Who was honoured with the EY Entrepreneur of the Year award for 2018 in this general knowledge question?

Difficulty: Easy

Correct Answer: Siddhartha Lal

Explanation:


Introduction / Context:
The EY Entrepreneur of the Year award recognises outstanding business leaders who have created significant value through innovation, growth and leadership. In India, this award highlights entrepreneurs who have transformed their companies and influenced entire sectors. This question asks which individual received the EY Entrepreneur of the Year award for 2018.


Given Data / Assumptions:
- The award is the EY Entrepreneur of the Year for 2018.
- The options are Sushil Chandra, Sunil Arora, Siddhartha Lal and None of the above.
- We assume the question refers to the Indian edition of the award, which is commonly covered in exam material.


Concept / Approach:
Siddhartha Lal, the Managing Director and chief executive of Eicher Motors, is known for reviving and expanding the Royal Enfield motorcycle brand. For his leadership in transforming the company and creating a strong global presence, he was honoured with the EY Entrepreneur of the Year award 2018 in India. Sushil Chandra and Sunil Arora are senior officials in election administration, not business entrepreneurs, which helps eliminate them.


Step-by-Step Solution:
Step 1: Recall that EY Entrepreneur of the Year recognises people from the business world, not election officials. Step 2: Identify Siddhartha Lal as the leader behind Eicher Motors and Royal Enfield's growth, widely discussed in business news. Step 3: Remember that he received the EY Entrepreneur of the Year 2018 title for his contributions. Step 4: Confirm that Sushil Chandra and Sunil Arora are associated with the Election Commission, not business entrepreneurship. Step 5: Select Siddhartha Lal as the correct answer.


Verification / Alternative check:
To verify, connect this award with news of Royal Enfield's success in domestic and international motorcycle markets under Siddhartha Lal's leadership. Business newspapers frequently profiled him when the award was announced, emphasising his role in repositioning Royal Enfield as a premium, aspirational brand. Those articles explicitly mentioned that he was chosen as the EY Entrepreneur of the Year 2018 in India.


Why Other Options Are Wrong:
- Sushil Chandra: Known for his role as an election commissioner, not as a corporate entrepreneur recognised by EY.
- Sunil Arora: Served as Chief Election Commissioner, again not connected to the EY entrepreneurship award.
- None of the above: Incorrect because Siddhartha Lal, listed in option C, is indeed the awardee.


Common Pitfalls:
Some candidates may not distinguish between business awards and public service positions, especially when names are familiar from different contexts. Others might guess None of the above if they do not recall the exact name. To avoid this, associate Siddhartha Lal clearly with Eicher Motors and Royal Enfield, and remember his recognition by EY in 2018.


Final Answer:
The EY Entrepreneur of the Year 2018 award was given to Siddhartha Lal.

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