The Government of India has officially handed over Air India to the Tata Group but what is the value of this deal?

Rs 29,000 crore

Rs 24,000 crore

Rs 18,000 crore

Rs 13,000 crore

Correct Answer : Option (C) - Rs 18,000 crore

The Government of India officially handed over India’s flag carrier, Air India to Talace Private Limited, a subsidiary of Tata Group, on January 27, 2022, almost 69 years after acquiring the conglomerate. The total value of the deal is Rs 18,000 crore (USD 2.4 billion). Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. The deal also includes sale of Air India Express and ground handling arm AISATS.

Published On : January 28, 2022

Category : Business and Economics

Recent General Knowledge Questions

Q .

Who secured third place at the inaugural King Cup International Badminton Open in Bangkok?

Hu Zhe'an

Alex Lanier

Kidambi Srikanth

Lakshya Sen

Correct Answer : Lakshya Sen

* Lakshya Sen, the 23-year-old Indian badminton star from Almora, clinched third place at the King Cup International Badminton Open in Bangkok.

* He defeated French rising star Alex Lanier in the bronze-medal playoff with a convincing scoreline of 21-17, 21-11.

* This achievement highlights Lakshya’s consistent performance and resilience on the international stage despite narrowly missing out in the semifinals.

Published On : December 31, 2024

Category : Sports

Q .

Who broke the record for the fastest 200 wickets by an Indian in Test cricket?

Jasprit Bumrah

Ravindra Jadeja

Mohammed Shami

Ravichandran Ashwin

Correct Answer : Jasprit Bumrah

* Jasprit Bumrah made history as the fastest Indian bowler to reach 200 wickets in Test cricket, achieving this milestone in just 44 Tests.

* He surpassed the previous record held by Mohammed Shami. Bumrah's exceptional performance, including a standout display in the Boxing Day Test against Australia, helped him achieve this feat with remarkable efficiency. His average of 19.56 made him the first bowler to reach 200 wickets with a sub-20 average, further cementing his place among the best Test bowlers globally.

Published On : December 31, 2024

Category : Sports

Q .

What is the projected growth rate of the Indian economy for FY25 according to Deloitte?

6.5-6.8%

6.7-7.3%

7.0-7.5%

7.2-7.8%

Correct Answer : 6.5-6.8%

* Deloitte forecasts the Indian economy to grow at 6.5-6.8% in FY25, driven by strong domestic consumption, infrastructure development, and digitisation efforts.

* While challenges such as geopolitical tensions and global liquidity constraints may pose risks, India’s resilience in services, manufacturing exports, and stable capital markets provides a solid foundation for sustained economic growth.

Published On : December 31, 2024

Category : Indian Economy