Corporate Current Affairs Quiz/Questions-Answers December 2012, December 24-December 30

Corporate quizzes here will ask you questions related to corporate world, mergers and acquisitions and appointment of new CEOs and CFOs. Which company was leading in the race, who acquired whom and similar scenarios will be the focus of these corporate current affairs quizzes. Answer the questions asked below to test your abilities and knowledge about the corporate world.

1. Mitsui Corp, the private equity company of Japanese multinational bought marginal stake in which Gurgaon-based pharmacy store?
a) Global Healthline
b) Alive Mediways
c) Apollo Pharmacy
d) Guardian Lifecare
Answer: (d) Guardian Lifecare

2. Why did the Chinese subsidiary of Jaguar Land Rover decided on 25 December 2012 to recall 337 cars?
a) below-standard fixture of brakes and steering boxes
b) below-standard fixture of headlights
c) below-standard fixture of front mirror
d) below-standard fixture of seats
Answer: (a) below-standard fixture of brakes and steering boxes

3. Instagram photo-sharing service was slapped with first civil lawsuit which resulted because of its changed terms of service leading to protests from the user in the third week of December 2012. Where was the civil lawsuit filed against Instagram?
a) Superior Court of California
b) Federal Court of California
c) Superior Court of San Francisco
d) Federal Court of San Francisco
Answer: (d) Federal Court of San Francisco

4. Mitsui Corp, the private equity company of Japanese multinational bought marginal stake in Guardian Lifecare, the Gurgaon-based pharmacy store. This indicates how foreign investors are keen towards 20 billion dollar pharmacy as well as wellness market of India. Which of the following statements is false in this context?
a) A Mitsui fund put in dedicated growth capital of over 80 crore Rupees in Guardian Lifecare.
b) The revenue of chain in 2012 was 110 crore Rupees.
c) Guardian Lifecare is a company that is engaged in retailing drugs with 230 stores in 20 cities.
d) Guardian Lifecare started selling the third-party branded products under its own brand name with over 220 stock units in various categories such as mineral water, vitamins, personal care, nutrition, sports nutrition and many more.
Answer:  (b) The revenue of chain in 2012 was 110 crore Rupees.

5. Jaguar Land Rover, the British luxury brand which is owned by _________. Fill in the blank with appropriate option:
a) Volkswagon
b) Ford
c) Tata Motors
d) Holden
Answer: (c) Tata Motors