Corporate Current Affairs Quiz March 2011, March 7- March 13

Taking the Corporate Current Affairs  Quizzes will test as well as enhance your knowledge of major corporate events. The corporate quiz for March 2011 will make you better prepared to face competitive examinations like that of Bank PO, NABARD, RBI, LIC, Civil Services, MBA etc.

1. Read the two statements stated below.
1.    Insecticides (India) Ltd. (IIL), an agrochemicals manufacturing company announced on 7 March 2011 that it acquired of the Monocil brand from Nocil.
2.    Tata Realty and Infrastructure Ltd. (TRIL) and Tata Realty Initiatives Fund 1 (TRIF 1) on 7 March 2011 announced the acquisition of Insecticides (India) Ltd. (IIL), an agrochemicals manufacturing company.
Which of the following statements is/are false?
a.    1
b.    2
c.    1 & 2
d.    None of the above
Answer: (b)

2. Indian Army signed memorandum of understanding (MoU) with which of the following nationalised bank of the country to promote defence salary package?
a.    PNB
b.    SBI
c.    Axis bank
d.    Indian Overseas Bank
Answer: (a)

3. Who did Mutual fund industry body AMFI (The Association of Mutual Funds in India) appoint as its new chairman?
a.    Sundeep Sikka
b.    Milind Barve
c.    U K Sinha
d.    Rajat Gupta
Answer: (b)

4. HSBC Global Investment Funds (Mauritius) Ltd offloaded 0.91 per cent of its stake in Aurobindo Pharma Ltd in open market sales. After the offloading of shares what percentage of shares does it continue to hold in the Hyderabad-based company?
a.    2.50%
b.    3.41%
c.    3.1%
d.    2.6%
Answer: (a)

5. Mahindra & Mahindra (M&M) signed a strategic alliance with which global networking company to create new benchmarks through its smart solutions?
a.    Cisco Systems
b.    NETGEAR
c.    Blue Coat Systems
d.    CDW Corporation
Answer: (a)

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