IMPORTANT MCQ SESSION!

BUSINESS AWARENESS-17

TISS-MAT, JBIMS MHRD, XAT, TISS-NET, CMAT, SSC, IIFT, BANKS

instagram.com/knowvation1 knowvationindia@gmail.com fb.com/knowvationfb twitter.com/knowvation1 knowvation.in

Which of the following companies is the first in India to launch premium-grade

Petrol (100 Octane) by the brand name XP100?

A. Bharat Petroleum

B. Indian Oil Corporation

C. Hindustan Petroleum

D. Oil and Natural Gas Corporation

Points to Know (PTN):

100 Octane is designed to rev up the engine, give faster acceleration, significantly

boost engine performance, give better drivability, enhanced fuel economy and

engine life. Indian Oil’s Mathura Refinery will produce XP100.

Which of the following banks has joined hands with OrbitRemit Limited, New

Zealand recently?

A. HDFC Bank

B. IndusInd Bank

C. Federal Bank

D. Axis Bank

PTN:

Federal Bank Ltd entered into an online Rupee remittance tie-up with OrbitRemit

Limited. This partnership will facilitate NRIs and small businesses in New Zealand to

transfer money to India in a modern, low cost, fast, easy & more reliable way.

What is the name of mobile app launched by Union Health Ministry for real time

monitoring of COVID-19 vaccine delivery?

A. CovDeter

B. CoBEAT

C. CoWIN

D. CoYours

PTN:

‘Co-WIN’ – A Digital Platform & Mobile Application for real-time monitoring of

COVID-19 vaccine delivery and recording data. The platform can be used by the

people to register themselves for vaccination. The app can also send real-time data

of temperature of cold-storage facilities to the main server.

Which of the following telecom companies has partnered with Skylotech India for

satellite-based NB-IoT (Narrow Band-Internet of Things)?

A. Bharti Airtel

B. BSNL

C. Jio

D. Vi

PTN:

NB-IoT (Narrow Band-Internet of Things) will enable connectivity for millions of

unconnected machines, sensors and industrial IoT devices across the country,

including Indian seas.

Which of the following banks has partnered with Aceware, a fintech company,

launch ‘AceMoney Micro ATM service’ Kerala that enables money withdrawal from

the comfort of home?

A. ICICI Bank

B. HDFC Bank

C. Axis Bank

D. State Bank of India

PTN:

The company will bring a micro ATM to the customer’s house and he/she can

collect the money by swiping the ATM card. The money will be delivered at the

doorstep within 30-40 minutes after the order is placed on Ace Money app.

Name the bank which has launched a new technology product “FX 4 U” to help

users manage & handle their forex transactions seamlessly?

A. Union Bank of India

B. Bank of Baroda

C. Punjab National Bank

D. Canara Bank

PTN:

This product enables its entire internet banking users to handle forex transactions

seamlessly.

Which of the following defence companies of India was conferred Green Channel

Status by Ministry of Defence?

A. Tata Advanced Systems.

B. Larsen & Toubro Defence

C. Mahindra Defence Systems

D. Bharat Dynamics Ltd

PTN:

‘Green channel status', has benefits like deemed registration status and waiver from

pre-dispatch inspection. The grant of green channel status also allows companies to

self-certify certain systems and products.

Which of the following companies will become the world’s first company to

produce a ‘Green Vaccine’?

A. Biocon

B. AstraZeneca

C. Serum Institute of India

D. Pfizer

PTN:

Achieving Net Zero state would mean reduction of emissions from all sources to

zero. Adar Poonawalla-backed cleantech startup, h2e Power Systems, will be

powering SII's transition to renewable and green energy.

Which of the following banks has launched an online platform ‘Infinite India’ for

foreign companies that want to set-up or expand their businesses in India?

A. HDFC Bank

B. ICICI Bank

C. Union Bank of India

D. Apex Bank

PTN:

Infinite India platform offers banking solutions as well as value-added services such as

incorporation of a business entity, corporate filings, licences and registrations, HR

services, compliances and taxation among others, ICICI Bank said in a release.

Which of the following banks secured the top spot in UPI Transaction among the

UPI Remitter Banks in November 2020?

A. State Bank of India

B. Punjab National Bank

C. Indian Bank

D. Axis Bank

PTN:

Among the remitter banks, which hold the bank account of the sender of UPI

transactions, SBI closed almost 608 million UPI transactions in Nov’20. SBI was

followed by Axis bank, HDFC bank and Paytm Payments bank.

Name the firm which has been conferred “Excellence” in the prestigious CII-ITC

Sustainability Awards 2020 in Corporate Social Responsibility (CSR) Domain?

A. TCS

B. NTPC

C. BHEL

D. SBI

PTN:

This is the highest award conferred by CII-ITC in CSR domain. NTPC is the only

PSU to receive the award in the Corporate Excellence category.

In which of the following cities, world’s first physical cryptocurrency bank opened in

India?

A. Bhopal

B. Jaipur

C. Lucknow

D. Hyderabad

PTN:

‘Unicas’, world’s first crypto bank was launched as a Joint Venture(JV) between

Cashaa and United Multistate credit co-operative society. This bank allows users to

transact in cryptocurrency.

Who has recently topped the list by Fortune for the Businessperson of the Year

2020?

A. Satya Nadella

B. Tim Cook

C. Shantanu Narayan

D. Elon Musk

PTN:

Adobe CEO Shantanu Narayen and Mastercard CEO Ajay Banga have been named

by Fortune among the Businessperson of the Year 2020 top-20 list.

Bangladesh has recently signed a Preferential Trade Agreement (PTA) with which of

the following countries?

A. India

B. Pakistan

C. Bhutan

D. Sri Lanka

PTN:

Under the PTA 100 Bangladeshi products will get duty free access to Bhutan. At the

same time, 34 items from Bhutan will get duty free access into Bangladesh.

Amazon founder Jeff Bezos's space company ________ is all set to take the first

woman to the moon's surface.

A. SpaceX

B. Virgin Galactic

C. Blue Origin

D. Bigelow Aerospace

Which of the following insurance companies has launched the campaign,

#GotYouCovered to support COVID-19 healthcare workers?

A. ICICI Lombard

B. Bharti AXA Life Insurance

C. Bajaj Allianz Life Insurance

D. Bigelow Aerospace

PTN:

The company will promote #GotYouCovered initiative and encourage people to

acknowledge the efforts of frontline healthcare workers.

Which country has included India in its monitoring list of countries with potentially

“questionable foreign exchange policies” and “currency manipulation”?

A. USA

B. China

C. Germany

D. France

PTN:

This is a label given by the US government to countries it feels are engaging in

“unfair currency practices” by deliberately devaluing their currency against the

dollar.

Assignments!

1. Name India’s 1st city to have fulfilled 100% of its energy needs during the day with

solar energy?

2. Name the Indian bank which became the 1st to collaborate with Google Pay to

issue FASTag through UPI?

3. Which dairy brand of India ranked 8th in the list of top 20 global dairy processors

released by the International Farm Comparison Network (IFCN)?

👍 🌏 📌

Like Share Subscribe

Thanks a lot for watching!

instagram.com/knowvation1 knowvationindia@gmail.com fb.com/knowvation twitter.com/knowvation1 knowvation.in