Who has introduced a pension scheme for its current as well as former employees?
Options
A. SAIL
B. GAIL
C. BHEL
D. ONGC
Correct Answer
SAIL
Explanation
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.
Business problems
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1. Which among the following becomes 1st Indian Shipyard to deliver 100 Warships?
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.
2. Which of the following bagged the AIMA Managing India Award 2019 for outstanding PSU of the year?
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.
3. Which of the following company is going to set up a CyberSecurity Fusion Centre (CSFC) in Frisco, Texas, US?
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.
4. The world's Highest Resolution Image Sensor was launched by;
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.
5. Name the telecom service provider who received a licence from the Department of Telecommunications (DoT) to provide Internet and mobile services on flights.
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.
6. Which of the following company gives a Nod for Transfer of Ratings Business tTo New Subsidiary?
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.
7. Which of the following inks MoU with BSE to provide Cyber Security Services?
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".
8. 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?
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.
9. Who signed a five-year multi-million-dollar IT outsourcing deal with IBM?
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.
10. Who has launched a recurring payment service for merchants?
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.