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Business Quiz with Answers based on India

Business Quiz with Answers based on India

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Round 1: Indian Economy: Business Quiz with Answers

What is the current GDP growth rate of India?
Answer: As of 2021, the GDP growth rate of India is projected to be around 10.5%.
Explanation: GDP growth rate is the measure of the increase in the gross domestic product of a country over a period of time.

Who is the current Governor of the Reserve Bank of India?
Answer: Shaktikanta Das.
Explanation: The Reserve Bank of India is India’s central banking institution, and the Governor is the head of the institution.

What is the name of India’s national income accounting system?
Answer: System of National Accounts (SNA).
Explanation: SNA is a framework used to measure the economic activity of a country.

What is the current unemployment rate in India?
Answer: As of February 2021, the unemployment rate in India was 6.9%.
Explanation: Unemployment rate is the percentage of the labor force that is currently unemployed but actively seeking employment.

Which sector contributes the most to India’s GDP?
Answer: The service sector.
Explanation: The service sector includes industries such as finance, healthcare, and hospitality.

Who is the current Minister of Finance in India?
Answer: Nirmala Sitharaman.
Explanation: The Minister of Finance is responsible for the management of the country’s finances and economy.

What is the name of India’s national currency?
Answer: Indian rupee (INR).
Explanation: The Indian rupee is the official currency of India.

What is the name of India’s stock exchange?
Answer: Bombay Stock Exchange (BSE).
Explanation: BSE is one of the oldest and largest stock exchanges in Asia.

What is the name of India’s national development bank?
Answer: National Bank for Agriculture and Rural Development (NABARD).
Explanation: NABARD is a development bank focused on rural areas of India.

What is the name of India’s central statistical organization?
Answer: Central Statistical Office (CSO).
Explanation: CSO is responsible for the collection, compilation, and dissemination of statistical information in India.

Round 2: Indian Companies: Business Quiz with Answers

What is the name of India’s largest e-commerce company?
Answer: Flipkart.
Explanation: Flipkart is an Indian e-commerce company that sells a wide range of products online.

Which Indian company is the world’s largest manufacturer of two-wheelers?
Answer: Hero MotoCorp.
Explanation: Hero MotoCorp is an Indian motorcycle and scooter manufacturer.

Which Indian company is the world’s largest producer of milk and milk products?
Answer: Amul.
Explanation: Amul is an Indian dairy cooperative that produces milk and milk products.

What is the name of India’s largest IT services company?
Answer: Tata Consultancy Services (TCS).
Explanation: TCS is an Indian multinational IT services and consulting company.

Which Indian company is the world’s largest producer of steel?
Answer: Tata Steel.
Explanation: Tata Steel is an Indian multinational steel-making company.

Which Indian company is the world’s largest producer of tea?
Answer: McLeod Russel India Limited.
Explanation: McLeod Russel India Limited is an Indian tea producing company.

What is the name of India’s largest pharmaceutical company by market capitalization?
Answer: Sun Pharmaceutical Industries Limited.
Explanation: Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company.

What is the name of India’s largest automobile manufacturer?
Answer: Maruti Suzuki.
Explanation: Maruti Suzuki is an Indian automobile manufacturer that produces a range of cars and commercial vehicles.

Which Indian company is the world’s largest manufacturer of generic drugs?
Answer: Ranbaxy Laboratories.
Explanation: Ranbaxy Laboratories is an Indian multinational pharmaceutical company that produces generic drugs.

What is the name of India’s largest private sector bank by assets?
Answer: HDFC Bank.
Explanation: HDFC Bank is an Indian banking and financial services company that is the largest private sector bank in India by assets.

Round 3: Indian Startups: Business Quiz with Answers

What is the name of India’s largest food delivery startup?
Answer: Zomato.
Explanation: Zomato is an Indian online food delivery and restaurant discovery platform.

Which Indian startup is the world’s most valuable unicorn?
Answer: Paytm.
Explanation: Paytm is an Indian digital payments and financial services company that is valued at over $16 billion.

What is the name of India’s largest ride-hailing company?
Answer: Ola.
Explanation: Ola is an Indian ride-hailing company that operates in over 250 cities in India.

Which Indian startup is the world’s largest online retailer of furniture and home decor?
Answer: Pepperfry.
Explanation: Pepperfry is an Indian online furniture and home decor retailer that offers a wide range of products.

What is the name of India’s largest coworking space provider?
Answer: Awfis.
Explanation: Awfis is an Indian coworking space provider that operates in multiple cities in India.

Which Indian startup is the world’s largest online pharmacy?
Answer: PharmEasy.
Explanation: PharmEasy is an Indian online pharmacy that offers a range of prescription and over-the-counter medications.

What is the name of India’s largest online education platform?
Answer: Byju’s.
Explanation: Byju’s is an Indian edtech company that offers a range of online learning programs for students.

Which Indian startup is the world’s largest online grocery store?
Answer: BigBasket.
Explanation: BigBasket is an Indian online grocery store that offers a wide range of products.

What is the name of India’s largest online travel company?
Answer: MakeMyTrip.
Explanation: MakeMyTrip is an Indian online travel company that offers a range of travel booking services.

Which Indian startup is the world’s largest online marketplace for used goods?
Answer: OLX.
Explanation: OLX is an Indian online marketplace that allows users to buy and sell used goods.

Round 4: Indian Business Personalities: Business Quiz with Answers

Who is the founder of Reliance Industries?
Answer: Dhirubhai Ambani.
Explanation: Dhirubhai Ambani was an Indian businessman and the founder of Reliance Industries, one of India’s largest conglomerates.

Who is the current Chairman of the Tata Group?
Answer: Natarajan Chandrasekaran.
Explanation: Natarajan Chandrasekaran is an Indian businessman who is the current Chairman of the Tata Group, one of India’s largest conglomerates.

Who is the founder of Paytm?
Answer: Vijay Shekhar Sharma.
Explanation: Vijay Shekhar Sharma is an Indian entrepreneur who founded Paytm, an Indian digital payments and financial services company.

Who is the founder of Flipkart?
Answer: Sachin Bansal and Binny Bansal.
Explanation: Sachin Bansal and Binny Bansal are Indian entrepreneurs who co-founded Flipkart, an Indian e-commerce company.

Who is the founder of Zomato?
Answer: Deepinder Goyal.
Explanation: Deepinder Goyal is an Indian entrepreneur who co-founded Zomato, an Indian online food delivery and restaurant discovery platform.

Who is the founder of Ola?
Answer: Bhavish Aggarwal.
Explanation: Bhavish Aggarwal is an Indian entrepreneur who founded Ola, an Indian ride-hailing company.

Who is the founder of Byju’s?
Answer: Byju Raveendran.
Explanation: Byju Raveendran is an Indian entrepreneur who founded Byju’s, an Indian edtech company.

Who is the founder of MakeMyTrip?
Answer: Deep Kalra.
Explanation: Deep Kalra is an Indian entrepreneur who founded MakeMyTrip, an Indian online travel company.

Who is the founder of BigBasket?
Answer: Vipul Parekh and Abhinay Choudhari.
Explanation: Vipul Parekh and Abhinay Choudhari are Indian entrepreneurs who co-founded BigBasket, an Indian online grocery store.

Who is the founder of OLX?
Answer: Fabrice Grinda and Alec Oxenford.
Explanation: Fabrice Grinda and Alec Oxenford are entrepreneurs who co-founded OLX, an Indian online marketplace for used goods.

Round 5: Indian Business History: Business Quiz with Answers

In which year was the Reserve Bank of India established?
Answer: 1935.
Explanation: The Reserve Bank of India was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934.

What was the name of India’s first airline company?
Answer: Tata Airlines.
Explanation: Tata Airlines was India’s first airline company, which was founded by J.R.D. Tata in 1932. It is now known as Air India.

In which year was the first Indian satellite launched?
Answer: 1975.
Explanation: India’s first satellite, Aryabhata, was launched on April 19, 1975, from Kapustin Yar, Russia.

What was the name of India’s first computer?
Answer: Tata Institute of Fundamental Research Automatic Calculator (TIFRAC).
Explanation: TIFRAC was India’s first computer, which was developed by the Tata Institute of Fundamental Research in 1960.

In which year was the first Indian Institute of Management (IIM) established?
Answer: 1961.
Explanation: The first Indian Institute of Management (IIM) was established in Calcutta (now Kolkata) in 1961.

What was the name of India’s first satellite-based navigation system?
Answer: Indian Regional Navigation Satellite System (IRNSS).
Explanation: IRNSS is India’s first satellite-based navigation system, which is designed to provide accurate position information to users in India and the region extending up to 1,500 km from its boundary.

In which year was the Indian rupee decimalized?
Answer: 1957.
Explanation: The Indian rupee was decimalized on April 1, 1957, when the rupee was divided into 100 paise.

What was the name of India’s first indigenously built car?
Answer: Tata Indica.
Explanation: Tata Indica is India’s first indigenously built car, which was launched by Tata Motors in 1998.

In which year was the first Indian stock exchange established?
Answer: 1875.
Explanation: The Bombay Stock Exchange (BSE), India’s first stock exchange, was established in 1875.

What was the name of India’s first electric car?
Answer: Reva

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