Provide correct answers to the following questions with additional explanation.

1.The Competition Commission of India has approved the proposed combination which involves Eros International Plc, STX Filmworks Inc and Marco Alliance Limited. Competition Commission of India was formed in which year?

A.2003

B.2009

C.2006

D.2014

2.

Which Indian company is set to acquire Mumbai based private sector general insurer Raheja QBE General Insurance Company Limited in a deal worth around $76 million?

A.Myntra

B.Paytm

C.Flipkart

D.Phonepe

3.

According to the COVID-19 and Tourism: Assessing the Economic Consequences published by UNCTAD the World Tourism sector could lose how much money?

A.1.2 trillion USD

B.2.2 trillion USD

C.3.2 trillion USD

D.4.2 trillion USD

4.

Which US private equity giant has agreed to acquire a 54% stake in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore?

A.The Blackstone Group

B.Kohlberg Kravis Roberts & Co.

C.The Carlyle Group

D.KKR Group

5.

Edelweiss Asset Management Company, a subsidiary of Edelweiss Capital Limited has decided to bring the second installment of the Bharat Bond ETF with two new series to raise how much fund in July 2020?

A.Rs 14,000 crore

B.Rs 24,000 crore

C.Rs 4,000 crore

D.Rs 16,000 crore

6.

US based Electronic chip maker Intel's investment arm, Intel Capital will buy 0.39% stake in which indian platform for Rs 1,894.50 crore?

A.Tata Sky

B.Reliance Industries Limited

C.Vodafone Idea

D.Bharti Airtel Limited

7.

Which company has decided to acquire about 25% stake in India's second largest telecom company Bharti Airtel's data centre business -Nxtra Data Ltd- for $235 million?

A.General Electric

B.Wal-Mart

C.Carlyle Group

D.General Motors

8.

Which company will acquire Zoox, a self-driving startup founded in 2014?

A.Google

B.Uber

C.Flipkart

D.Amazon

9.

Which company will close its physical store locations permanently?

A.IBM

B.Microsoft

C.Apple

D.Google

10.

The CCEA has approved additional investment of how much by ONGC Videsh Ltd towards further development of blocks A-1 and A-3 Blocks of Shwe oil & gas project in Myanmar?

A.US$ 100.27 million

B.US$ 156.27 million

C.US$ 121.27 million

D.US$ 234.27 million