Corporate Current Affairs Quiz/Questions-Answers May 2011, May 16- May 22

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

1. Name the founder of BPO firm Genpact in 1997 who decided to step down as president and CEO of the firm.
a.    Pramod Bhasin
b.    N V Tyagarajan
c.    Jack Welch
d.    Bob Pryor
Answer: (a)

2. Which bank posted a 99 per cent drop in net profit at Rs 21 crore for the fourth quarter ended 31 March 2011 against Rs 1867 crore during the corresponding period in 2010?
a.    Indian Overseas Bank
b.    State Bank of India
c.    Bank of India
d.    United Bank of India
Answer: (b)

3. Which of the following telecom companies reported an operating profit for the first time since its operations in India at Rs 110 crore (£15 million) for the year ended 31 March 2011?
a.    Bharti Airtel
b.    Uninor
c.    Vodafone Essar
d.    Idea Cellular
Answer: (c)

4. India's largest private sector firm, approached the Securities and Exchange Board of India for the third time, seeking an out-of-court settlement to charges of insider trading. Name the firm.
a.    Reliance Industries
b.    Tata Consultancy Svcs
c.    DLF Limited
d.    ITC
Answer: (a)

5. Who did global payments processing company MasterCard appoint as the General Manager, South Asia and Country President, India?
a.    T. V. Seshadri
b.    Vicky Bindra
c.    Tunde Lemo
d.    Ajay Banga
Answer: (a)

6. For the first time in history the most valuable PSU of India registered a zero percent production growth in 2010-11.Name the PSU.
a.    Coal India
b.    ONGC
c.    Indian Oil
d.    Hindusthan Petroleum
Answer: (a)

7. Which port in India bagged the Old is Gold award of Kirloskar Brother Ltd (KBL), Pune, for the oldest Kirloskar Industrial Pump in working condition in India?
a.    Kandla Port Trust
b.    Jawaharlal Nehru Port Trust
c.    New Mangalore Port Trust
d.    Cochin Port Trust
Answer: (d)

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