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Daily Current Affairs 29 February 2024


6. What significant merger deal has Reliance Industries (RIL) recently unveiled in the entertainment industry?

A. Merger of Viacom18 Media with PayU Payments Private Ltd

B. Integration of Viacom18 Media and Star India by merging operations

C. Acquisition of Disney by Viacom18 Media

D. Formation of a joint venture between RIL and The Walt Disney Company

Discuss Work Space

Answer: option b

Explanation:

Reliance Industries (RIL) has unveiled a significant merger deal with Viacom18 Media and The Walt Disney Company, aimed at integrating the operations of Viacom18 and Star India.

7. Which book was recently released by Governor P. S. Sreedharan Pillai?

A. "The Basic Structure and Republic"

B. "Governance and Democracy"

C. "Leadership and Innovation"

D. "Legislation and Governance"

Discuss Work Space

Answer: option a

Explanation:

Governor P. S. Sreedharan Pillai recently released the book titled "Basic Structure and Republic" at a notable event at the Durbar Hall (Old) of Raj Bhavan.

8. Who has been appointed as the chairperson and independent director of PayU Payments Private Ltd?

A. Renu Sud Karnad

B. Ravindra Kumar

C. Subhash Shirodkar

D. Rajeev Chandrasekhar

Discuss Work Space

Answer: option a

Explanation:

Renu Sud Karnad has been appointed as the chairperson and independent director of PayU Payments Private Ltd, emphasizing the company's commitment to leveraging experienced leadership.

9. What is the reason behind India's surge in weightage in the MSCI Global Standard (Emerging Markets) index?

A. Acquisition of major international companies by Indian firms

B. Standardized foreign ownership limits in India

C. Decline in domestic equity rally in India

D. Outperformance of other emerging markets, particularly China

Discuss Work Space

Answer: option b

Explanation:

India's surge in weightage in the MSCI Global Standard (Emerging Markets) index is attributed to factors such as standardized foreign ownership limits and sustained domestic equity rally.

10. What is the purpose of the 'Investor Information and Analytics Platform' recently introduced by IIT Madras?

A. To facilitate mergers and acquisitions in the startup ecosystem

B. To serve as a centralized hub for startups to access investors and government schemes

C. To provide training programs for aspiring entrepreneurs

D. To regulate the flow of investments in the startup ecosystem

Discuss Work Space

Answer: option b

Explanation:

The 'Investor Information and Analytics Platform' introduced by IIT Madras serves as a centralized hub for startups to access investors, government schemes, and other crucial components of the startup ecosystem.


Daily Current Affairs 29 February 2024 FAQ

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