Corporate Quizzes this week will have questions related to acquisitions and mergers, one company buying stake in another company, appointment of the new CEOs and CFOs of the huge businesses, bank opening up new rural branches and much more. By answering these questions, you would be able to know about your level of preparation for the competitive exams.
1. PetroChina in the third week of December 2012 agreed to buy a 49.9 percent stake in which Canadian firm?
a) Encana's Natural Gas Project
b) Mackenzie Gas Project
c) Pengrowth Gas Project
d) Anderson Gas Project
Answer: (a) Encana's Natural Gas Project
2. Who was appointed as the new Chief Financial Officer of Levi Strauss & Co?
a) Harmit Singh
b) Harpreet Singh
c) Harkeerat Singh
d) Hardeep Singh
Answer: (a) Harmit Singh
3. What kinds of clauses were added by Marks & Spencer (M&S), the British retail company to the agreements in India?
a) Anti-theft clauses
b) Anti-bribery clauses
c) Anti-fraud clauses
d) None of these
Answer: (b) Anti-bribery clauses
4. ICICI Bank, the largest private sector bank of India on 13 December 2012 opened 101 distinct gramin branches or rural branches as the part of its financial enclosure plan. In how many states were these branches opened?
a) Ten states
b) Three states
c) Four states
d) Six states
Answer: (d) Six states
5. Where did the American Depositary Shares (ADS) of Infosys, India’s second-largest IT services provider started trading on 12 December 2012?
a) Bombay Stock Exchange
b) National Stock Exchange
c) New York Stock Exchange
d) Singapore Stock Exchange
Answer: (c) New York Stock Exchange
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