Current Affairs Corporate Quiz for August 2010

Taking the Current Affairs Corporate Quizzes will test as well as enhance your knowledge of major corporate events. The corporate quiz for August 2010 will make you better prepared to face competitive examinations like that of Bank PO, NABARD, RBI, LIC, Civil Services, MBA etc.

1. The Securities and Exchange Board of India (SEBI) has issued notices to two of ADAG companies and their top executives, including group Chairman Anil Ambani in a matter relating to stock market transactions. Which are the two companies?
1. Reliance Natural Resources Ltd (RNRL)
2. Reliance Infrastructure Ltd (RInfra)
3. Reliance Communication
4. Reliance Capital
5. Reliance Power
a. 4 & 5
b. 3 & 4
c. 2 & 5
d. 1 & 2

Answer: d

2. Minister of State for Petroleum and Natural Gas, Jitin Prasada informed the Rajya Sabha on 3 August 2010 that an airline company was extended 60 days credit by public sector oil retailer Hindustan Petroleum Corporation Ltd (HPCL) for supply of aviation turbine fuel (ATF). Which airline company was he referring to?
a. Indian Airlines
b. Jet Airways
c. Kingfisher Airlines
d. Indigo Airlines

Answer: c

3. Air India recently cancelled the $1.6-million contract it had entered into with the Australian company after Minister for Civil Aviation, Praful Patel, informed the Rajya Sabha that National Aviation Company of India had appointed the company to revitalise its brand identity at a fee of around $1.6 million plus taxes. Name the Australian company with which Air India had entered an contract.
a. Cato Purnell Partners
b. Angus and Robertson
c. Australian Biodiesel Group Limited
d. Esanda Finance Corporation Ltd

Answer: a

4. YBR 125 and SZ are the two new bikes recently launched in India by a Japanese bike maker on 4 August to consolidate the company’s position in the Indian mass market segment. Name the company that launched the bikes.
a. Yamaha
b. Kawasaki
c. Suzuki
d. Honda

Answer: a

5. With regard to the recent imposition of the RBI on two private sector lender, which of the following statement/statements is or are true?
1. On 2 August 2010 the RBI imposed penalty on ICICI Bank and Standard Chartered Bank.
2. RBI penalized ICICI bank with Rs 5 lakh for violating Know-Your Customer norms.
3. RBI penalized Stan Charts with a whooping Rs 10 lakh because it did not abide by RBI’s norms on home loan lending.
4. ICICI was held responsible for violating Anti Money Laundering (AML) standards.
a. 1,3 & 4
b. 1 & 2
c. 2 & 4
d. 3 & 4

Answer: c

6. On 7 August 2010 which Indian auto maker decided to bid for the majority stake in SsangYong Motor of South Korea?
a. Tata Motors
b. Mahindra & Mahindra
c. Ashok Leyland
d. Maruti Suzuki India

Answer: b

7. Which state government accepted recently to pick up 26 per cent stake in the proposed Barmer refinery to be set up by Oil and Natural Gas Corporation (ONGC)?
a. Gujarat Government
b. Rajasthan Government
c. Maharashtra Government
d. Madhya Pradesh Government

Answer: b

8. Which of the following company became the first company headquartered in India to be recognised as a Bluetooth Qualification Test Facility (BQTF) by the Bluetooth Special Interest Group (SIG)?
a. Cognezant
b. Wipro Technologies
c. Infosys
d. TCS

Answer: b

9. Sistema Shyam TeleServices Ltd (SSTL) was sanctioned a loan of Rs 1,300 crore by State Bank of India. Which is the Russian conglomerate that holds 74% stake in SSTL and was appointed the corporate guarantor for the loan?
a. JFSC Sistema
b. MTS Siestma
c. Kosolapov Siestma
d. JTSM Siestma

Answer: a

Preparing Current Affairs for Competitive Exams now made easy by our Jagran Josh Current Affairs Section.