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A Learning Portal from Recruitment India
Tata Capital Growth Fund plans to acquire _______% stake in Biocon Biologics India for 30 Million USD
1.20%
0.45%
1.80%
0.85%
Answer with explanation
Answer: Option DExplanation
Biocon Biologics India approved the primary equity investment of around Rs.225 crores (30 Million USD) by Tata Capital Growth Fund for a 0.85% minority stake in Biocon Biologics, biosimilar business, at an equity valuation of around Rs. 26,250 crores (3.5 billion USD) and enterprise valuation of around Rs. 30,400 crores (4 billion USD).
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Which bank has launched a special two-month campaign called Kona Kona Umeed with offers and discounts across its suite of products, including for loans, savings accounts, etc.?
Kotak Mahindra Bank
Lakshmi Vilas Bank
Federal Bank
Yes Bank
Answer with explanation
Answer: Option AExplanation
Kotak Mahindra Bank has launched a special two-month campaign with offers and discounts across its suite of products, including for loans, savings accounts, current accounts, corporate salary accounts as well as curated deals on Kotak debit cards, credit cards and digital payments.
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Who among the following has been appointed the Private Secretary to Prime Minister Narendra Modi?
Nutan Guha Biswas
Hardik Satishchandra Shah
Rina Ray
Kewal Kumar Sharma
Answer with explanation
Answer: Option BExplanation
2010-batch IAS officer, Hardik Satishchandra Shah has been appointed the Private Secretary (PS) to Prime Minister Narendra Modi on co-terminus basis.
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Which country’s President is termed as “Mr Democracy” in a condolence statement by India
Signalling a more proactive political approach towards Taiwan, India Friday condoled the death of former Taiwan President Lee Teng-hui and called him “Mr Democracy”.
Taiwan
Hong Kong
Singapore
Malaysia
Answer
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Which former RBI Deputy Governer is the author of the book ‘Quest for Restoring Financial Stability in India’?
Shri S. S. Mundra
Viral V.Acharya
Shri R. Gandhi
Dr M. Patra
Answer with explanation
Answer: Option BExplanation
The book titled “Quest for Restoring Financial Stability in India” authored by former Reserve Bank of India (RBI) deputy governor Viral V.Acharya. The book is published by SAGE Publications India Pvt Ltd. The book portrays his quest to restore financial stability in India and offers a concrete plan for sustained improvement.
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SABIC polycarbonate facility of which country is set to become world’s first-of-its-kind to operate on 100 per cent renewable power?
Denmark
Singapore
Spain
Germany
Answer with explanation
Answer: Option CExplanation
SABIC’s polycarbonate facility in Spain is set to become the world’s first large scale chemical production plant which will run entirely on renewable power after a major agreement was signed with Iberdrola, an electricity utility company.
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The 6th BRICS Environment Ministers’ Meeting was held under the presidency of which country?
India
China
Russia
Brazil
Answer with explanation
Answer: Option CExplanation
The 6th BRICS Environment Ministers’ Meeting was held under the presidency of Russia
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Air Marshal Vivek Ram Chaudhari took charge as commander-in-chief of the Indian Air Force’s _____ Air Command
Western
Northern
Eastern
Southern
Answer with explanation
Answer: Option AExplanation
Air Marshal Vivek Ram Chaudhari on Saturday took charge as commander-in-chief of the Indian Air Force’s Western Air Command (WAC) which looks after the security of the country’s air space in the sensitive Ladakh sector as well as various other parts of north India.
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