Business Quiz of the Week – March 1 to March 8

A business quiz is based on the latest developments in the business world. This article presents the business quiz for the 1st March to 8th March 2016 week. This Quiz would be quite instrumental in various management competitive exams such as IIFT, SNAP, XAT, CMAT, MAT etc. Read the multiple choice questions below and know how well updated you are with the current happenings.

1. Pharma major Pfizer's Global Established Products has launched one of its biggest selling antacid in liquid form in a sachet packing for Rs.8/-. What is the name of the antacid launched by the company?

a) Diazen

b) Eno

c) Gelucil

d) Brufen

2. A digital payment wallet has been launched by one of the e-commerce shopping website, to complete with Paytm and Freecharge. Can you guess the name of the e-commerce giant?

a)

b)

c)

d)

3. The E-commerce major Flipkart has announced a new CEO of the company on 29th February, 2016 who would be responsible for taking the company to greater heights and will be accountable for Flipkart's overall performance. Can you name the person?

a) Sachin Bansal

b) Binny Bansal

c) Saurabh Bansal

d) Mukesh Bansal

4. The online food e-tailer Zomato, has shut down its online ordering operation in four towns of India, as the size of the market in these cities is small. Identify which of the cities is not barred by Zomato from the online ordering facility.

a) Coimbatore

b) Indore

c) Kanpur

d) Lucknow

5. A new tax has been introduced by the Modi Government in the Budget 2016-2017 for the digital media space, named as “Google Tax”. The tax calls for a deduction to be made by an Indian payer on payments to a nonresident entity for specified B2B services like ‘advertising’. What is the percentage of the deduction set in the budget?

a) 10%

b) 2.05%

c) 0.05%

d) 6%

6. A member of the World Bank Group, on 1 March 2016 launched its first Uridashi Masala Bonds worth 300 million rupees to promote private sector development in India. Can you guess the name of the member who took this initiative?

a) UNICTAD

b) International Finance Corporation

c) Financial Corporation of India

d) International Monetary Fund

7. In the Union Budget 2016-17, in order to lessen tax burden on individuals with income not exceeding 5 lakhs rupees per annum, the ceiling of tax rebate was proposed to rise from Rs. 2000 to Rs. 5000 under which section?

a) 87a

b) 80cc

c) 80c

d) 80d

8. Indian cricket team led by Mahendra Singh Dhoni won the Asia Cup 2016 for the record sixth time. Which of the following countries were not the participants in the Asia cup?

a) Sri Lanka

b) United Arab Emirates

c) Bhutan

d) Pakistan

9. Liquor baron Vijay Mallya-led United Breweries Limited (UBL) has commenced supply of beer from a brewery in Rajasthan. Which brewery brand has been acquired by UBL to run this operation?

a) Northern Spirits Pvt Ltd

b) Pacific Spirits Pvt Ltd

c) Breweries Spirits Pvt Ltd

d) Diageo Spirits Pvt Ltd

10. Suzuki Motor Corporation (SMC) has launched the premium hatchback car in the Japanese market. The car has been manufactured in India by the subsidiary Maruti Suzuki India. Can you name the brand launched by the company?

a) Ertiga

b) Celerio

c) Ciaz

d) Baleno

Answers: