investment does the new EV policy fix for foreign companies?
- What are the key changes for Paytm users following the RBI’s restrictions on PPBL?
- How much total revenue did Indian Railways earn so far during the current financial year?
- What record did Indian Railways achieve in terms of freight loading?
- How many passengers travelled on India Railways during 2023-24?
- What is the total expenditure of Indian Railways in FY 2023-24?
- What new track laying record did Indian Railways achieve in the current financial year?
Answers:
- To attract global players to India and stress domestic value addition.
- Shradha Suri Marwah.
- The Competition Commission of India (CCI).
- Imposing unfair terms and discriminatory practices in its Play Store.
- “Dolma” trademark.
- Dolma Tsering.
- One must play for passion, and not just to win.
- $10.47 billion.
- Engineering goods, electronic goods, organic & inorganic chemicals, drugs & pharmaceuticals, and petroleum products.
- The theft of active telecommunications equipment.
- Oil and Gas stocks index; specifically mentioned are HPCL, IOC, and BPCL.
- Automation and cyber-physical systems powered by advanced technologies.
- Incentivising the adoption of electric mobility.
- Users will not be able to top up or add to their Paytm FASTag balance after midnight on Friday.
- Cautiousness towards mid and smallcaps continued to drag the market sentiments down.
- The start of fuel loading in the Prototype Fast Breeder Reactor (PFBR).
- Accelerated access to each other’s markets, promoting greater collaboration.
- Rs 188.95 crore.
- Rs 4,150 crore (∼USD 500 million).
- Savings bank or current account holders with PPBL will not be able to deposit money into their account.
- Rs 2.4 lakh crore.
- 1500 million tonnes freight loading.
- 648 crores.
- Rs 2.26 lakh crores.
- 5100 km of new tracks.
Related Tweets:
Additional Questions:
- What significant step does the EV policy mark according to ACMA President, Shradha Suri Marwah?
- How long has the CCI’s investigative arm been given to complete the probe into Google Play Store’s practices?
- What year did Dolma Aunty begin selling momos in the national capital?
- What was the advice Kapil Dev gave to Gazal Alagh regarded as?
- What is the value of India’s foreign exchange reserves as of the week ended March 8?
- Which region’s disruption was overcome by India’s merchandise exports in February?
- What types of telecommunications equipment have seen a rise in theft?
- What was the immediate market reaction to the OMCs slashing petrol and diesel prices?
- What event did the Nasscom CoE conclude with, and what was its focus?
- Under the new EV scheme, what is the timeline for setting up manufacturing facilities in India?
Additional Answers:
- Another significant step towards accelerating the adoption of cutting-edge technology and fostering innovation in India’s automotive sector.
- 60 days.
- 1994
- Invaluable.
- $636.1 billion.
- The Houthi attacks in the Red Sea region.
- Radio Remote Units (RRUs) and Baseband Units (BBUs).
- Major selling in the oil and gas stocks index.
- The Smart Manufacturing Accelerator Programme (SMAP), focusing on automation and cyber-physical systems.
- 3 years for setting up manufacturing facilities and starting commercial production of EVs.
Quiz on Economy and Business- February 13, 2024
One-liner Questions: Quiz on Economy and Business
- What has Adani Electricity Mumbai Ltd launched for its consumers?
- What does the Network Operations Centre (NOC) in Powai enable?
- Which FCC commissioner sought a probe into Apple over the Beeper Mini app?
- What was the gross merchandise value registered by GeM in 11 months of the current financial year?
- Who conceptualised GeM and for what purpose?
- In which countries were UPI services launched by Prime Minister Narendra Modi?
- What percentage of India’s digital transactions is facilitated by UPI?
- What was the closing figure of Sensex on Monday?
- What was India’s retail inflation rate in January this year?
- What scheme’s outlay has been enhanced to boost electric vehicle adoption in India?
- How did the Pakistan Stock Exchange perform on a specific Monday?
- What did RBI Governor Shaktikanta Das say about the fintech sector?
- How does the Shanghai composite index’s performance compare to Nifty since 2010?
- How many aerobridges does Chennai Airport terminal complex have?
- What will Astrotalk use its Series A funding for?
- Why did DGCA review its runway safety measures?
- What plan did EaseMyTrip announce related to Ayodhya?
- What is the purpose of Hyderabad Angels’ maiden venture capital fund?
- What does FICCI Cascade focus on?
- What does FICCI’s quarterly survey reveal about India’s manufacturing sector?
One Liner Answers: Quiz on Economy and Business
- The country’s first state-of-the-art Advanced Distribution Management System.
- It can locate a power disruption within seconds before it leads to a large power outage.
- Brendan Carr.
- Rs 3 lakh crore.
- PM Narendra Modi, to foster ‘Minimum Government, Maximum Governance’ through digital platforms.
- Sri Lanka and Mauritius.
- Over 40%.
- 71,072.49 points.
- 5.1%.
- FAME India Phase II, from Rs 10,000 crore to Rs 11,500 crore.
- It fell by over 2,200 points or 3.55%.
- The central bank is supportive of the fintech sector but committed to protecting customer interests and ensuring financial stability.
- The Shanghai composite index had no return in the last 14 years, while Nifty multiplied more than four times.
- 13 aerobridges, with one additional for wide-bodied long haul aircraft under construction.
- For strategic acquisitions, expansion in international markets, solidifying new business verticals, and hiring senior leadership roles.
- Following an incident where a Japan Airlines aircraft collided with a Coast Guard plane.
- To build a luxury five-star hotel in Ayodhya near the Sri Ram Mandir.
- To invest in 20 disruptive startups that can scale with technology and AI.
- Raising awareness about smuggling activities and initiating dialogues on how it can be tackled.
- A sustained and continued period of growth for the manufacturing sector in the last quarter of the financial year 2023-2024.
Related Tweets:
Quiz on Economy and Business- January 31, 2024
One-Liner Questions: Quiz on Economy and Business
- How much did Google spend on severance and other expenses due to layoffs last year?
- What is Google’s planned expenditure on employee severance charges for the first quarter of this year?
- What was Alphabet’s revenue for the full year 2023?
- What percentage increase did Alphabet’s revenue see in 2023 compared to 2022?
- Which Indian state has launched Caravan Tourism in partnership with Motohom?
- What is the main aim of Uttar Pradesh’s Caravan Tourism initiative?
- How many National Highway road projects did Nitin Gadkari lay the foundation for in Madhya Pradesh?
- What is the total worth of the road projects initiated in Madhya Pradesh?
- What did Gadkari say about Madhya Pradesh’s progress in transportation?
- What percentage of profits is Nuziveedu Seeds Limited investing in research and development?
- How much annual revenue growth does Nuziveedu Seeds Limited have?
- Who congratulated Young Liu on receiving the Padma Bhushan?
- Which Chief Minister invited Young Liu to visit their state?
- What did the IMF forecast for the global economy recently?
- What is the IMF’s growth forecast for the Indian economy for 2024 and 2025?
- Why did Bayer’s shares plummet recently?
- What was the percentage decrease in Bayer’s shares over three months?
- In which year and by whom was NSL founded?
- How much funding did Kore.ai announce recently?
- Who led the funding round for Kore.ai?
- What complaint did Air India’s pilots’ unions lodge with the DGCA?
- What are the flight duty time limitations (FDTL) meant for?
- How much net profit did Indian Oil Corporation announce for Q3 of FY 2023-24?
Answers: Quiz on Economy and Business Questions
- Google spent $2.1 billion on severance and other expenses.
- Google plans to spend another $700 million on employee severance charges.
- Alphabet posted revenues of $307 billion for 2023.
- Alphabet’s revenue increased by 9 percent in 2023 compared to 2022.
- Uttar Pradesh has launched Caravan Tourism.
- The initiative aims to address accommodation challenges in under-facilitated regions.
- Nitin Gadkari laid the foundation for 15 National Highway road projects.
- The total worth of the projects is Rs 8,038 crore.
- Gadkari mentioned Madhya Pradesh’s progress in road construction and air transport.
- Nuziveedu Seeds Limited is investing 20 percent of profits in R&D.
- Nuziveedu Seeds Limited has a 20 percent annual revenue growth.
- Telangana Chief Minister A. Revanth Reddy congratulated Young Liu.
- A. Revanth Reddy, Chief Minister of Telangana, invited Young Liu.
- The IMF forecast a “soft landing” for the global economy.
- The IMF upgraded India’s growth forecast to 6.5 percent for 2024 and 2025.
- Bayer’s shares plummeted due to a $2.25 billion damages order.
- Bayer shares fell by more than 24 percent in three months.
- NSL was founded in 1973 by Mandava Venkata Ramaiah.
- Kore.ai announced $150 million in funding.
- The funding round for Kore.ai was led by FTV Capital.
- Air India’s pilots’ unions complained about non-adherence to FDTL.
- FDTL guidelines are to prevent fatigue-related risks for pilots.
- Indian Oil Corporation announced a net profit of Rs 8,063 crore for Q3 FY 2023-24.
Quiz on Economy and Business- January 17, 2024
Questions: Quiz on Economy and Business
- Which Bollywood actress recently faced delays in two domestic flights of IndiGo airlines?
- How many flights did Richa Chadha take in the last three days?
- What factors did Richa Chadha suggest might have contributed to IndiGo’s flight delays?
- How many employees did Google reportedly lay off last week?
- What additional job cuts did Google announce in its advertising sales team?
- Who is Google’s Chief Business Officer?
- What new era is Samsung set to unveil with its Galaxy S24 series?
- How many models will be in the Samsung Galaxy S24 series?
- What is the top agenda at the 54th meeting of the World Economic Forum in Davos?
- What new center will be launched during BioAsia 2024 in Telangana?
- What is the focus of the WEF-Telangana Centre for the Fourth Industrial Revolution?
- Who signed the agreement for the WEF-C41R center?
- What is the goal of the Telangana government according to IT and Industries Minister D. Sridhar Babu?
- What is the expected outcome of the C4IR in Hyderabad?
- What type of plant is the Maharashtra government planning to set up with INOX Air Products?
- What is the planned outlay for the green ammonia plant in Maharashtra?
- What company did Synopsys announce to acquire?
- What is the value of the Synopsys-Ansys acquisition deal?
- What case has HSBC filed against the Central government?
- What service is Uber shutting down?
- What was the Q3 total income for MapmyIndia in FY24?
- What is Telangana’s contribution to global vaccine output and pharmaceutical production?
- What is the significance of C4IR Telangana in the World Economic Forum’s 4IR Network?
Answers: Quiz on Economy and Business
- Richa Chadha.
- Three flights.
- Fog in Delhi and the recent air show in Mumbai.
- Nearly 1,000 employees.
- A few hundred more jobs in its advertising sales team.
- Philipp Schindler.
- A new ‘AI smartphone’ era.
- Three models (Galaxy S24 Ultra, S24, and S24+).
- The ongoing war between Israel and Hamas in Gaza, and the Russian-Ukraine war.
- The World Economic Forum-Telangana Centre for the Fourth Industrial Revolution (WEF-C41R).
- Health tech and life sciences.
- Chief Minister A. Revanth Reddy and WEF President Borge Brende.
- To transform Telangana into a global health tech hub.
- Becoming the world’s first healthcare hub and generating jobs in the healthcare sector.
- A mega-plant to produce green ammonia.
- $3 billion.
- Ansys.
- $35 billion.
- A contempt of court case.
- Its alcohol delivery service, Drizly.
- Rs 103.6 crore.
- One-third of global vaccine output and about 35 percent of India’s pharmaceutical production.
- It will make Telangana an important node in the global network of 4IR centres and consolidate its global leadership position.
Quiz on Economy and Business-January 4, 2024
One-Liner Questions: Quiz on Economy and Business
- Where can residents of Kanpur now purchase Prabal revolvers?
- When was the 0.32 side swing lightweight revolver launched?
- What does Platform Commons believe will significantly impact various sectors?
- How much was the claim United Spirits received from its institutional customer on December 11, 2023?
- What percentage of IT leaders are planning to increase AI spending over the next 12 months?
- What did the governments of New Zealand and Malaysia decide regarding their smoking bans?
- Which country registered the largest share of deal value in the healthcare sector in the Asia-Pacific in 2023?
- What was the percentage increase in Pocket FM’s revenue for FY2023?
- Which real estate stock saw the highest increase on Thursday?
- How has smartphone camera technology evolved over the years?
- What is Swiggy’s current valuation according to Invesco?
- When did IndiGo introduce a fuel charge, and when was it removed?
- What trend and trigger for market corrections does V.K. Vijayakumar mention?
- Why is Superpedestrian shutting down operations and what are they auctioning?
- How many vehicles are being recalled by Tesla Korea, Hyundai Motor, and four other carmakers?
- What is Intel’s new GenAI software company, and who is its CEO?
Answers: Quiz on Economy and Business
- Prabal revolvers can now be purchased in Kanpur from authorized private arms dealers of the Small Arms Factory.
- The revolver was launched on August 18, 2023.
- Platform Commons believes artificial intelligence (AI) & Inclusive Platforms will majorly impact agriculture, climate, education, civic engagement, and healthcare.
- United Spirits received a claim of Rs 365.33 crore.
- About 68 percent of IT leaders are preparing for increased AI spending.
- Both countries decided to reverse their bans on smoking.
- India had the largest share of deal value in the Asia-Pacific healthcare sector in 2023.
- Pocket FM reported a 647 percent surge in revenue.
- Sobha’s stock increased by 15 percent.
- Smartphone cameras evolved from 0.1 MP to 200 MP.
- Swiggy’s valuation is currently about $8.3 billion.
- IndiGo introduced a fuel charge in October 2023 and removed it recently.
- V.K. Vijayakumar mentions high valuations leading to market corrections, with profit booking as a common trigger.
- Superpedestrian is shutting down operations and auctioning over 20,000 e-scooters and other equipment.
- Over 72,000 vehicles are being recalled due to faulty components.
- Intel’s new GenAI software company is Articul8, led by CEO Arun Subramaniyan.
Quiz on Economy and Business- November 1, 2023
One-Liner Questions
- Who has been appointed as the president for UPS’s business in the UK, Ireland, Nordics, and India?
- Which airport is set to resume commercial flight operations with IndiGo’s service to Hyderabad?
- What did Tata Motors win against West Bengal Industrial Development Corporation (WBIDC)?
- How much compensation has Tata Motors been awarded for their losses in Singur?
- Who received a threat email demanding Rs 400 crore?
- How many threat emails have been sent to Mukesh Ambani in four days?
- What is Tube Investments of India Ltd planning to set up?
- What is the estimated cost for Tube Investments’ new manufacturing facility?
- Who did Chemplast Sanmar Ltd’s Custom Manufactured Chemicals division sign a Letter of Intent with?
- What is the focus of Hexaware’s latest Amaze® for Apps solution?
- What has Nepal sought from the U.S. in the Nepal Trade Preference Programme (NTPP)?
- What is Apple Inc’s stance on threat notifications received by MPs belonging to Opposition parties?
- What was the status of the rupee in early trade?
- Which banks have approved an all-stock merger?
- What vehicle did Honda Motorcycle & Scooter India (HMSI) launch?
- What are Nibav Home Lifts’ plans for North America?
- Who has Re Sustainability Limited (ReSL) announced a business collaboration with?
- Which companies have entered into a licensing agreement to co-market Desidustat in India?
- How many new branches did Karur Vysya Bank (KVB) inaugurate recently in Tamil Nadu and Andhra Pradesh?
- Where did Karur Vysya Bank (KVB) open their new branches?
Answers
- Ufku Akaltan has been appointed as the president for UPS’s business in the UK, Ireland, Nordics, and India.
- Birsi airport is set to resume commercial flight operations with IndiGo’s service to Hyderabad.
- Tata Motors won the arbitral proceedings against West Bengal Industrial Development Corporation (WBIDC).
- Tata Motors has been awarded a compensation of over Rs 766 crore for their losses in Singur.
- Mukesh Ambani received a threat email demanding Rs 400 crore.
- Three threat emails have been sent to Mukesh Ambani in four days.
- Tube Investments of India Ltd is planning to set up a greenfield precision steel tube manufacturing facility.
- The estimated cost for Tube Investments’ new manufacturing facility is Rs 211 crore.
- Chemplast Sanmar Ltd’s Custom Manufactured Chemicals division signed a Letter of Intent with a ‘global agrochemical innovator.’
- Hexaware’s latest Amaze® for Apps solution focuses on enterprise-level cloud and data modernization.
- Nepal has sought enhanced support from the U.S. in areas like trade and investment, market access, food security, and IT under the Nepal Trade Preference Programme (NTPP).
- Apple Inc does not attribute threat notifications to any specific state-sponsored attackers and cannot provide information on what causes such warnings.
- The rupee was seen flat at 83.26 in early trade.
- The boards of directors of AU Small Finance Bank Ltd and Fincare Small Finance Bank Ltd have approved an all-stock merger.
- Honda Motorcycle & Scooter India (HMSI) launched its all-new internationally acclaimed adventure tourer, ‘XL750 Transalp.’
- Nibav Home Lifts announced its strategic plans to further strengthen its North American presence.
- Re Sustainability Limited (ReSL) announced a business collaboration with PolyCycl Private Limited.
- Sun Pharmaceutical Industries Limited and Zydus Lifesciences Limited have entered into a licensing agreement to co-market Desidustat in India.
- Karur Vysya Bank (KVB) inaugurated three new branches, two in Tamilnadu and one in Andhra Pradesh
- Karur Vysya Bank (KVB) opened their new branches in Tamil Nadu and Andhra Pradesh. The total branch network of the Bank increased to 827.
Quiz on Economy and Business- September 23, 2023
One-Liner Questions:
- Who is set to fund Bluestone with Rs 550 crore?
- What is US-based Micron Technology planning to do in Gujarat?
- With whom has ICRA Analytics collaborated to provide its daily security level valuation?
- Why is Akudo shutting down its core UPI and card business?
- What is the current valuation of Nifty according to V K Vijayakumar?
- What dilemma is Pakistan currently facing, as per local media?
- What did Union IT Minister Ashwini Vaishnaw announce about India’s semiconductor journey?
- What impact did Elon Musk’s announcement have on Bluesky?
- Who invited US President Joe Biden to join the picket lines?
- What action has the Enforcement Directorate taken against GDS Builders Pvt Ltd Director and others?
- Who is nearing a $1.6 billion deal with India’s AM Green?
- How many more plants are being called to join the US auto workers strike?
- What is the focus of the Industry Connect meet organized by CSIR-NIIST?
- Against whom is Air Akasa’s plea in court not directed?
- What does JP Morgan’s decision regarding Indian government bonds indicate?
Answers:
- Zerodha co-founder Nikhil Kamath is set to fund Bluestone with Rs 100 crore of the total Rs 550 crore funding.
- US-based Micron Technology is breaking grounds for a Rs 22,500 crore facility in Sanand, Gujarat.
- ICRA Analytics has collaborated with FactSet to provide its daily security level valuation of fixed-income securities.
- Akudo is shutting down its core UPI and card business in response to a Reserve Bank of India directive.
- According to V K Vijayakumar, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world.
- Pakistan is at a tipping point, needing to decide between remaining a laggard or changing course for a brighter future.
- Union IT Minister Ashwini Vaishnaw announced that India has embarked on a journey to become a semiconductor hub.
- Elon Musk’s announcement backfired, resulting in a surge in new user sign-ups for the Jack Dorsey-backed social media network Bluesky.
- United Auto Workers (UAW) union president Shawn Fain invited US President Joe Biden to join the picket lines.
- The Enforcement Directorate has filed a Prosecution Complaint against GDS Builders Pvt Ltd Director Uma Sankar Patro and others.
- Malaysia’s state oil giant Petronas is close to clinching a $1.6 billion deal for a 25% stake in the ammonia unit of India’s AM Green.
- UAW president Shawn Fain has called on workers in 38 more plants in 20 states to join the strike.
- The focus of the Industry Connect meet organized by CSIR-NIIST was on making India more self-reliant and cost-effective in the chemical sector.
- Air Akasa’s plea in court is not directed against the DGCA or the Ministry of Civil Aviation.
- JP Morgan’s decision to include Indian government bonds in its emerging market debt index indicates confidence in India’s potential.
Quiz on Economy and Business-July 6
- Who provided crucial updates during the Extraordinary General Meeting regarding the onboarding of BDO as auditors? Answer: BYJU’S CFO Ajay Goel
- Which CEO appealed to the Twitter community to stay together due to the rise in popularity of Instagram Threads? Answer: Twitter CEO Linda Yaccarino
- According to Meghalaya Chief Minister Conrad K Sangma, what is needed to stop illegal coal mining and transportation? Answer: An alternative livelihood for coal workers
- How many vulnerabilities were fixed in the monthly security updates released by Google for the Android operating system? Answer: 46 vulnerabilities
- Which compact SUV did Maruti Suzuki India begin exporting? Answer: Fronx
- From which city in Vietnam will Vietjet fly to Kerala’s Kochi starting from August 12? Answer: Ho Chi Minh City
- What percentage increase in online searches for the term ‘Threads’ was observed due to Meta launching Threads on Instagram? Answer: Up to 3,233 percent
- According to a new report, which country has the highest tariffs on inputs in electronics among competing economies? Answer: India
- Which company invested Rs 14 crore to commission Delhi’s largest solar power plant in Najafgarh? Answer: McDonald’s India – North and East
- What did the latest beta version of Samsung Health reveal about a potential new product? Answer: Samsung could launch a smart ring called ‘Galaxy Ring’
Quiz on Economy and Business
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