Stay updated with the latest happenings in the financial world with these 50 multiple-choice questions. Based on significant events and updates reported on May 19, 2024, this comprehensive quiz is perfect for those preparing for competitive exams or anyone keen on current affairs.
Current Affairs Questions and Answers for Business category
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Q1: Which company announced a ₹7.30 final dividend per share for the fiscal year ending March 31, 2024?
- a) JSW Steel
- b) Godrej Industries
- c) NHPC
- d) Zydus Lifesciences
Q2: What was JSW Steel’s net profit for the fourth quarter ending March 31, 2024?
- a) ₹1,322 crore
- b) ₹2,000 crore
- c) ₹3,500 crore
- d) ₹5,000 crore
Q3: Which company has already released their earnings for the quarter ended March 31, 2024?
- a) Bajaj Finserv
- b) Phoenix Mills
- c) Bandhan Bank
- d) HUL
Q4: Which companies’ performance were market participants keen on for Q4 2024?
- a) NHPC
- b) Amber Enterprises India
- c) Tech Mahindra
- d) HCL Technologies
Q5: What was JSW Steel’s EBITDA margin for Q4 2024?
- a) 13.2%
- b) 10%
- c) 16.91%
- d) 22.9%
Q6: What did the Division Bench of the Delhi High Court decide in the SpiceJet vs. Kalanithi Maran case?
- a) Set aside the refund order
- b) Upheld the refund order
- c) Directed additional compensation
- d) Ordered a retrial
Q7: Who were the Justices on the Division Bench in the SpiceJet case?
- a) Yashwant Varma and Ravinder Dudeja
- b) Deepak Gupta and Anil Kumar
- c) Sanjay Kishan Kaul and R. Banumathi
- d) Rohinton Nariman and D.Y. Chandrachud
Q8: What was Elon Musk’s rebranding change for Twitter posts?
- a) Tweets to reposts
- b) Retweets to posts
- c) Posts to tweets
- d) Rebrands to hashtags
Q9: Which letter has Elon Musk incorporated into the branding of his companies since 1999?
- a) X
- b) Y
- c) Z
- d) W
Q10: What companies are set to announce their Q4 results this week?
- a) Jyoti CNC Automation, Trident, Data Patterns, Ujjivan Small Finance Bank
- b) Infosys, TCS, HDFC Bank, Maruti Suzuki
- c) Reliance, Wipro, Cipla, Lupin
- d) Tata Motors, ICICI Bank, SBI, Bajaj Auto
Q11: What is JSW Steel’s revenue from operations in Q4 2024?
- a) ₹46,269 crore
- b) ₹30,000 crore
- c) ₹40,000 crore
- d) ₹50,000 crore
Q12: Which company’s Q4 results included an increase in revenue and net profit?
- a) Zydus Lifesciences
- b) NHPC
- c) Godrej Industries
- d) ZEE
Q13: What financial insight was provided by Anand Rathi on NCL Industries?
- a) Impact of cement prices and demand
- b) Decline in market share
- c) Merger with another company
- d) Launch of a new product line
Q14: What did Prabhudas Lilladher recommend for GSK Pharma post Q4 results?
- a) Buy rating
- b) Sell rating
- c) Hold rating
- d) Underperform rating
Q15: What term did Elon Musk change “retweets” to on X (formerly Twitter)?
- a) Reposts
- b) Redos
- c) Retweets
- d) Reposts
Q16: What logo replaced Twitter’s blue bird after rebranding?
- a) White X on a black background
- b) Red T on a white background
- c) Blue X on a white background
- d) Green bird on a blue background
Q17: What was the percentage decline in JSW Steel’s net profit year-on-year for Q4 2024?
- a) 64.66%
- b) 50%
- c) 60%
- d) 70%
Q18: Which company’s net profit did not meet market expectations for Q4 2024?
- a) Godrej Industries
- b) Infosys
- c) TCS
- d) HCL Technologies
Q19: What major transition did Elon Musk announce for Twitter?
- a) Complete domain transition to x.com
- b) Merger with another social media platform
- c) Introduction of a new subscription model
- d) Acquisition of a media company
Q20: Which company experienced a significant decrease in EBITDA in Q4 2024?
- a) JSW Steel
- b) Godrej Industries
- c) NHPC
- d) Zydus Lifesciences
Q21: What type of debentures did JSW Steel announce they will be issuing?
- a) Non-Convertible Debentures (NCDs)
- b) Convertible debentures
- c) Zero-coupon debentures
- d) Callable debentures
Q22: What was the revenue of Maruti Suzuki for the fourth quarter?
- a) ₹50,000 crore
- b) ₹30,000 crore
- c) ₹40,000 crore
- d) ₹60,000 crore
Q23: Which sector did Anand Rathi provide insights on regarding price impacts?
- a) Cement
- b) Technology
- c) Pharmaceuticals
- d) Automobiles
Q24: Which company’s financial performance led Prabhudas Lilladher to recommend a buy rating?
- a) GSK Pharma
- b) Infosys
- c) NHPC
- d) JSW Steel
Q25: What was the primary dispute in the SpiceJet vs. Kalanithi Maran case?
- a) Non-receipt of redeemable warrants and preference shares
- b) Pilot strikes
- c) Aircraft leasing issues
- d) Breach of contract for flight services
Q26: Which company declared a dividend in their Q4 results?
- a) Zydus Lifesciences
- b) NHPC
- c) Tech Mahindra
- d) Infosys
Q27: What was Zydus Lifesciences’ revenue for Q4 2024?
- a) ₹3,000 crore
- b) ₹1,500 crore
- c) ₹2,000 crore
- d) ₹2,500 crore
Q28: Which company’s Q4 results were impacted by cement prices and demand according to Anand Rathi?
- a) NCL Industries
- b) Ultratech Cement
- c) Ambuja Cement
- d) ACC
Q29: Which sector did the Division Bench of the Delhi High Court rule on in the SpiceJet vs. Kalanithi Maran case?
- a) Aviation
- b) Telecommunications
- c) Real Estate
- d) Pharmaceuticals
Q30: What was the main reason for the legal dispute between SpiceJet and Kalanithi Maran?
- a) Non-receipt of redeemable warrants and preference shares
- b) Delayed payments for aircraft leases
- c) Mismanagement of airline operations
- d) Discrepancies in financial reporting
Q31: Which company’s financial performance was highlighted by Prabhudas Lilladher for growth potential post Q4 results?
- a) GSK Pharma
- b) JSW Steel
- c) Godrej Industries
- d) NHPC
Q32: Which company experienced a 64.66% decline in net profit year-on-year for Q4 2024?
- a) JSW Steel
- b) Godrej Industries
- c) NHPC
- d) Zydus Lifesciences
Q33: What key change did Elon Musk make to Twitter’s branding after rebranding it as X?
- a) Changed tweets to reposts
- b) Introduced a subscription model
- c) Merged with another social media platform
- d) Added a new video feature
Q34: Which company’s shares closed higher on the BSE after announcing Q4 results?
- a) JSW Steel
- b) Infosys
- c) HCL Technologies
- d) Godrej Industries
Q35: What is the target price set by Prabhudas Lilladher for GSK Pharma post Q4 results?
- a) ₹1,500
- b) ₹1,000
- c) ₹1,200
- d) ₹2,000
Q36: What was the reason behind the legal battle between Kalanithi Maran and SpiceJet?
- a) Non-receipt of redeemable warrants and preference shares
- b) Employee disputes
- c) Pilot strikes
- d) Aircraft leasing issues
Q37: What action did the Delhi High Court take in the SpiceJet vs. Kalanithi Maran case?
- a) Set aside the refund order
- b) Ordered additional compensation
- c) Upheld the refund order
- d) Dismissed the case
Q38: Which company’s Q4 results were primarily affected by changes in cement prices and demand?
- a) NCL Industries
- b) Ultratech Cement
- c) Ambuja Cement
- d) ACC
Q39: What is the percentage decline in JSW Steel’s net profit year-on-year for Q4 2024?
- a) 64.66%
- b) 50%
- c) 60%
- d) 70%
Q40: What is the primary focus of Anand Rathi’s financial insights on NCL Industries?
- a) Impact of cement prices and demand
- b) Expansion into new markets
- c) Acquisition of a competitor
- d) Introduction of new products
Q41: Which company had a notable increase in revenue and net profit in Q4 2024?
- a) Zydus Lifesciences
- b) NHPC
- c) Godrej Industries
- d) HUL
Q42: Which company declared a final dividend of ₹7.30 per share for the fiscal year ending March 31, 2024?
- a) JSW Steel
- b) Godrej Industries
- c) NHPC
- d) Zydus Lifesciences
Q43: What was the primary issue in the legal dispute between SpiceJet and Kalanithi Maran?
- a) Non-receipt of redeemable warrants and preference shares
- b) Employee disputes
- c) Delayed payments for aircraft leases
- d) Mismanagement of airline operations
Q44: What logo did Elon Musk introduce for X (formerly Twitter)?
- a) White X on a black background
- b) Red T on a white background
- c) Blue X on a white background
- d) Green bird on a blue background
Q45: Which companies’ Q4 results are being keenly watched by market participants?
- a) NHPC, Amber Enterprises India, Tech Mahindra, HCL Technologies
- b) Bajaj Finserv, Phoenix Mills, Bandhan Bank, HUL
- c) Reliance, Wipro, Cipla, Lupin
- d) Tata Motors, ICICI Bank, SBI, Bajaj Auto
Q46: What did Prabhudas Lilladher recommend for GSK Pharma post Q4 results?
- a) Buy rating
- b) Sell rating
- c) Hold rating
- d) Underperform rating
Q47: What significant change did Elon Musk make to Twitter’s branding?
- a) Changed tweets to reposts
- b) Introduced a subscription model
- c) Merged with another social media platform
- d) Added a new video feature
Q48: Which company’s net profit did not meet market expectations for Q4 2024?
- a) Godrej Industries
- b) Infosys
- c) TCS
- d) HCL Technologies
Q49: What was JSW Steel’s EBITDA margin for Q4 2024?
- a) 13.2%
- b) 10%
- c) 16.91%
- d) 22.9%
Q50: What was the revenue of Zydus Lifesciences for Q4 2024?
- a) ₹3,000 crore
- b) ₹1,500 crore
- c) ₹2,000 crore
- d) ₹2,500 crore
Keeping abreast of current affairs is crucial, especially for those involved in financial sectors or preparing for competitive exams. These 50 questions provide a comprehensive overview of significant financial events and updates as of May 19, 2024. Whether for exam preparation or personal knowledge enhancement, these questions ensure you stay informed about the latest happenings in the financial world.