Question 1

Who has signed MoU with Water & Power Consultancy Services Limited recently?

Accepted Answer

The Dredging Corporation of India Limited (DCIL) has signed a memorandum of understanding (MoU) with Water & Power Consultancy Services (WAPCOS) Limited, a mini-ratna PSU under Ministry of Water Resources, River Development, and Ganga Rejuvenation. The objective is to jointly recognize suitable future projects and carry out geo-technical investigation and engineering consultancy in the fields like water resources, power and infrastructure, port and harbour dredging. The other areas which can be included in joint projects are shallow water dredging, beach nourishment, lake rehabilitation, flood management, erosion control, river morphology etc.

Question 2

Which company acquired Chatbot Making Startup Haptik for Rs.700 crores?

Accepted Answer

Reliance Jio Digital, a subsidiary of Reliance Industries acquired a chatbot making startup firm Haptik worth for Rs.700 Crore. In this Rs.700 Crore deal,Rs.230 Crore will be used for business transaction and Rs.470 Crore will be used for business expansion. After this acquisition, Reliance Jio Digital will now hold 87% stake in Haptik, while Existing investor Times Internet which holds 70% stake will exit the company.

Question 3

Name the company which has signed an MoU on different projects related to e-mobility along with Automotive Research Association of India.

Accepted Answer

Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI) have together signed an Memorandum of Understanding for effective cooperation on different projects related to e-mobility and implement solutions for electric & trolley bus, EV (Electric Vehicles) chargers, battery and charger testing, etc. The MoU was signed by Rashmi Urdhwareshe, Director, ARAI and Renuka Gera, BHEL. The term electro mobility refers to full and hybrid electric vehicles as well as those using hydrogen fuel cell technology. These vehicles represent electronically driven vehicles in the future. The electromobility is combined with concepts of microcontrollers and sensors that work toward providing better energy efficiency for vehicles.

Question 4

Which global IT Service company has acquired 75% stake in Starter NV,a subsidiary of Dutch based ABN AMRO Bank for $144 million?

Accepted Answer

Consulting arm of Global IT Services major, Infosys will buy 75% stake in Starter NV which is a subsidiary of Dutch based ABN AMRO Bank for $144 million (approx. Rs 999 crore) in an all-cash deal.This move is aimed at strategic partnership in Netherlands. ABN Amro which is the third largest bank of Netherland will hold the remaining 25 per cent stake in Starter NV.

Question 5

Name the telecom service provider who received a licence from the Department of Telecommunications (DoT) to provide Internet and mobile services on flights.

Accepted Answer

Bharatiya Sanchar Nigam Limited (BSNL), a State-owned telecom service provider, has received licence from the Department of Telecommunications (DoT) to provide Internet and mobile services on flights. BSNL and its satellite partner, Inmarsat, will be able to offer in-flight connectivity to airlines once the ground infrastructure and associated approvals are set. The DoT had notified its rules in December allowing airlines flying within and transiting through India to provide Internet and voice services on mobile phones along with an Indian telecom operator or licencee. So far, SpiceJet has announced that it will offer Internet access to passengers. Vistara has evinced interest in this service. According to the rules, passengers can make phone calls or use the Internet when a flight is at a minimum height of 3,000m in Indian airspace to avoid interference with terrestrial mobile networks.

Question 6

The world's Highest Resolution Image Sensor was launched by;

Accepted Answer

Recently, South Korea based Samsung company has launched the world's first highest resolution image sensor of 64 megapixels. This image sensor will be used in upcoming smartphones of Samsung and the objective is to meet the growing demand for smartphones with better image quality. Samsung has launched two new image sensors with 0.8 micrometer pixel: The 64-megapixel ISOCELL Bright GW1, The 48-megapixel ISOCELL Bright GW2.

Question 7

Which of the following company is going to set up a CyberSecurity Fusion Centre (CSFC) in Frisco, Texas, US?

Accepted Answer

IT services HCL Technologies has set up a CyberSecurity Fusion Centre (CSFC) in Frisco, Texas, US. The main objective of the setting up of the CSFC by HCL Technologies' is to boost business growth by providing customers with a single point of contact for the business security lifecycle - from detection to repairment. HCL would also enhance university-to-industry collaboration under which the firm will conduct on-campus hackathons. The top participants in the hackathons from the winning teams from each individual school will be offered full-time jobs and advanced training at HCL Technologies.

Question 8

Which of the following bagged the AIMA Managing India Award 2019 for outstanding PSU of the year?

Accepted Answer

Indian Oil Corporation (IOC) has bagged the prestigious 'AIMA Managing India Award 2019 for outstanding PSU of the year'. The award was presented by former President Pranab Mukherjee to Sanjiv Singh, Chairman, Indian Oil. The AIMA awards, declared under 11 categories, were headed by Sanjiv Goenka, chairman, RP-Sanjiv Goenka Group, and shortlisted 11 eminent enterprises and personalities of the country for their contribution to nation-building.

Question 9

Which among the following becomes 1st Indian Shipyard to deliver 100 Warships?

Accepted Answer

Garden Reach Shipbuilders & Engineers Limited has delivered its 100th Warship which is a Landing Craft Utility, L-56, to the Indian Navy today. This has made GRSE the first Indian Shipyard to make and deliver 100 warships to the Indian Navy, Indian Coast Guard and Mauritius Coast Guard. The 100th Warship, IN LCU L-56 was handed over by Rear Admiral V. K. Saxena, Chairman & Managing Director, GRSE to Lt. Cdr. Gopinath Narayanan, Commanding Officer of the Ship.

Question 10

Who has introduced a pension scheme for its current as well as former employees?

Accepted Answer

Steel maker SAIL has introduced a pension scheme for its current as well as former employees. Under this scheme, all executive employees who were on rolls of the company on or after January 1, 2007, as well as non-executive employees on rolls on or after January 1, 2012, shall be covered in the scheme. The scheme will extend coverage to more than 55,000 ex-employees.

Question 11

Which of the following company gives a Nod for Transfer of Ratings Business tTo New Subsidiary?

Accepted Answer

CRISIL Ltd, a diversified global analytics company, will transfer its rating business to its proposed new wholly-owned subsidiary. The board of CRISIL gave the nod for the transfer, which is being done to comply with SEBI norms of 2018. Earlier, SEBI had modified its regulations for credit rating agencies and mandated the segregation of rating and non-ratings businesses of credit-rating agencies. CRISIL proposes to undertake the transfer of its ratings business through a scheme of arrangement in terms of Section 230 to 232 of the Companies Act, 2013, to be approved by the stock exchanges and the National Company Law Tribunal.

Question 12

Which of the following inks MoU with BSE to provide Cyber Security Services?

Accepted Answer

Bombay Stock Exchange (BSE), Asia's first and India's largest stock exchange and Network Intelligence, a global cybersecurity services provider & CERT-IN empanelled vendor inks Memorandum of Understanding (MoU) to provide cybersecurity services to its members according to the cybersecurity framework set by SEBI. Last year, SEBI had released its guidelines on cybersecurity titled "Cybersecurity & cyber Resilience Framework for Stock Brokers/Depository Participants".

Question 13

Google has partnered with bullion refiner MMTC-PAMP India to allow Google Pay users to buy and sell gold through the app. It can allow the users to buy how much % of 24-karat gold?

Accepted Answer

Google has partnered with bullion refiner MMTC-PAMP India to allow Google Pay users to buy and sell gold through the app. Through this partnership with India's only LBMA-accredited gold refinery, Google Pay users will be able to buy 99.99% 24-karat gold. This type of service is already offered by the likes of Paytm, Mobikwik, and PhonePe.

Question 14

Who signed a five-year multi-million-dollar IT outsourcing deal with IBM?

Accepted Answer

Vodafone Idea Ltd on 3 May 2019 announced a five-year multi-million-dollar IT outsourcing deal with IBM. The deal will provide a platform for fast-track joint initiatives in Artificial Intelligence and Internet of Things. The new infrastructure platform will remove constraints to an exponential growth of data usage driven by increasing consumption of video, streaming and digital commerce.

Question 15

Who has launched a recurring payment service for merchants?

Accepted Answer

Paytm has launched a recurring payment service for merchants that are working on a digital subscription model. The move will allow the subscription-based businesses to collect payments from their subscribers effortlessly. Recurring payments are an automatic payment system wherein the merchants automatically charge their customers for a specified service on a pre-arranged schedule.

Question 16

Name of the sports company which becomes India's first gaming startup?

Accepted Answer

Dream11 has just become a Unicorn, that is a billion-dollar startup. Few exciting developments have made Dream11 to be the India's first gaming startup to join the elite club of privately-held startups. The term "Unicorn" refers to the tech startups with the market valuation of $1 billion.

Question 17

Virat Kohli and Anushka Sharma has appointed as the first brand ambassadors of which of the following company?

Accepted Answer

Flipkart-owned fashion e-commerce platform Myntra announced that it had appointed celebrity couple Virat Kohli and Anushka Sharma as its first brand ambassadors. Myntra has launched the integrated campaign called 'Go Myntra-la-la' which will be promoted across television, print, digital and outdoor.

Question 18

Which of the following becomes the First Indian Exchanges to Sign MoU With Moscow Exchange?

Accepted Answer

BSE (earlier known as Bombay Stock Exchange) and India International Exchange (India INX) have signed a memorandum of understanding with Moscow Exchange (MOEX) to connect investor community and companies in both countries besides allowing a capital formation platform. BSE and India INX are the first Indian exchanges to enter into the MoU with Moscow exchange. The exchange companies have agreed to the secondment of senior personnel to enhance understanding of activities in each other's market.

Question 19

Who has received an order from the Nuclear Power Corporation of India (NPCIL) for the construction of 2 x 700 MW power plant?

Accepted Answer

Tata Projects has received an order from the Nuclear Power Corporation of India (NPCIL) for the construction of 2 x 700 MW power plant. The estimated cost is about $321 million. This is the firm's third contract in the nuclear power sector. This project will provide the much needed power supply to the region and ensure developmental initiatives receive an impetus. The scope of work involves the construction of main plant buildings, structures and other works of Gorakhpur Haryana Anu Vidyut Pariyojana - 1&2.

Question 20

Google and this company join hands to carry out voice-based financial transactions.

Accepted Answer

Reliance Nippon Life Asset Management (RNAM) has joined hands with Google to enable the customers of Reliance Mutual Fund to carry out voice-based financial transactions. With this, RNAM becomes the first company in India, to provide a conversational interface that would help customers regarding funds transactions.

Business Questions