Quiz on Economy and Business

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Quiz on Economy and Business- September 23, 2023

One-Liner Questions:

  1. Who is set to fund Bluestone with Rs 550 crore?
  2. What is US-based Micron Technology planning to do in Gujarat?
  3. With whom has ICRA Analytics collaborated to provide its daily security level valuation?
  4. Why is Akudo shutting down its core UPI and card business?
  5. What is the current valuation of Nifty according to V K Vijayakumar?
  6. What dilemma is Pakistan currently facing, as per local media?
  7. What did Union IT Minister Ashwini Vaishnaw announce about India’s semiconductor journey?
  8. What impact did Elon Musk’s announcement have on Bluesky?
  9. Who invited US President Joe Biden to join the picket lines?
  10. What action has the Enforcement Directorate taken against GDS Builders Pvt Ltd Director and others?
  11. Who is nearing a $1.6 billion deal with India’s AM Green?
  12. How many more plants are being called to join the US auto workers strike?
  13. What is the focus of the Industry Connect meet organized by CSIR-NIIST?
  14. Against whom is Air Akasa’s plea in court not directed?
  15. What does JP Morgan’s decision regarding Indian government bonds indicate?

Answers:

  1. Zerodha co-founder Nikhil Kamath is set to fund Bluestone with Rs 100 crore of the total Rs 550 crore funding.
  2. US-based Micron Technology is breaking grounds for a Rs 22,500 crore facility in Sanand, Gujarat.
  3. ICRA Analytics has collaborated with FactSet to provide its daily security level valuation of fixed-income securities.
  4. Akudo is shutting down its core UPI and card business in response to a Reserve Bank of India directive.
  5. According to V K Vijayakumar, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world.
  6. Pakistan is at a tipping point, needing to decide between remaining a laggard or changing course for a brighter future.
  7. Union IT Minister Ashwini Vaishnaw announced that India has embarked on a journey to become a semiconductor hub.
  8. Elon Musk’s announcement backfired, resulting in a surge in new user sign-ups for the Jack Dorsey-backed social media network Bluesky.
  9. United Auto Workers (UAW) union president Shawn Fain invited US President Joe Biden to join the picket lines.
  10. The Enforcement Directorate has filed a Prosecution Complaint against GDS Builders Pvt Ltd Director Uma Sankar Patro and others.
  11. 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.
  12. UAW president Shawn Fain has called on workers in 38 more plants in 20 states to join the strike.
  13. 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.
  14. Air Akasa’s plea in court is not directed against the DGCA or the Ministry of Civil Aviation.
  15. 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

  1. Who provided crucial updates during the Extraordinary General Meeting regarding the onboarding of BDO as auditors? Answer: BYJU’S CFO Ajay Goel
  2. Which CEO appealed to the Twitter community to stay together due to the rise in popularity of Instagram Threads? Answer: Twitter CEO Linda Yaccarino
  3. 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
  4. How many vulnerabilities were fixed in the monthly security updates released by Google for the Android operating system? Answer: 46 vulnerabilities
  5. Which compact SUV did Maruti Suzuki India begin exporting? Answer: Fronx
  6. From which city in Vietnam will Vietjet fly to Kerala’s Kochi starting from August 12? Answer: Ho Chi Minh City
  7. 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
  8. According to a new report, which country has the highest tariffs on inputs in electronics among competing economies? Answer: India
  9. Which company invested Rs 14 crore to commission Delhi’s largest solar power plant in Najafgarh? Answer: McDonald’s India – North and East
  10. 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’

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