General Awareness ยท 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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Videocon
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Philps
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BPL
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Onida
A
Correct answer
Explanation
Videocon is an Indian multinational conglomerate that manufactures consumer electronics, including televisions. The other options (Philips, BPL, Onida) include foreign brands or competitors.
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Citi Global Services Limited
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Comicrom
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TKS-Teknosoft
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Pearl Group
A
Correct answer
Explanation
Tata Consultancy Services (TCS) acquired Citi Global Services Limited (CGSL) in October 2008 for $505 million, which significantly expanded TCS's banking and financial services capabilities. Options B (Comicrom), C (TKS-Teknosoft), and D (Pearl Group) were not the companies acquired by TCS in this specific deal.
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Australia
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Sweden
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India
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United Kingdom
C
Correct answer
Explanation
Phoenix Global Solutions was an Indian company specializing in aviation software and IT solutions for the airline industry. TCS acquired this company to expand its capabilities in the aviation sector. Phoenix was based in India and worked with major airlines to provide software solutions for passenger services and operations.
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TKS-Teknosoft
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Phoenix Global Solutions
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Citi Global Services Limited
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Pearl Group
C
Correct answer
Explanation
Citi Global Services Limited (CGSL) was TCS's largest acquisition in terms of scale and value. TCS acquired CGSL from Citigroup in 2008 for approximately $505 million in cash, making it one of the biggest deals in Indian IT history. CGSL had over 12,000 employees and significantly expanded TCS's financial services capabilities.
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CMC Limited
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Airline Financial Support Services India (AFS)
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Aviation Software Development Consultancy India (ASDC)
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Swedish Indian IT Resources AB (SITAR)
A
Correct answer
Explanation
CMC Limited was the first company acquired by TCS in 2001. CMC was a government-owned IT services company that TCS acquired as part of the privatization process. This marked TCS's entry into the mergers and acquisitions space and laid the foundation for its subsequent acquisition strategy.
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IT Services
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Insurance
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BPO
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Banking BPO
B
Correct answer
Explanation
Pearl Group is a UK-based financial services company specializing in insurance, particularly life insurance and pension products. The company focuses on managing insurance portfolios and providing financial protection services rather than IT services, BPO, or banking BPO.
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Daily Mirror
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Daily Mail
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India Daily
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None of these
A
Correct answer
Explanation
Daily Mirror used the slogan 'Biggest daily sale on Earth' to promote itself as having the largest circulation. This was part of their marketing to attract readers and advertisers.
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Textile mills company
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Consumer goods company
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IT company
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Vegetable oil trading company
D
Correct answer
Explanation
Wipro began in 1945 as Western India Vegetable Products Ltd, a vegetable oil trading company. It was founded by Mohamed Premji. The company later diversified into soaps, hydraulic cylinders, and eventually IT services in the 1980s.
A
Correct answer
Explanation
'Beyond Petroleum' is the tagline and also what BP stands for today (formerly British Petroleum). This slogan reflects BP's rebranding efforts to emphasize clean energy and environmental responsibility beyond just petroleum. HP (Hindustan Petroleum) uses 'Miles ahead', ONGC is 'Making energy flow', and Reliance Petroleum's tagline is 'Reliance'.
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Tata Computer Services
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Tata Computer Centre
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Tata & Tata Computers
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Tata IT services
B
Correct answer
Explanation
TCS began as 'Tata Computer Centre' in 1968, initially providing computer services to other Tata Group companies. It was later renamed to Tata Consultancy Services. The other options are not historically accurate names for TCS.
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Tata Research Development Institute (TRDI)
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TISCO
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Tata Research Development and Design Center (TRDDC)
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Unit Trust of India
C
Correct answer
Explanation
TRDDC (Tata Research Development and Design Center) was established by TCS in 1981 as India's first dedicated software research and development center. TRDI is not a real TCS entity, TISCO is Tata Steel (a different company), and UTI is a financial institution.
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Citi Global Services Limited
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IBM Daksh
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Wipro BPO
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Progeon
A
Correct answer
Explanation
TCS acquired Citi Global Services Limited from Citigroup in 2008 for approximately $505 million, significantly expanding its BPO and financial services capabilities. IBM Daksh was acquired by IBM, Wipro BPO is part of Wipro, and Progeon was acquired by Infosys.
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CMC Limited (India)
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TCS e-Serve Limited (India)
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WTI Advanced Technology Limited (India)
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None of these
D
Correct answer
Explanation
All three listed companies - CMC Limited, TCS e-Serve Limited, and WTI Advanced Technology Limited - were direct subsidiaries of TCS in India during the mid-2000s. Therefore 'None of these' is correct as none of them are 'not' subsidiaries.
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Cotton Corporation of India Limited (CCI)
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Hindustan Petroleum (HP)
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Indian Oil Corporation Limited (IOCL)
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Steel Authority of India Limited (SAIL)
B
Correct answer
Explanation
Hindustan Petroleum Corporation Limited (HPCL) emerged from the nationalization and amalgamation of ESSO and Caltex operations in India during the 1970s. The government took over these foreign oil companies' assets and merged them to form HPCL, which became one of India's major public sector oil companies. The other options (CCI, IOCL, SAIL) are PSUs but not related to this specific amalgamation.
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Electronic city
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Whitefield
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Marathalli
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Domlur
A
Correct answer
Explanation
Electronic City in Bangalore is Asia's largest technology park employing over 1 lakh IT professionals. Whitefield, Marathalli, and Domlur are also Bangalore tech hubs but not the largest.