Call Support +91-85588-96644

Exam Categories

International Tests

View More

Defence & Para Military

Assessment-I

View More

Assessment-II

View More

Placement & IT Sector

Assessment-III

View More

Aptitude/GK/Vocational Skill Tests

View More
TCYonline

Login

Sign Up

Please enter a Username or Email ID
Please enter a password
Keep me logged in
Forgot Password?
Please enter your name
Please enter your mobile number
You can't leave Captcha Code empty
By submitting this form, you agree to the Terms & Privacy Policy.
Already Registered? Login Here
OR

Sign Up via Facebook

Sign Up via Google

Sign Up via Twitter

Download Software
Tests given

Download TCY App

App Image
Subscribe to Unlock Test Prep Material close
Choose Exam Category

Unlock All Services And Enjoy The Premium Benefits

1 Month Plan

US$ 10

Subscribe Now

Valid For 1 Month

2 Month Plan

US$ 13

Subscribe Now

Valid For 2 Months

3 Month Plan

US$ 15

Subscribe Now

Valid For 3 Months

4 Month Plan

US$ 17

Subscribe Now

Valid For 4 Months

5 Month Plan

US$ 19

Subscribe Now

Valid For 5 Months

6 Month Plan

US$ 20

Subscribe Now

Valid For 6 Months

7 Month Plan

US$ 21

Subscribe Now

Valid For 7 Months

8 Month Plan

US$ 22

Subscribe Now

Valid For 8 Months

9 Month Plan

US$ 23

Subscribe Now

Valid For 9 Months

10 Month Plan

US$ 24

Subscribe Now

Valid For 10 Months

11 Month Plan

US$ 25

Subscribe Now

Valid For 11 Months

12 Month Plan

US$ 26

Subscribe Now

Valid For 12 Months

  • Payment made in INR entitles you to use Test in INDIA only
  • Each test can be attempted only once
 
loading

General Awareness

googleplus facebook

BUSINESS AND ECONOMY - May 2018

May 2018

Oct 25, 2021

RBI Proposes Stricter Capital Norms for Exim Bank, NABARD, NHB and SIDBI

  • The Reserve Bank of India has proposed minimum 11.5% capital for the four all India financial institutions (AIFI) in line with Basel III framework to raise their resilience in periods of stress.
  • The stricter capital norms would be applicable to Exim Bank, National Bank for Agriculture & Rural Development, National Housing Bank and Small Industries Development Bank of India from the next fiscal.
  • As per RBI, these institutions should have minimum total capital at 9% from April 1 2022 along with minimum capital buffer at 2.5%. Minimum common equity tier 1 (CET1) capital would be 5.5% while minimum tier 1 capital requirement proposed at 7%.

Ramnath Krishnan is MD and Group CEO of ICRA

  • The board of ICRA appointed Ramnath Krishnan as the company's Managing Director and Group Chief Executive Officer.
  • Krishnan was earlier President – Ratings and Chief Rating Officer at ICRA. He joined the credit rating agency in 2020.
  • Krishnan succeeded N. Sivaraman, who stepped down from the position of MD & CEO for personal reasons.

Bharti AXA Sign Bancassurance Partnership with Utkarsh Small Finance Bank

  • Bharti AXA Life Insurance Company Limited (Bharti AXA Life) entered into a bancassurance partnership with Utkarsh Small Finance Bank to ensure distribution of life insurance products through the bank's network across India. This partnership will enable the Bharti AXA life to reach Tier II and Tier III markets with insurance solutions and increase the reach of insurance in India.
  • Under this partnership, the Bharti AXA Life's insurance comprehensive suite of life insurance plans including the protection, health, savings and investment plans will be made available for the customers of the bank across 202 districts of 19 states and 2 Union territories.

AU Small Finance Bank Launches Sound Box for Payment Alerts

  • With an aim to enhance its reach in digital payments, leading small finance bank -- AU Small Finance Bank (AU SFB) – launched a QR Code Sound Box.
  • The Jaipur-headquartered SFB said that the QR Sound Box will help small merchants to run their operations smoothly without the hassle of reading SMS every time when a customer makes a payment. So far the bank has deployed over two lakh QR Codes.
  • The QR Code Sound Box is a small and portable speaker which comes with a dedicated SIM slot for data connectivity which gives voice notification. The new sound box is available in five languages including Hindi, English, Punjabi, Gujarati and Marathi.

TVS Motor Company, Bahwan International Group Join Hands for Iraq Market

  • Leading two- and three-wheeler maker TVS Motor Company has roped in a distribution partner to strengthen its presence in Iraq. The company signed a tri-party deal with Bahwan International Group in Muscat, Oman.
  • The agreement was signed by Sheikh Ahmed Bahwan, Chairman Bahwan International Group, and Sudarshan Venu, Joint Managing Director – TVS Motor Company.
  • As per the deal, ARATA International FZC, registered in the UAE and a subsidiary of Bahwan International Group (Big), Oman, will be the new distributor for TVS Motor in Iraq.
  • ARATA International FZC, a part of the Bahwan International Group LLC (BIG), comes with rich experience, deep understanding and vast industry knowledge. Iraq is an important market for us, and ARATA International FZC's extensive distribution network, along with our shared ethos and values, makes them the ideal strategic partner.

Ramnath Krishnan is MD and Group CEO of ICRA

  • The board of ICRA appointed Ramnath Krishnan as the company's Managing Director and Group Chief Executive Officer.
  • Krishnan was earlier President – Ratings and Chief Rating Officer at ICRA. He joined the credit rating agency in 2020.
  • Krishnan succeeded N. Sivaraman, who stepped down from the position of MD & CEO for personal reasons.
  • In his new role, he will drive ICRA's business strategy and augment its organisational capabilities among others.

IBDF Re-elects K. Madhavan as President

  • K. Madhavan, Country Manager & President - The Walt Disney Company India and Star India, was re-elected as president of the Indian Broadcasting and Digital Foundation (IBDF).
  • This is the second consecutive term for Madhavan.

AU Small Finance Bank Launches Sound Box for Payment Alerts

  •  With an aim to enhance its reach in digital payments, leading small finance bank -- AU Small Finance Bank (AU SFB) – launched a QR Code Sound Box.
  • The Jaipur-headquartered SFB said that the QR Sound Box will help small merchants to run their operations smoothly without the hassle of reading SMS every time when a customer makes a payment. So far the bank has deployed over two lakh QR Codes.
  • The QR Code Sound Box is a small and portable speaker which comes with a dedicated SIM slot for data connectivity which gives voice notification. The new sound box is available in five languages including Hindi, English, Punjabi, Gujarati and Marathi.

Oct 24, 2021

Adani Green Energy Subsidiary Bags 450 MW Wind Energy Project

  • Adani Green Energy subsidiary Adani Renewable Energy Holding Fifteen has received a letter of award (LOA) for setting up a 450 MW wind energy project.
  • Adani Renewable Energy Holding Fifteen Limited, a wholly-owned subsidiary of Adani Green Energy Limited had participated in a tender issued by Solar Energy Corporate of India Limited (SECI) for setting up 1,200 MW ISTS-connected Wind Power Project (Tranche-XI) and has received the Letter of Award (LOA) to set-up 450 MW wind power project under this tender.
  • The fixed tariff for this project capacity is Rs 2.70/ kWh for 25 years.
  • With this, AGEL now has a total renewable energy project portfolio of 20,284 MWac capacity, out of which 5,410 MWac projects are operational, 5,724 MWac projects are under construction, and 9,150 MWac projects are near construction.

HDFC Bank, USAID, Others Launch $100-mn Covid-19 Credit Facility for MSMEs

  • HDFC Bank in partnership with Mastercard, US International Development Finance Corporation (USIDFC) and US Agency for International Development (USAID) launched a USD-100 million credit facility to promote and encourage small businesses in India to digitise while also helping them, particularly women-owned ones, to recover from the pandemic.
  • The credit facility will extend working capital loans to small businesses that need financing to support their digitisation and recovery from the effects of the pandemic. The facility will be available only to new credit customers with a goal of at least 50 per cent of them being woman entrepreneurs.

Oct 23, 2021

LG Tops Online Searches for ACs in 2021, HP Leads Laptop Space

  • About 35 per cent of internet users looking for a laptop, searched for a piece by a specific brand, instead of putting in a generic query. And within this space, HP topped the charts, being the most searched brand in both Mumbai and Delhi, and with the highest number of searches at an all-India level. The second spot went to Lenovo in the two major metros, and to Dell at the pan-India level.
  • Along with this, AMD Ryzen processors are becoming more common in searches, and small-screen laptops, particularly 13-inch models, are becoming more popular in metro cities, while the overall Indian market still searches for the larger 14-inch-plus screen sizes.
  • As far as AC brands are concerned, LG grabbed pole position all across, while it was a tussle between Voltas and Daikin for second place.

Wipro Signs Multi-year Strategic IT, Digital Deal with National Grid

  • Wipro Limited inked a multi-year global IT and digital deal with UK-based electric and gas utility provider National Grid for expediting its digital innovation journey.
  • National Grid operates in the UK and the US.
  • Wipro by employing its Boundaryless Enterprise solutions will help in the continued digital transformation of National Grid. The Indian IT firm will also use the solutions to enable integration of the utility's managed services and consolidation of various data centers across the US and the UK to next generation hosting services.
  • According to Wipro, the sustainable data centers will allow for improved program governance apart from greater consolidation and the moving of all server and application functions from conventional data centers.
  • Wipro will also help National Grid with mainframe migration and managed services transition, which will include the eventual implementation of a hybrid cloud solution for the latter.

TVS Motor to Set up Separate Subsidiary for Electric Vehicles

  • In an effort to increase its presence in the electric mobility space, TVS Motor Company has decided to set up a new subsidiary for the electric vehicle segment.
  • The board has approved the incorporation of a wholly-owned subsidiary to undertake its electric mobility business. TVS is also planning to come up with an investment of around Rs. 1,000 crore in the EV space, said K N Radhakrishnan, Director and Chief Executive Officer, TVS Motor Company. At present, TVS has only one product in the category, iQube. TVS iQube, launched in January 2020, is currently available in 33 cities across the country.

Flipkart Launches Skill-building Academy for E-commerce Logistics Sector

  • E-commerce firm Flipkart is setting up a digital learning academy to up skill thousands of students every year. The Supply Chain Operations Academy (SCOA) is Flipkart's ambitious project and commitment to providing relevant industry training and knowledge to help create a pool of skilled supply chain operations talent in the country. This will further help bridge the skill gap and create employment opportunities in the expanding supply chain industry in the country.
  • The specialised and robust training program under SCOA has been designed and created by the Flipkart team to provide a holistic experience and training to candidates, which will involve 15 days of digital classroom training and 45 days of on-the-job apprenticeship at Flipkart supply chain facilities. The program has been designed to impart knowledge on various facets of the e-commerce supply chain, the roles within the supply chain, soft skills, safety and compliance know-how. It involves a 60-day skilling program that will empower the youth to build careers in various aspects of supply chain management and certify them to increase their employability.

Oct 22, 2021

IndiaFirst Life Introduces Endowment plan, 'Saral Bachat Bima'

  • IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), promoted by Bank of Baroda and Union Bank of India, introduced IndiaFirst Life Saral Bachat Bima Plan, a savings and protection cover for the entire family. This non-linked, non-participating, individual, limited premium policy provides a shorter pay commitment of five or seven years while keeping the entire family protected for 12-15 years.
  • IndiaFirst Life Saral Bachat Bima Plan is a competitively priced plan that helps in saving for your future financial needs. It secures your family's future in case of an unfortunate event. Furthermore, it offers yearly guaranteed additions, additional accidental death benefit in 1st year, funeral cover along with no medical tests, and quick processing all under one roof.

OnePlus Promotes Navnit Nakra as India CEO and Head of India Region

  • Smartphone maker OnePlus elevated Navnit Nakra as its India CEO and Head of OnePlus India region operations.
  • As part of this new senior leadership role, Nakra will spearhead the company's business operations and overall strategy for the India region.
  • Nakra, who was previously serving as the Vice President, Chief Strategy Officer and Head of Sales in India, joined the company in February last year.

Rajeev Mantri Named Chief Financial Officer of Citi India

  • Citi announced the appointment of Rajeev Mantri as chief financial officer, Citi India, and cluster finance head, South Asia.
  • He will report to Ashu Khullar, CEO, Citi India and Tim Monger, Asia Pacific CFO, Citi.
  • He takes on the role from Niraj Parekh, who will move to New York as the head of financial planning and analysis for the institutional clients group.

Oct 21, 2021

AMFI Appoints Balasubramanian as Chairman

  • A. Balasubramanian was appointed as the new Chairman of the Association of Mutual Funds in India (AMFI). He replaced Nilesh Shah, the Managing Director of Kotak Mutual Fund. Balasubramanian is Chief Executive Officer (CEO) of Aditya Birla Sun Life Asset Management. Meanwhile, Radhika Gupta, the MD and CEO of Edelweiss AMC, was appointed as vice-chair of AMFI.

RBI Penalises Paytm Payment Bank and Western Union Financial Services

  • The Reserve Bank of India (RBI) imposed a monetary penalty of Rs. 1 crore on Paytm Payments Bank for submitting information that did not reflect the factual position, which, according to the central bank, is an offence under Section 26 (2) of the Payments and Settlement Act.
  • The central bank has also imposed a penalty of Rs. 27.78 lakh on Western Union Financial Services for non-compliance with Money Transfer Service Scheme (MTSS) directions.
  • Paytm Payments Bank is an Indian payments bank, founded in 2015 and headquartered in Noida. In 2015, it received the license to run a payments bank from the Reserve Bank of India. It was launched in November 2017.

Tata AIG Announces Launch of RPAS Insurance and Distribution Tie-up with TropoGo

  • Tata AIG General Insurance announced the launch of Remotely Piloted Aircraft System (RPAS) Insurance and distribution tie up with TropoGo. Tropogo has successfully established an integrated marketplace providing a one-stop shop for the complete drone ecosystem.
  • Tata AIG has been at the forefront and has closely engaged with the Drone Federation of India to understand the various types of risks faced by drone owners and operators. Tata AIG's RPAS Insurance is a comprehensive product covering both Hull and Third-Party Liability risks faced by them. Tata AIG's RPAS insurance also provides optional coverage for BVLOS operations, night flying, data loss liability etc.
  • With the influx of new and exciting drone technologies and the recent policy changes in India, the already highly active community of drone manufacturers, tech start-ups, and enthusiasts are excited to make India a drone hub by 2030. Ministry of Civil Aviation foresees an investment of over INR 5000 crore in the drone manufacturing industry over three years leading to annual sales turnover reaching over INR 900 crores in FY 2023-24.
Share on
Keep Yourself updated on Latest PTE Exam Pattern

Avail Free Topic-wise Tests and various other offers.

Later Allow