General Awareness · Banking Financial Awareness
Corporate Organizations and Industry
2,259 Questions
Corporate organizations and industry questions test knowledge of major Indian brands, IT companies, and recent corporate acquisitions. Topics cover brand ambassadors, company histories, and industry milestones. This section is vital for the general awareness preparation of banking and administrative exams.
Indian IT companiesCorporate brand originsTelecommunication servicesCompany acquisitionsTata group businessesIndustry milestones
Corporate Organizations and Industry Questions
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New India Assurance Company Ltd.
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National Insurance Company Ltd.
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Oriental Insurance Company Ltd.
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United India Insurance Company Ltd.
A
Correct answer
Explanation
The State Bank of India entered into a bancassurance agreement with New India Assurance Company Ltd. to market their non-life insurance products through the bank's branch network.
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Suzuki
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Raikonnen
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Wilbur Ross
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Daiichi
C
Correct answer
Explanation
In 2009, Wilbur Ross, a prominent American investor, acquired a significant stake in the Indian airline SpiceJet.
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ONGC
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Reliance Industries Ltd.
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State Bank of India
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Indian Oil
B
Correct answer
Explanation
The leading Indian company in field of M-cap is Reliance Industries Ltd. Reliance Industries Limited (RIL) (BSE: 500325, NSE: RELIANCE, LSE: RIGD) is an Indian conglomerate company headquartered in Mumbai, Maharashtra, India. RIL is one of the largest publicly traded company in India by market capitalisation.
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Reliance Communications Ltd.
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Tata Communications Ltd.
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Airtel Bharti Communications Ltd.
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None of these
B
Correct answer
Explanation
Videsh Sanchar Nigam Ltd. has been renamed as Tata Communications Ltd. Telecom company Videsh Sanchar Nigam Ltd (VSNL), formerly owned by the government and now in the Tata fold, has been renamed Tata Communications Ltd.
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Ford Motor Company
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Honda Motor Company
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Toyota Motor Corporation
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Maruti Suzuki
A
Correct answer
Explanation
Tata Motors signed a long-term partnership agreement with Ford Motor Company, particularly in the context of the Jaguar Land Rover acquisition and technology sharing. The other options are competitors or unrelated to this specific historical partnership.
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Reliance Petroleum
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Oil India Ltd.
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Oil and Natural Gas Commission
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Bharat Petroleum Corporation Ltd.
B
Correct answer
Explanation
Oil India Ltd. (OIL) signed a pact to obtain oil exploration blocks in Libya. While other companies like ONGC also operate internationally, the specific news event regarding the Libya pact involved Oil India Ltd.
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Tata
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Mukesh Ambani
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Kumarmangalam Birla
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L. N. Mittal
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None of these
D
Correct answer
Explanation
In 2007, the Indian government allowed L.N. Mittal to acquire a stake in the HPCL refinery project.
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Bihar Electronics and Melamines Ltd.
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Bharat Earth Movers Ltd.
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British Electronics and Metalics Ltd.
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Brick Kiln Engg. and Metals Ltd.
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None of these
B
Correct answer
Explanation
BEML stands for Bharat Earth Movers Limited. It is a public sector undertaking that manufactures heavy equipment for mining, construction, and defense.
E
Correct answer
Explanation
Following the acquisition of Corus Group by Tata Steel in 2007, the combined entity became the fifth-largest steel producer in the world at that time.
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Bharat Electronics Limited (BEL)
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Hindustan UniLiver Ltd (HUL)
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Bharat Heavy Electrical Ltd (BHEL)
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None of these
A
Correct answer
Explanation
Bharat Electronics Limited (BEL) received the British Safety Council Award in 2008 for its commitment to occupational health and safety standards. BHEL is a separate entity.
B
Correct answer
Explanation
This was the first successful privatisation of a Central Public Sector Undertaking, carried out by the Government. Lagan Jute Machinery Company was a Calcutta based company that was in decline, In the initial stages of disinvestment LJMC was approved for privatisation through sale of 74 % stake to a strategic partner.
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Cellular mobile
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Courier
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Telecom
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Banking
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Insurance
C
Correct answer
Explanation
This is the correct answer.
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HAL
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TCS
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Infosys
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NIIT
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Wipro
A
Correct answer
Explanation
HAL stands for Hindustan Aeronautics Limited, which is an aerospace and defense company, not an IT services company like TCS, Infosys, or Wipro.
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BHEL
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GAIL
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VSNL
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TCS
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None of these
C
Correct answer
Explanation
VSNL (Videsh Sanchar Nigam Limited) was the first Indian Public Sector Undertaking to be listed on the New York Stock Exchange in 1999.