Daily Current Affairs Quiz - 15th May 2025
May 19 2025
Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 15th May 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.
1) Which bank has become the first from the Middle East and Africa (MEA) region to open a branch in India’s GIFT City?
a) Emirates NBD
b) Doha Bank
c) Bank of Africa
d) Abu Dhabi Commercial Bank
e) Qatar National Bank (QNB)
2) Which regulatory body granted final approval to PayU to operate as an online payment aggregator?
a) SEBI
b) NITI Aayog
c) Ministry of Finance
d) Reserve Bank of India (RBI)
e) NPCI
3) In which year did Shriram Finance Limited merge with Shriram City Union Finance Ltd (SCUF)?
a) 2022
b) 2021
c) 2020
d) 2023
e) 2024
4) What is the primary objective of the partnership between Dvara Solutions and Kissandhan?
(a) To launch a new agricultural commodity exchange
(b) To enhance loan lifecycle workflows and ensure regulatory compliance
(c) To establish a microfinance bank
(d) To expand into international markets
(e) To merge with SLCM and form a new entity
5) What was India’s retail inflation rate (CPI) in April 2025?
(a) 4.00%
(b) 3.34%
(c) 3.25%
(d) 2.98%
(e) 3.16%
6) Which two global technology partners are mentioned as backing India’s chip ecosystem efforts?
(a) NVIDIA and IBM
(b) Microsoft and Intel
(c) Applied Materials and Lam Research
(d) ARM and MediaTek
(e) Cisco and AMD
7) What is the new official date designated by the Indian government for celebrating Ayurveda Day?
(a) 2nd October
(b) 23rd September
(c) 14th November
(d) 5th June
(e) 15th August
8) At which international event was India recognized as a “Country Champion” for digital land governance in 2025?
(a) G20 Summit
(b) UN Sustainable Development Forum
(c) World Bank Land Conference
(d) BRICS Summit
(e) ASEAN-India Summit
9) What is the total investment approved by the Union Cabinet for the semiconductor assembly and packaging plant in Jewar?
(a) ₹3,706 crore
(b) ₹2,000 crore
(c) ₹3,000crore
(d) ₹5,000 crore
(e) ₹4,200 crore
10) What is the ethanol blending target India aims to achieve by 2025–26 under the EBP programme?
(a) 10%
(b) 15%
(c) 25%
(d) 20%
(e) 30%
11) Where is the world's first commercial-scale e-methanol plant located?
(a) Oslo, Norway
(b) Kasso, Denmark
(c) Tokyo, Japan
(d) Hamburg, Germany
(e) Rotterdam, Netherlands
12) How many crusher machines has the Maharashtra government allowed per district for m-sand production?
(a) 10
(b) 25
(c) 50
(d) 100
(e) 150
13) Which authority has opened a new regional office in Srinagar, Jammu & Kashmir?
(a) National Highways Authority of India (NHAI)
(b) Inland Waterways Authority of India (IWAI)
(c) Indian Railways
(d) Ministry of Shipping
(e) Water Resources Ministry
14) When did Dr. Manoj Kumar Jhawar officially become the Chairman and Managing Director (CMD) of PTC India Limited?
(a) April 26, 2025
(b) May 13, 2025
(c) June 13, 2024
(d) January 1, 2025
(e) March 31, 2025
15) Who has been sworn in as Canada’s new Foreign Minister?
(a) Maninder Sidhu
(b) Justin Trudeau
(c) Anita Anand
(d) Mark Carney
(e) Jagmeet Singh
16) Who has been appointed as the acting CEO of ONDC?
(a) Ritesh Agarwal
(b) Vibhor Jain
(c) Kiran Mazumdar-Shaw
(d) Nandan Nilekani
(e) Rajeev Suri
17) Who has been appointed as the new chairperson of the Internet and Mobile Association of India (IAMAI)?
(a) M N Srinivasu
(b) Harsh Jain
(c) Harshil Mathur
(d) Sameer Nigam
(e) Rajesh Magow
18) What is the current stake of Life Insurance Corporation (LIC) in Bank of India as of May 9, 2025?
(a) 5.32%
(b) 7.15%
(c) 8.38%
(d) 10.5%
(e) 12.75%
19) Recently, the Google Unveils Redesigned ‘G’ Logo in Classic Colors. What font does Google’s logo continue to use since 2015?
(a) Product Sans
(b) Roboto
(c) Arial
(d) Times New Roman
(e) Verdana
20) How much is the arms package worth that the United States agreed to sell Saudi Arabia on May 13, 2025?
(a) $100 billion
(b) $120 billion
(c) $142 billion
(d) $160 billion
(e) $180 billion
21) The Competition Commission of India (CCI) has approved the acquisition by Knowledge Realty Trust was entities belonging to which groups?
(a) Blackstone Group and Sattva Group
(b) Reliance Group and Adani Group
(c) Tata Group and Mahindra Group
(d) Infosys and Wipro
(e) Flipkart and Amazon
22) Which business was demerged by Thriveni Earthmovers Private Limited (TEMPL)?
(a) Mining Equipment Business
(b) MDO Business
(c) Renewable Energy Business
(d) Infrastructure Business
(e) Manufacturing Business
23) What percentage of limited partnership interests is AIPCF VIII A-TE Funding L.P. investing in Perseus Parent L.P.?
(a) 10%
(b) 30%
(c) 25%
(d) 13%
(e) 50%
24) What percentage of equity share capital of EPL Limited is Indorama Netherlands B.V. acquiring?
(a) 15%
(b) 20.5%
(c) 24.9%
(d) 30%
(e) 50%
25) Who is the Prime Minister of Denmark as of 2025?
(a) Lars Løkke Rasmussen
(b) Mette Frederiksen
(c) Helle Thorning-Schmidt
(d) Anders Fogh Rasmussen
(e) Poul Nyrup Rasmussen
Answers :
1) Answer: E
QNB (Qatar National Bank), the largest financial institution in the Middle East and Africa (MEA), has become the first bank from the region to open a branch in India’s GIFT City, Gujarat’s premier international financial hub and special economic zone.
The bank’s GIFT City branch plans to support Indian corporates seeking global banking partners to drive their expansion.
QNB's international network spans 28 markets across three continents.
2) Answer: D
Short Explanation:
PayU, backed by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator.
PayU had previously received an in-principle approval from the RBI in April 2024, enabling it to begin onboarding merchants onto its platform.
Detailed Explanation:
PayU, backed by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator.
PayU had previously received an in-principle approval from the RBI in April 2024, enabling it to begin onboarding merchants onto its platform.
The fintech firm joins a list of over 50 online payment aggregators, including Cashfree Payments, Razorpay, CCAvenue, and BillDesk.
The Payment and Settlement Systems Act, 2007 regulates this approval, allowing PayU to operate within India's payments ecosystem.
PayU's approval comes after it was asked by the RBI to reapply for a payment aggregator licence in January 2023 due to concerns over its corporate structure.
3) Answer: A
Short Explanation:
Fitch Ratings upgraded Shriram Finance Limited's (SFL) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) from 'BB' to 'BB+' with a stable outlook.
The ratings highlight SFL's steady performance since its merger with Shriram City Union Finance Ltd (SCUF) in 2022.
Detailed Explanation:
Fitch Ratings upgraded Shriram Finance Limited's (SFL) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) from 'BB' to 'BB+' with a stable outlook.
The upgrade reflects the sustained improvement in SFL's standalone profile, particularly in areas like funding diversity, risk management, portfolio quality, and profitability.
The ratings highlight SFL's steady performance since its merger with Shriram City Union Finance Ltd (SCUF) in 2022.
Established Franchise and Risk Controls: SFL has a time-tested and established franchise in used commercial-vehicle financing, supported by a seasoned management team and established risk controls.
India’s Growth Potential:India’s medium-term growth potential and large, diversified economy are expected to support non-bank financial institutions (NBFIs), enhancing business prospects and profitability.
4) Answer: B
Short Explanation:
Dvara Solutions has formed a strategic partnership with Kissandhan Agri Financial Services Private Limited (Kissandhan), an RBI-regulated Non-Banking Financial Company (NBFC) and a subsidiary of Sohan Lal Commodity Management Limited (SLCM).
The partnership aims to streamline Kissandhan’s loan lifecycle workflows, improve growth, operational efficiency, and customer experience, while ensuring adherence to regulatory norms.
Detailed Explanation:
Dvara Solutions has formed a strategic partnership with Kissandhan Agri Financial Services Private Limited (Kissandhan), an RBI-regulated Non-Banking Financial Company (NBFC) and a subsidiary of Sohan Lal Commodity Management Limited (SLCM).
The partnership aims to streamline Kissandhan’s loan lifecycle workflows, improve growth, operational efficiency, and customer experience, while ensuring adherence to regulatory norms.
Kissandhan will adopt Dvara Solutions' Perdix platform, which includes its loan origination system, loan management system, reports, platform services, and co-lending module.
Perdix is already in use by over 20 institutions, managing assets under management (AUM) of more than ₹15,000 crore.
5) Answer: E
Short Explanation:
India’s retail inflation dropped to 3.16% in April 2025, marking the lowest level since July 2019.
Detailed Explanation:
India’s retail inflation dropped to 3.16% in April 2025, marking the lowest level since July 2019.
The Consumer Price Index (CPI) for April 2025 registered at 3.16%, down from 3.34% in March 2025.
CPI-based inflation has stayed below the Reserve Bank of India’s (RBI) medium-term target of 4% for the third consecutive month.
Food Price Decline: The Consumer Food Price Index (CFPI) dropped to 1.78% in April, marking the lowest food inflation since October 2021.
Impact of Harvest: A robust harvest amid intense heatwaves led to a decrease in food prices, especially in categories like vegetables, pulses, fruits, meat, fish, and cereals.
6) Answer: C
Short Explanation:
Union Minister Ashwini Vaishnaw inaugurated India’s inaugural 3nm chip design centres, established by Renesas Electronics India, marking a pivotal advance in the country’s semiconductor journey.
Global Collaborations: Backed by industry partners like Applied Materials and Lam Research, and part of Indo-Japan cooperation on technology.
Detailed Explanation:
Union Minister Ashwini Vaishnaw inaugurated India’s inaugural 3nm chip design centres, established by Renesas Electronics India, marking a pivotal advance in the country’s semiconductor journey.
The facilities, located in Noida and Bengaluru, bolster India’s push for self-reliance and position it on the global stage for cutting-edge chip design under the Aatmanirbhar Bharat mission.
First 3nm Design Centres: Noida and Bengaluru hubs are the first in India to work at the 3nm process node, a leap from previous 5nm and 7nm capabilities.
Renesas Partnership: Rolled out by Renesas Electronics India, a global leader in embedded semiconductor solutions.
End-to-End Ecosystem: Complements India’s semiconductor strategy covering design, fabrication, Assembly-Testing-Marking-Packaging (ATMP), and supply chain development.
Academic & Skill Support: Over 270 institutions have access to EDA software, and a new semiconductor learning kit will train engineers in advanced chip design.
Global Collaborations: Backed by industry partners like Applied Materials and Lam Research, and part of Indo-Japan cooperation on technology.
7) Answer: B
Short Explanation:
The Indian government has officially designated 23rd September as Ayurveda Day, moving away from its previous celebration linked to Dhanteras.
Detailed Explanation:
The Indian government has officially designated 23rd September as Ayurveda Day, moving away from its previous celebration linked to Dhanteras.
This shift aims to provide a consistent date for global observances, enhancing the visibility and recognition of Ayurveda on the international stage.
New Fixed Date: The government’s decision, formalized by the Ministry of Ayush, establishes 23rd September as the annual Ayurveda Day, replacing the fluctuating Dhanteras date.
Symbolic Significance: The date coincides with the autumnal equinox, symbolizing balance in nature, which aligns with Ayurveda's core principles of holistic health and harmony between mind, body, and spirit.
8) Answer: C
Short Explanation:
India was recognized as a Country Champion at the 2025 World Bank Land Conference for its groundbreaking work in digital land governance.
Detailed Explanation:
India was recognized as a Country Champion at the 2025 World Bank Land Conference for its groundbreaking work in digital land governance.
Programs like SVAMITVA and Gram Manchitra have earned international praise for their effectiveness in improving land ownership clarity and empowering rural communities through innovative technology.
SVAMITVA (Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas):
Objective: Establish clear ownership of residential property in rural areas.
Method: Drone-based land parcel mapping.
Achievements:
68,000 sq. km surveyed.
₹1.16 trillion worth of land monetized.
9) Answer: A
Short Explanation:
The Union Cabinet has approved a ₹3,706 crore joint venture between HCL and Foxconn to establish a semiconductor assembly and packaging plant in Jewar, Uttar Pradesh.
Detailed Explanation:
The Union Cabinet has approved a ₹3,706 crore joint venture between HCL and Foxconn to establish a semiconductor assembly and packaging plant in Jewar, Uttar Pradesh.
This initiative is part of India’s Semiconductor Mission and will play a crucial role in advancing India’s self-reliance in chip manufacturing.
The plant is set to begin operations in 2027 and aims to meet a significant portion of India’s local semiconductor demand.
Investment: ₹3,706 crore (₹1,500 crore from government incentives).
Plant Type: Focused on the assembly and packaging of display driver chips, used in phones, laptops, cars, and PCs.
10) Answer: D
Short Explanation:
To strengthen its clean energy agenda, the Indian government has approved an additional allocation of 2.8 million tonnes of Food Corporation of India (FCI) rice for ethanol production during the 2024–25 ethanol supply year.
This move supports India’s strategy to boost ethanol output under the EBP programme and achieve its target of 20% ethanol blending by 2025–26.
Detailed Explanation:
To strengthen its clean energy agenda, the Indian government has approved an additional allocation of 2.8 million tonnes of Food Corporation of India (FCI) rice for ethanol production during the 2024–25 ethanol supply year.
This brings the total rice allocation under the Ethanol Blended Petrol (EBP) scheme to 5.2 million tonnes.
Union Ministry of Consumer Affairs, Food and Public Distribution approved the allocation of 2.8 million tonnes of FCI rice for ethanol production.
This move supports India’s strategy to boost ethanol output under the EBP programme and achieve its target of 20% ethanol blending by 2025–26.
Total Rice Allocation for ESY 2024–25: 5.2 million tonnes
Additional Allocation Approved: 2.8 million tonnes
Previously Approved Allocation: 2.4 million tonnes
Issue Price of FCI Rice for Distilleries: ₹22.50 per kg
Ethanol Conversion Rate from Rice: 470 litres/tonne
11) Answer: B
Short Explanation:
The World's first commercial-scale e-methanol plant has begun operations in Denmark.
The plant is located in Kasso, southern Denmark, with an estimated investment of €150 million (approximately $167 million).
The plant will produce 42,000 metric tons (53 million liters) of e-methanol per year.
Detailed Explanation:
The World's first commercial-scale e-methanol plant has begun operations in Denmark.
The plant is located in Kasso, southern Denmark, with an estimated investment of €150 million (approximately $167 million).
The plant will produce 42,000 metric tons (53 million liters) of e-methanol per year.
Partnership and Ownership: The plant is jointly owned by European Energy (Denmark) and Mitsui (Japan).
Zero-Emission Shipping Fuels: The shipping industry is seeking zero-emission fuels like e-methanol and green ammonia to meet International Maritime Organization's (IMO) targets for eliminating carbon emissions by 2050.
Fuel Price Parity: The plant expects price parity with fossil methanol around 2035, as production scales up.
12) Answer: C
Short Explanation:
The Maharashtra government has introduced a new policy mandating the use of manufactured sand (m-sand) in all government and semi-government construction projects.
Crusher Setup Expansion: Permission granted to install 50 crusher machines in each district, totaling 1,500 across the state.
Detailed Explanation:
The Maharashtra government has introduced a new policy mandating the use of manufactured sand (m-sand) in all government and semi-government construction projects.
Approved by the state cabinet, this move is aimed at curbing illegal river sand mining and promoting sustainable construction practices.
Mandatory Adoption: Use of m-sand is compulsory in all construction projects backed by government and semi-government agencies.
Crusher Setup Expansion: Permission granted to install 50 crusher machines in each district, totaling 1,500 across the state.
Land Leasing: State land will be leased on a first-come, first-served basis to set up m-sand production units.
13) Answer: B
Short Explanation:
In a significant development aimed at enhancing water-based transportation, the Inland Waterways Authority of India (IWAI) has opened a regional office in Srinagar, Jammu & Kashmir.
This move is part of a strategic initiative to promote sustainable development through inland waterways in the Union Territory, fostering economic activity and eco-tourism.
Detailed Explanation:
In a significant development aimed at enhancing water-based transportation, the Inland Waterways Authority of India (IWAI) has opened a regional office in Srinagar, Jammu & Kashmir.
This move is part of a strategic initiative to promote sustainable development through inland waterways in the Union Territory, fostering economic activity and eco-tourism.
IWAI, in collaboration with the Government of Jammu and Kashmir, has taken steps to develop inland navigation infrastructure along three National Waterways—Chenab, Jhelum, and Ravi.
The new regional office in Srinagar will serve as a hub for coordinating these efforts, aiming to boost river transport and tourism in the region.
Develop navigation infrastructure along Jammu & Kashmir’s river systems.
Promote eco-tourism and increase local employment opportunities.
Improve intra-state and regional water transport connectivity.
MoU Signed: An agreement between IWAI and the J&K government to jointly develop river navigation infrastructure.
14) Answer: B
Short Explanation:
Dr Manoj Kumar Jhawar has officially taken over as the Chairman and Managing Director (CMD) of PTC India Limited, effective May 13.
His appointment was approved by the company’s Board on April 26.
Detailed Explanation:
Dr Manoj Kumar Jhawar has officially taken over as the Chairman and Managing Director (CMD) of PTC India Limited, effective May 13.
His appointment was approved by the company’s Board on April 26.
Dr Jhawar had been holding the additional charge of CMD since June 13, 2024, and will continue until his superannuation at the age of 60.
Jhawar has over three decades of experience in the power sector and is a PhD in Management Sciences from Devi Ahilya University, Indore.
He began his career in 1989 with the Madhya Pradesh State Electricity Board and has held senior leadership roles in Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Ltd.
15) Answer: C
Short Explanation:
Anita Anand, 58, has been sworn in as Canada’s new Foreign Minister in a Cabinet reshuffle by Prime Minister Mark Carney.
Anand took the oath of office with her hand on the Bhagavad Gita, a tradition she follows for cabinet appointments.
Detailed Explanation:
Anita Anand, 58, has been sworn in as Canada’s new Foreign Minister in a Cabinet reshuffle by Prime Minister Mark Carney.
Anand took the oath of office with her hand on the Bhagavad Gita, a tradition she follows for cabinet appointments.
She previously served as Defence Minister from 2021 to 2023.
Maninder Sidhu, 41, has been appointed as Minister of International Trade.
Anand’s appointment is significant amid strained Canada-India relations following the 2023 assassination of pro-Khalistani terrorist Hardeep Singh Nijjar.
Hindu groups in Canada, including Vishwa Hindu Parishad (VHP) Canada and Canada Hindu Advocacy Coalition, are celebrating her appointment, seeing her as an inspiration for the Canadian Hindu community.
16) Answer: B
ONDC (Open Network for Digital Commerce) has appointed Vibhor Jain as the acting Chief Executive Officer (CEO) with immediate effect.
Prior to this, Vibhor Jain served as the Chief Operating Officer (COO) and was part of the 8-member executive committee.
All executive powers will now transition to the acting CEO, marking the end of the committee's interim role.
ONDC is in the process of identifying a new Managing Director and CEO.
17) Answer: A
Short Explanation:
M N Srinivasu, co-founder of BillDesk, was appointed as the chairperson of the Internet and Mobile Association of India (IAMAI) following the governing council elections.
Srinivasu succeedsHarsh Jain, co-founder and CEO of Dream Sports.
Harshil Mathur, co-founder and CEO of Razorpay, was elected vice-chairperson.
Detailed Explanation:
M N Srinivasu, co-founder of BillDesk, was appointed as the chairperson of the Internet and Mobile Association of India (IAMAI) following the governing council elections.
Srinivasu succeedsHarsh Jain, co-founder and CEO of Dream Sports.
Harshil Mathur, co-founder and CEO of Razorpay, was elected vice-chairperson.
Sameer Nigam, founder and CEO of PhonePe, has taken over as the treasurer of IAMAI.
Previously, Rajesh Magow, co-founder of MakeMyTrip, served as vice-chairperson, and Satyan Gajwani, vice-chairperson of Times Internet, was the treasurer.
The appointment of the new leadership reflects the growing influence of the emerging fintech sector in India.
The new 24-member governing council and executive council of IAMAI will serve for the next two years until 2027.
18) Answer: C
Life Insurance Corporation (LIC) has increased its stake in Bank of India (BoI) to 8.38% as of May 9, 2025.
LIC acquired an additional 2.026% stake in BoI between September 2, 2021, and May 9, 2025.
LIC's total stake rose from 6.35% to 8.38% over the four-year period.
The information was disclosed by BoI in a stock exchange filing on May 13, 2025.
Shares of Bank of India closed at ₹112.55, registering a 2.27% increase over the previous close on the BSE (Bombay Stock Exchange).
19) Answer: A
Short Explanation:
Google’s new ‘G’ logo appears nearly identical to its previous version, but with a subtle change: the four primary colors — red, yellow, green, and blue — now blend into each other in a soft gradient.
The Product Sans font remains unchanged since 2015.
Detailed Explanation:
Google’s new ‘G’ logo appears nearly identical to its previous version, but with a subtle change: the four primary colors — red, yellow, green, and blue — now blend into each other in a soft gradient.
The redesign was first spotted on the iOS app and later in the 16.8 beta release on Android.
While not fully rolled out, the new logo has started appearing on Pixel devices and is expected to spread across the broader Google ecosystem in the coming weeks.
This is not a radical rebrand.
The Product Sans font remains unchanged since 2015.
The redesign is focused on nuance and harmony, signaling evolution rather than a complete reinvention.
The change reflects the maturing of Google’s ecosystem, integrating AI more deeply, especially with Gemini, Google’s generative AI assistant, at the center of the brand's future.
20) Answer: C
Short Explanation:
The United States agreed on May 13, 2025, to sell Saudi Arabia an arms package worth nearly $142 billion.
Detailed Explanation:
The United States agreed on May 13, 2025, to sell Saudi Arabia an arms package worth nearly $142 billion.
According to a White House fact sheet, it is the largest defense cooperation agreement in U.S. history.
The agreement was signed during U.S. President Donald Trump’s visit to Riyadh, the capital of Saudi Arabia.
The package involves deals with over a dozen U.S. defense companies in areas including:
Air and missile defense
Air force and space advancement
Maritime security
Communications
21) Answer: A
Short Explanation:
The Competition Commission of India (CCI) has approved the acquisition by Knowledge Realty Trust (Acquirer REIT) of certain entities belonging to the Blackstone Group and/or Sattva Group.
Detailed Explanation:
The Competition Commission of India (CCI) has approved the acquisition by Knowledge Realty Trust (Acquirer REIT) of certain entities belonging to the Blackstone Group and/or Sattva Group.
The Proposed Combination involves direct and indirect acquisition of entities that are:
solely owned by Blackstone Group,
solely owned by Sattva Group, or
jointly controlled by both (Target Entities).
In exchange for the acquisition, units of the Acquirer REIT will be issued to the existing shareholders of the Target Entities.
22) Answer: B
Short Explanation:
The Competition Commission of India (CCI) has approved a combination involving the demerger of the MDO Business of Thriveni Earthmovers Private Limited (TEMPL) into Thriveni Earthmovers and Infra Private Limited (TEIPL).
Detailed Explanation:
The Competition Commission of India (CCI) has approved a combination involving the demerger of the MDO Business of Thriveni Earthmovers Private Limited (TEMPL) into Thriveni Earthmovers and Infra Private Limited (TEIPL).
The combination also includes the acquisition of 79.82% shareholding in TEIPL by Lloyds Metals and Energy Limited (LMEL).
Additionally, TEIPL will acquire majority shareholding in Lloyds Surya Private Limited, a wholly owned subsidiary of LMEL.
TEMPL, through its Mining Development and Operations (MDO) Business, is involved in mine development and operations for iron ore, coal, baryte, and manganese, offering services like exploration, mine development, processing, transportation, and logistics.
23) Answer: D
Short Explanation:
The Competition Commission of India (CCI) has approved the proposed combination involving an investment of approximately 13% limited partnership interests by AIPCF VIII A-TE Funding L.P. in Perseus Parent L.P.
Detailed Explanation:
The Competition Commission of India (CCI) has approved the proposed combination involving an investment of approximately 13% limited partnership interests by AIPCF VIII A-TE Funding L.P. in Perseus Parent L.P.
AIPCF VIII A-TE Funding L.P. (the Acquirer) is a newly incorporated special purpose vehicle (SPV) and currently has no investments or business activities of its own.
The Acquirer is part of the American Industrial Partners (AIP) Group, a private equity group focused on industrial businesses such as transportation and logistics, metals and mining, and aerospace and defence.
24) Answer: C
The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in EPL Limited by Indorama Netherlands B.V.
The proposed combination involves the purchase of 24.9% equity share capital of EPL Limited by Indorama Netherlands B.V.
Indorama Netherlands B.V. is a limited liability company based in the Netherlands and is an indirect subsidiary of Indorama Ventures Public Company Limited.
EPL Limited is engaged in the manufacturing and sale of packaging products, including laminated and extruded plastic tubes.
25) Answer: B
About Denmark :
Prime Minister : Mette Frederiksen
Capital : Copenhagen
Currency : Danish krone
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