Latest Business and Economics General Knowledge(GK) Questions and answers

1 .

Which Motor Company 1st Indian 2-wheeler maker to join United Nations Global Compact (UNGC)?

A)

Bajaj Motor

B)

Hero Motor

C)

Honda Motor

D)

TVS Motor

Correct Answer : TVS Motor

TVS Motor Company, the flagship company of TVS Group, has joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate sustainability initiative. TVS Motor has become the 1st Indian 2-wheeler and three-wheeler manufacturer to join the UNGC. TVS Motor will also engage in collaborative projects which will advance the development goals of the UN, particularly the Sustainable Development Goals (SDG).

2 .

Which company launched the world's 1st Merchant Shareholding Program (MSP)?

A)

G Pay

B)

BharatPe

C)

PhonePe

D)

Amazon Pay

Correct Answer : BharatPe

BharatPe launched the World’s 1st Merchant Shareholding Program (MSP) for its merchant partners. It is a $100 million worth program, under which the company offers its merchant customers an opportunity to buy BharatPe’s equity shares and become a partner. The company plans a public listing by 2024 and targets a public listing value of $1 billion.

3 .

Which company has become the world's most valuable company?

A)

Apple

B)

Google

C)

Microsoft

D)

Amazon

Correct Answer : Microsoft

This Microsoft reign just won't end! On Friday(29-10-2021), Apple's arch rival Microsoft surpassed iPhone maker's market cap to become the world's most valuable public company.

When market was coming to a close on Friday, Microsoft's market cap stood at $2.49 trillion while Apple's market capitalisation stood at $2.46 trillion.

4 .

Which country is the World's largest 'Bitcoin mining centre'?

A)

USA

B)

Russia

C)

Kazakhstan

D)

Switzerland

Correct Answer : USA

* The US has overtaken China to become the World’s largest Bitcoin mining centre following the crackdown of mining operations in China, data published by Britain’s Cambridge Centre for Alternative Finance showed.

* China’s share of the power of computers connected to the global bitcoin network, known as the ‘hash rate’, had fallen to zero by July from 44% in May.

* The United States now accounts for the largest share of mining, some 4% of the global hash rate as of end-August, followed by Kazakhstan and Russia.

5 .

Who has been appointed as the brand ambassador of the CoinSwitch Kuber, a cyrpto currency platform?

A)

Ranveer Singh

B)

Akshay Kumar

C)

Virat Kohli

D)

Amitabh Bachchan

Correct Answer : Ranveer Singh

On October 08, 2021, Ranveer Singh has been appointed as a brand ambassador for CoinSwitch Kuber, one of India’s largest crypto platforms.

Through this new partnership, CoinSwitch Kuber aims to take advantage of Ranveer’s popularity, particularly among the Gen Z and millennial customers.

CoinSwitch Kuber and Ranveer Singh will work towards highlighting the growing acceptance of crypto in India along with enhancing crypto awareness and trust in this emerging asset class.

6 .

Mukesh Ambani has topped the Forbes India Rich list in 2021, to retain his position as the wealthiest Indian for the ________consecutive year

A)

9th

B)

11th

C)

12th

D)

14th

Correct Answer : 14th

The Reliance Industries Limited (RIL) Chairman Mukesh Ambani has topped the Forbes India Rich list for 2021, released on October 07, 2021. The list ranks India’s 100 richest Indians.He has retained his position as the wealthiest Indian for the 14th consecutive year on Forbes India list, since 2008.The tycoon added $4 billion to his net worth in 2021, to bring his total fortune to $92.7 billion.

7 .

The Moody's Investor Service has recently revised the sovereign rating outlook of India to______

A)

Prime

B)

Stable

C)

Neutral

D)

Negative

Correct Answer : Stable

Rating agency Moody’s Investors Service has upgraded India’s sovereign rating outlook to ‘stable’ from ‘negative’ , on October 05, 2021, following an improvement in the financial sector and faster-than expected economic recovery across sectors.

8 .

India has been selected as Partner Administration for the Tax Inspectors Without Borders (TIWB) in Seychelles. The initiative is launched by which organisation?

A)

FATF

B)

UNESCO

C)

UNDP and OECD

D)

World Bank and WTO

Correct Answer : UNDP and OECD

The Tax Inspectors Without Borders (TIWB) has launched its programme in Seychelles on October 04, 2021. India has been chosen as the Partner Administration for this programme. The country will be providing its Tax Expert in support of the initiative. TIWB is a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD), since its launch in 2015.

9 .

The 23-year-old Shashvat Nakrani is the youngest self-made individual in Hurun India Rich List 2021. He is the co-founder of which company?

A)

Paytm

B)

BharatPe

C)

PhonePe

D)

Amazon Pay

Correct Answer : BharatPe

The IIFL Wealth Hurun India Rich List came out with its latest top 100 wealthiest people in the country and there are quite a few new faces on there. Notably, the youngest person on the list is 23-year-old Shashvat Nakrani. He is the entrepreneur and founder behind the payment platform BharatPe, which he founded in his third year of college. He is among 13 individuals on the list who were born in the 90s who are all considered self-made individuals by the listing entity.

Nakrani co-founded the BharatPe payment gateway with his colleague Ashneer Grover, in 2018. Keep in mind that he had only joined the In Indian Institute of Technology, Delhi in 2015. In just 2 years he established his very own company, which has gone on to give competition to the likes of Paytm and PhonePe and other payment gateway platforms in India.

Nakrani, who was part of the 2015 batch of IIT Delhi, got his bachelor’s degree in Textile Technology. Hailing from Bhavnagar, India, this young entrepreneur has come a long way. During his third year, he had identified a large gap in the market, the presence of a payment gateway that was accessible to merchants that did not cut into their margins.

10 .

Privateer Space is a new space startup, co-founded by Alex Fielding in partnership with Apple Inc. co-founder ______

A)

Steve Wozniak

B)

Janet Hill

C)

Andy Hertzfeld

D)

Tim Berners-Lee

Correct Answer : Steve Wozniak

Apple co-founder Steve Wozniak is working to startup a new space company, Privateer Space, whose mission will be to clean up the ever-growing issue of space debris. Privateer Space is working to keep space safe and accessible to all humankind. Co-founded by Apple co-founder Steve Wozniak and Ripcord founder Alex Fielding, Privateer will be providing private audiences a glimpse into the companies future plans at the AMOS Tech Conference in September 2021 in Maui Hawaii.

Business and Economics - General Knowledge Questions