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
C
Correct answer
Explanation
New India Assurance Company (NIAC) was founded by Dorabji Tata in 1919. It is one of the oldest and largest insurance companies in India, nationalized in 1972. LIC (Life Insurance Corporation) was established later in 1956. UIIC (United India Insurance Company) and OIC (Oriental Insurance Company) were also formed later.
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Airtel
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Vodafone
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Spice
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None of these
D
Correct answer
Explanation
SAIL, BHEL, and ONGC are all Central Public Sector Enterprises (CPSEs) under the Government of India - SAIL (steel), BHEL (power equipment), and ONGC (oil and gas). Essar Oil is a private sector company in the oil refining business, not a government-owned PSU. The question asks which doesn't belong in the same category (PSU vs private).
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Uganda
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Nigeria
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Ivory Coast
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Morocco
A
Correct answer
Explanation
Reliance Communications Ltd. (RCL) in February 2008, acquired Uganda based Anupam Global Soft (U) Ltd., a company holding public infrastructure provider licence (PIPL) and public service provider licence (PSPL).
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Infosys Technologies
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Wipro
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HCL Infosystems
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IBM
C
Correct answer
Explanation
HCL Infosystems announced India's first personal computer with 1TB hard drive capacity in 2007. This was a significant milestone in Indian consumer technology, making high-capacity storage accessible to Indian users. While other companies listed are major IT players, this specific product launch was HCL's initiative.
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Wipro
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Reliance
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Indian Oil Corporation
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ONGC
C
Correct answer
Explanation
Indian Oil Corporation (IOC) has consistently been the highest-ranked Indian company in the Fortune Global 500 list, largely due to its massive revenue from petroleum operations. While Reliance and ONGC are also major energy companies, IOC's sales volume has historically placed it at the top of Indian rankings. The 135th position mentioned represents IOC's standing in the global list.
B
Correct answer
Explanation
The Bhatinda (Bathinda) oil refinery was established by HPCL (Hindustan Petroleum Corporation Limited) in Punjab. This refinery was a significant addition to India's refining capacity, particularly in northern India. HPCL, a public sector undertaking, invested in this refinery to strengthen the country's oil processing infrastructure and reduce dependency on imports.
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NMDC
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Power Finance Corporation
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MTNL
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BEL
A
Correct answer
Explanation
NMDC (National Mineral Development Corporation) was granted Navratna status in 2008, making it one of the more recent recipients among PSUs. Navratna status gives greater operational and financial autonomy.
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Bharti Airtel
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BSNL
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Idea cellular limited
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Reliance communications
A
Correct answer
Explanation
Bharti Airtel was the first private company to launch IPTV (Internet Protocol Television) services in India. This tests knowledge of telecom innovation milestones.
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WPP LIc
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Vibgyor limited
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Konark Inc
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Grandeur ad services
A
Correct answer
Explanation
WPP Ltd is the world's second-largest advertising company. This tests knowledge of the global advertising industry landscape and major players.
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Tata capital
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Reliance capital
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Reliiance mutual fund
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Sadbhav engg.
B
Correct answer
Explanation
After the Satyam scandal broke in January 2009, Reliance Capital replaced Satyam in the Nifty index. Nifty periodically reviews and replaces stocks based on market capitalization and trading volumes.
B
Correct answer
Explanation
Vinod Dham, known as the 'Father of the Pentium Chip', resigned from Sasken Communication Technologies in 2009. He was a board member at Sasken, not at Satyam, Wipro, or TCS.
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BhartI Airtel Ltd
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BSNL
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Reliance Conlmutlications
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Tata Teleservices
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None of these
C
Correct answer
Explanation
Reliance Communications (option C, despite the typo "Conlmutlications") signed an MOU with Microsoft in 2006 to provide IPTV services in India. This was part of Reliance's strategy to expand its telecommunications and media services. The other major telecom companies listed (Airtel, BSNL, Tata) were not the primary signatories of this specific Microsoft IPTV partnership.
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General Motors
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Nissan Motors
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Volswagen
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Hyundai Motors
B
Correct answer
Explanation
Ashok Leyland, the Indian commercial vehicle manufacturer, signed a master cooperation agreement with Nissan Motors of Japan in 2007 to set up a joint venture company in India. This partnership aimed to manufacture light commercial vehicles and leverage both companies' strengths. The other companies listed (GM, Volkswagen, Hyundai) did not have this specific JV agreement with Ashok Leyland.
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HPCL
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Reliance petroleum
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IOC
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ONGC
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None of these
C
Correct answer
Explanation
Dabur India Ltd. signed a pact with Indian Oil Corporation (IOC) for a rural retail partnership. This collaboration aimed to leverage IOC's extensive rural distribution network to reach consumers in smaller towns and villages. The other major oil companies listed (HPCL, Reliance Petroleum, ONGC) were not part of this specific Dabur partnership.