Business GK and Trade Awareness Questions-2024

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Business GK and Trade Awareness Questions- January 24

One-Liner Questions-Business GK and Trade Awareness

  1. What company terminated its merger agreements with Zee Entertainment?
  2. What issue did a customer face after purchasing a laptop from Flipkart?
  3. Who shared a video on a platform regarding a laptop purchase issue with Flipkart?
  4. Why did Amazon receive a notice from the CCPA?
  5. What action did Amazon announce in response to CCPA’s notice?
  6. Which company signed a contract with Boeing for manufacturing aircraft components?
  7. What milestone did Volvo Car India achieve recently?
  8. What led to a rebound in benchmark equity indices in early trade?
  9. What initiative was announced by o9 Solutions in partnership with the State government?
  10. What new flight route was launched by GHIAL in partnership with Lufthansa Airlines?
  11. What new motorcycle models did Bajaj Auto Ltd unveil?
  12. What campaign was launched by the Telangana government at the WEF?
  13. What price change did Maruti Suzuki India announce?
  14. What new aircraft model is Boeing set to showcase at Wings India 2024?
  15. Which company started production at its new facility in Sanand, Gujarat?
  16. What divisions were affected by Google’s recent layoffs?
  17. What is the projected growth rate of the Indian economy for the next fiscal?
  18. What remained flat in price according to HDFC Securities, and what increased?

Answers-Business GK and Trade Awareness

  1. Culver Max Entertainment (formerly Sony Pictures Networks India) terminated its merger agreements with Zee Entertainment.
  2. The customer claimed to have received an old, discarded laptop instead of the new one he purchased.
  3. Souro Mukherjee shared the video on a platform.
  4. Amazon received a notice for selling sweets as ‘Shri Ram Mandir Ayodhya Prasad’.
  5. Amazon said it is taking appropriate action against such listings.
  6. Tata Advanced Systems Ltd. (TASL) signed the contract with Boeing.
  7. Volvo Car India announced the production of its 10,000th car in India.
  8. Buying in bank and IT stocks, along with a firm trend in the US markets, led to the rebound.
  9. o9 Solutions announced the launch of a specialized supply chain skills academy.
  10. GHIAL launched direct flights from Hyderabad to Frankfurt, Germany.
  11. Bajaj Auto Ltd unveiled the Husqvarna Svartpilen 401 and Vitpilen 250.
  12. The “#InvestInTelangana” campaign was launched by the Telangana government.
  13. Maruti Suzuki India announced a price increase across its model range.
  14. Boeing’s new wide-body 777-9 jet will make its debut at Wings India 2024.
  15. Tata Motors commenced production at its new facility in Sanand.
  16. Google laid off workers in its core engineering division, Google Assistant, and hardware division.
  17. The Indian economy is projected to grow at 6.2 percent in the next fiscal.
  18. Gold price remained flat, while silver price climbed.

Business GK and Trade Awareness- January 9, 2024

Questions: Business GK and Trade Awareness

  1. Who chaired the maiden edition of the Inland Waterways Development Council (IWDC)?
  2. What is the total investment committed for river cruise tourism development in India?
  3. How much of the investment for river cruise tourism is allocated for cruise vessels?
  4. What initiatives were launched by Sarbananda Sonowal at the IWDC?
  5. What new products were introduced by HP?
  6. Why has InsuranceDekho suspended travel insurance sales to the Maldives?
  7. What significant trend in individual income inequality was reported in an SBI report?
  8. What program is offered by Max Healthcare and IIM Kashipur?
  9. How much investment intention was announced by Tamil Nadu Government with various industrial groups?
  10. What are the features and price of the new Fire-Boltt smartwatch?
  11. What is Moody’s view on the arbitral tribunal’s decision regarding Delhi International Airport Ltd?
  12. What milestone has the Indian mutual fund industry reached according to AMFI?
  13. What profit did fintech unicorn Incred post in FY23?
  14. What investment plans were announced by Adani Group in Tamil Nadu?
  15. What does the latest AMFI Data for December 2023 reveal about equity mutual fund inflows?
  16. Why is Sony Group Corp planning to call off the merger with Zee Entertainment?
  17. What changes did DGCA make in the Flight Duty Time Limitations (FDTL) for flight crew?
  18. How many employees might be affected by Flipkart’s reported workforce reduction?
  19. Who stepped down as CMO at OPPO India?
  20. What is the expected level of India’s agricultural exports in 2023-24?

Answers: Business GK and Trade Awareness

  1. Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal.
  2. Rs 45,000 crore.
  3. Rs 35,000 crore.
  4. ‘Harit Nauka’ guidelines and ‘River Cruise Tourism Roadmap, 2047’.
  5. HP Spectre x360 2-in-1 laptops and HP Series 5 Monitors.
  6. Due to derogatory remarks made by Maldivian ministers against India and Prime Minister Narendra Modi.
  7. A decline, with 36.3% of taxpayers moving to higher income tax brackets.
  8. Post Graduate Executive Programme in Hospital Management.
  9. Rs. 664,180 crore.
  10. DREAM wristphone with 2GB RAM, 16GB storage, priced at Rs 5,999.
  11. It’s credit positive, as it excuses the airport from revenue share obligations during the pandemic.
  12. Assets under management surpassing Rs 50 lakh crore.
  13. Rs 109 crore.
  14. Rs 42,768 crore in renewable energy, cement manufacturing, data center, and city gas distribution.
  15. A 9% increase to Rs 17,000 crore.
  16. Due to a standoff over leadership roles in the merged entity.
  17. Updates in line with international best practices.
  18. Nearly 1,500 employees, around 5-7% of the workforce.
  19. Damyant Singh Khanoria.
  20. To exceed last year’s level of $53 billion.

Business GK and Trade Awareness- December 30, 2023

One-Liner Questions: Business GK and Trade Awareness

  1. What was notable about Wall Street’s performance in 2023?
  2. What factors contributed to Wall Street’s success in 2023?
  3. How many condoms did a customer from South Delhi order from Blinkit in 2023?
  4. What unusual purchase trend was observed in Gurugram in 2023 according to Blinkit Trends?
  5. How many PartySmart tablets were delivered in 2023?
  6. How many representatives attended the Assembly of 10,000 for World Peace, and who inaugurated it?
  7. What are Elon Musk’s plans for the Indian EV market?
  8. How much did FPI inflows total in 2023, according to V K Vijayakumar?
  9. What trend is expected in the tech industry in the coming year regarding AI and business performance?
  10. What was Snapdeal’s revenue and profit in FY23?
  11. What ruling was made against Elon Musk’s company regarding content moderation in California?
  12. What new service did NPCI launch for the equity cash segment?
  13. What changes did RBI make to the Internal Ombudsman norms?
  14. How much did the Indian government increase interest rates on small savings schemes for Jan-Mar 2024?
  15. How did LinkedIn’s ad revenue compare to Elon Musk’s companies in 2023?
  16. What legal action did Wipro take against its former CFO?
  17. What is the expected GDP growth rate for the Indian economy in 2023-24?
  18. What milestone did ACC Higher Secondary School in Madhya Pradesh reach?
  19. Who reclaimed the title of the world’s richest man in 2023?
  20. How did the Indian equities market perform on the last day of the year?
  21. What percentage of borrowers in India understand data privacy rules?
  22. What significant finance deal did SJVN secure?
  23. What growth did the eight core sector industries experience in November?
  24. What was India’s fiscal deficit for the first eight months of the current financial year?
  25. How much did the cybersecurity market in India grow in 2023?
  26. What are the price predictions for gold according to Emkay Wealth Management?

Answers: Business GK and Trade Awareness

  1. Wall Street hit record highs repeatedly in 2023.
  2. A resilient job market, robust consumer spending, and easing inflation boosted investor confidence.
  3. 9,940 condoms.
  4. More Tonic water than soft drinks were ordered.
  5. 30,02,080 tablets.
  6. 10,125 representatives; Dr. Tony Nader inaugurated it.
  7. Elon Musk plans to enter with Tesla Model 3 and local manufacturing.
  8. Rs 171106 crores.
  9. Focus on AI and outcome-based performance metrics.
  10. Rs 388 crore in revenue; reduced losses by 45%.
  11. The company must comply with California’s law on content moderation.
  12. “UPI for Secondary Market”.
  13. Harmonized and strengthened instructions for the IO mechanism.
  14. Increased by 10-20 basis points.
  15. LinkedIn’s revenue increased to nearly $4 billion, up 10.1%.
  16. Sought Rs 25.15 crore damages for violating non-compete clause.
  17. Expected to exceed 6.5%.
  18. Celebrated its 100th anniversary.
  19. Elon Musk, with a net worth exceeding Bernard Arnault’s by over $50 billion.
  20. Ended flat with minor losses.
  21. Only 18%.
  22. Rs 10,000 crore ($1.2 billion) construction finance.
  23. 7.8% growth.
  24. Rs 9.07 lakh crore, 50.7% of the annual estimate.
  25. Grew at a CAGR of over 30%.
  26. Test levels from $2,060 to $2,090 per ounce, potential to reach $2,115.

Business GK and Trade Awareness- October 28, 2023

Questions:

  1. What was the gross revenue of RIL for Q2 FY24?
  2. By what percentage did JPL’s revenue increase Y-o-Y?
  3. How much was BPCL’s consolidated net profit for Q2 FY 23-24?
  4. What was the half-yearly profit clocked by the public sector giant?
  5. To whom has REC Power Development handed over the SPV for the construction of the Ramgarh II Transmission project?
  6. What is the announced price by RBI for the premature redemption of sovereign gold bonds?
  7. What is India’s current position in terms of the largest metro network in the world?
  8. How much metro rail was operational in India in 2014?
  9. By how much did India’s foreign exchange reserves fall during the week ended October 20?
  10. What percentage of towers currently have fiberisation in preparation for 6G?
  11. Who has replaced Fernando Fernandez as the President, Beauty & Wellbeing at Unilever?
  12. To which US destinations has Air India deployed its newly inducted Boeing 777 aircraft?
  13. How many hours a week did Narayana Murthy advise youngsters in India to work?
  14. How much was Dr. Reddy’s Laboratories’ net profit for the quarter ended September 30, 2023?
  15. Which company will become the first Indian company to manufacture new Apple iPhones in the country?
  16. How many skilled workers does India currently lack in the telecom sector for the 5G era?
  17. With whom did Punjab Energy Development Agency (PEDA) sign a memorandum of understanding (MoU) for setting up ten CBG projects?
  18. How much has the job postings for cybersecurity in India increased from 2019 to 2022?

Answers:

  1. RIL’s gross revenue for Q2 FY24 was Rs 2.55 lakh crore ($30.8 billion).
  2. JPL’s revenue increased by 10.6 per cent Y-o-Y.
  3. BPCL’s consolidated net profit for Q2 FY 23-24 was Rs 8,244 crore.
  4. The public sector giant clocked a half-yearly profit of Rs 19,052 crore.
  5. REC Power Development handed over the SPV to Power Grid Corporation of India.
  6. RBI announced a price of Rs 6,079 per unit for the premature redemption of sovereign gold bonds.
  7. India currently has the 3rd largest metro network in the world.
  8. In 2014, 248 km of metro rail was operational in India.
  9. India’s foreign exchange reserves fell by $2.36 billion during the week ended October 20.
  10. 38 per cent of towers are currently fiberised.
  11. Priya Nair has replaced Fernando Fernandez.
  12. Air India deployed its Boeing 777 aircraft to Mumbai-New York JFK Airport, Newark Liberty Airport (New Jersey), and San Francisco.
  13. Narayana Murthy advised youngsters to work 70 hours a week.
  14. Dr. Reddy’s Laboratories’ net profit for the quarter ended September 30, 2023, was Rs1,192.6 crore.
  15. Tata Electronics will manufacture new Apple iPhones in the country.
  16. India faces a shortage of 2.41 million skilled workers in the telecom sector for the 5G era.
  17. PEDA signed an MoU with Hindustan Petroleum Corporation Ltd (HPCL) for setting up ten CBG projects.
  18. Job postings for cybersecurity in India increased by 81 per cent from 2019 to 2022.

Business GK and Trade Awareness- September 21, 2023

One-Liner Questions:

  1. Who is Glenmark Pharmaceuticals Ltd (GPL) divesting its stake to?
  2. What is the equity valuation of Glenmark Life Sciences after the divestment?
  3. How much of a stake is being sold in government-owned power major SJVN?
  4. What has happened to the crypto job market in India between August 2022 and 2023?
  5. Who is acquiring Splunk and for how much?
  6. What economic value is Generative AI (GenAI) expected to generate annually?
  7. What is the dispute between SpiceJet’s Chairman and a Delhi businessman about?
  8. What did the Finance Ministry say about household savings in the country?
  9. How much has the IPL ecosystem value increased?
  10. How is Nasscom reacting to the ongoing India-Canada diplomatic row?
  11. Why did General Motors idle its Fairfax plant in Kansas?
  12. What trend did Nifty show on Thursday?
  13. What is the focus of STL’s new manufacturing facility in the US?
  14. How are domestic IT firms in India responding to deteriorating relations with Canada?
  15. What operation did the Income Tax department of Gujarat launch in Ahmedabad?

Answers:

  1. Glenmark Pharmaceuticals Ltd (GPL) is divesting its 75 per cent stake in Glenmark Life Sciences to Nirma Limited.
  2. The equity valuation of Glenmark Life Sciences after the divestment is Rs 7,535.4 crore.
  3. A 4.92 per cent stake in SJVN is being offered for sale in the stock market.
  4. The crypto job market in India saw a decline of 64.20 per cent in job postings and a 15.20 per cent drop in job searches between August 2022 and 2023.
  5. Cisco is acquiring Splunk for about $28 billion.
  6. Generative AI (GenAI) is expected to generate economic value worth $2.6-$4.4 trillion annually.
  7. The dispute is about a share purchase agreement where the businessman paid Rs 10 lakh for 10 lakh shares but did not receive them.
  8. The Finance Ministry dismissed fears about household savings falling to a multi-decade low as a reflection of distress in the economy.
  9. The IPL ecosystem value has increased from Rs 87,000 crore to Rs 92,500 crore, or about 6.3 per cent.
  10. Nasscom said it will engage with stakeholders to track the impact of the India-Canada diplomatic row and support IT and tech companies if needed.
  11. General Motors idled its Fairfax plant in Kansas due to a United Auto Workers (UAW) strike.
  12. Nifty fell on Thursday, indicating bearish sentiments and is expected to remain in the 19,645-19,865 band for the near term.
  13. STL’s new $56 million manufacturing facility in the US focuses on driving rural broadband build.
  14. Domestic IT firms in India are adopting a “wait and watch” approach in response to deteriorating relations with Canada.
  15. The Income Tax department of Gujarat launched a search operation in Ahmedabad to shed light on potential large-scale benami transactions.

Business GK and Trade Awareness- August 6, 2023

What was the first-day sales figure for Xiaomi’s Redmi 12 Series launch in India?

Answer: Over 300,000 units.

Why is the Indian government considering reducing import duty on wheat?

Answer: Due to rising domestic prices of wheat.

At what price per quintal have wheat prices gone up in India?

Answer: Rs 2,500 per quintal.

How much has Astra reduced its workforce by?

Answer: Approximately 25%, including around 70 employees.

Why is Elon Musk’s X Corp unable to pay verified creators on time?

Answer: Flooded with requests for payments as part of its ad revenue-sharing program.

What is the new deadline for the Central government’s decision on restricting laptop and computer imports?

Answer: November 1.

What is the amount that SoftBank is suing IRL for due to fake user base and growth?

Answer: $150 million.

What caused the UN’s FAO All Rice Price Index to increase significantly?

Answer: India’s prohibition of non-parboiled Indica rice exports.

How much did the FAO Food Price Index increase in July from the previous month?

Answer: 1.3%.

On what occasion did Myntra highlight its made-in-India D2C brands supporting handloom weavers?

Answer: Eighth Handloom Day.

Who reported that FPIs turned sellers in the Indian market after sustained buying?

Answer: V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

What percentage increase in losses due to smuggling did the Indian government face from 2010 to 2020?

Answer: 163%.

What is the financial impact of the tax loss due to smuggling across five industries?

Answer: Rs 58,521 crore.

Which two top-level executives recently exited Ola Electric ahead of their IPO plans?

Answer: Slokarth Dash (Head of Strategy and Planning) and Saurabh Sharda (Head of Growth and Corporate Affairs).

When did Mahindra University hold its 2nd Annual Convocation?

Answer: August 5.

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