4th Week Awards + Acquisition & Mergers Flashcards
- Which of the following Indian personality is not featured on the 11th edition of the list of
BBC 100 Women 2023 released by the British Broadcasting Corporation (BBC) in November
2023?
1) Kartiki Gonsalves
2) Dia Mirza
3) Harmanpreet Kaur
4) Arati Kumar-Rao
5) Jetsunma Tenzin Palmo
Answer- 1) Kartiki Gonsalves
Explanation:
On November 21, 2023, the British Broadcasting Corporation (BBC) released the 11th edition of the
list of BBC 100 Women 2023 which includes four Indian women viz. Actress Dia Mirza, Cricketer
Harmanpreet Kaur, Photographer Arati Kumar-Rao, and Tibetan Buddhist nun Jetsunma Tenzin
Palmo.
• It is a list of 100 inspiring and influential women from around the world for 2023.
• The list is organised into categories like Culture and Education; Entertainment and Sport;
Politics and Advocacy; and Science, Health, and Tech.
i. Harmanpreet Kaur and Dia Mirza are named under the Entertainment & Sport category while
Jetsunma Tenzin Palmo is acknowledged under the category of Culture and education.
ii. In 2023, for the first time, this BBC 100 Women list specifically highlights ‘Climate pioneers’ , a
group of women leading the battle against the climate crisis.
• The list features 28 Climate Pioneers from across the globe who are inspiring and leading their
communities to tackle the devastating impact of climate change. This includes Indian
photographer Arati Kumar-Rao.
- Which company has recently (in Nov ‘23) received the “Best Employer for Policies in
Diversity & Inclusion” Award?
1) Vedanta Limited
2) Indian Oil Corporation Limited
3) National Aluminium Company Limited
4) REC Limited
5) Oil India Limited
Answer- 4) REC Limited
Explanation:
REC Limited (Formerly Rural Electrification Corporation Limited) received the “Best Employer for
Policies in Diversity & Inclusion” Award.
i. It was awarded at the 4th Diversity & Inclusion Excellence Awards and Conclave 2023 organized by
the Associated Chambers of Commerce & Industry of India (ASSOCHAM) in New Delhi, Delhi.
ii. REC was awarded for its commitment to creating a workplace that accommodates differences,
fosters innovation, and promotes equal opportunities for all employees.
- Who has recently (in Nov ‘23) won the National Metallurgist Award (NMA) 2022 under the
Lifetime Achievement Award?
1) Dipankar Banerjee
2) Arun Kumar Biswas
3) Kamachi Mudali Uthandi
4) Srikumar Banerjee
5) Ramachandra Anantharaman
Answer- 3) Kamachi Mudali Uthandi
Explanation:
On 22 November 2023, the Ministry of Steel presented the National Metallurgist Award (NMA) 2022
to recognise the excellence and contribution of Metallurgists in the Iron & Steel Sector during the NMA
2022 ceremony.
• The NMA 2022 awards were conferred to 5 distinguished metallurgists in 4 categories.
Lifetime Achievement Award
Dr Kamachi Mudali Uthandi
National Metallurgist Award
Dr Debashish Bhattacharjee
Award for R&D in Iron and Steel Sector Dr Rameshwar Sah Rs 1 Lakh
Young Metallurgist Award
1. Dr Niloy Kundu (Metal Science) Rs 1 Lakh
2. Agilan Muthumanickam(Environment) Rs 1 Lakh
- Name the personality who has recently (in Nov ‘23) won the 2023 Booker Prize for the novel,
‘Prophet Song’.
1) Sarah Gilmartin
2) Naoise Dolan
3) Paul Lynch
4) Kathleen McMahon
5) Colin Walsh
Answer- 3) Paul Lynch
Explanation:
On November 26, 2023, Irish author Paul Lynch won 2023 Booker Prize for his novel, ‘Prophet Song’ published by Oneworld. He was awarded by Shehan Karunatilaka, the 2022 winner, during a ceremony held at Old Billingsgate, London in the United Kingdom (UK).
• He received 50,000 Pound sterling and the Iris Trophy for his award winning novel.
• In 2022, Shehan Karunatilaka won for ‘The Seven Moons of Maali Almeida’, set during the Sri Lankan civil war.
i. The Booker Prize is awarded to the best novel of fiction by writers of any nationality, written in English and published in the UK or Ireland. It was first awarded in 1969.
ii. The Booker Prize Foundation has decided the name of the trophy as ‘Iris’ – after Iris Murdoch (Winner of The Booker Prize 1978 for The Sea, the Sea). The trophy is Jan Pieńkowski’s original
statuette.
- Which word has been selected as Word of the Year 2023 by the Merriam-Webster in
November 2023?
1) AI
2) Authentic
3) Deepfake
4) X
5) Doppelgänger
Answer- 2) Authentic
Explanation:
United States of America (USA) dictionary publisher Merriam-Webster announced that the Word of
the Year for 2023 is “Authentic”. According to Merriam-Webster, Authentic is defined as “not false
or imitation” and “true to one’s own personality, spirit, or character”.
i. The searches for the word ‘Authentic’ on Merriam-webster.com increased in 2023, because of
stories and conversations about Artificial intelligence (AI), celebrity culture, identity, and social
media.
Note- ‘Authentic’ as Identity: The word is often connected to national as well as personal identity.
- Who has recently (in Nov ‘23) named for the 2023 United Nations High Commissioner for
Refugees (UNHCR) Nansen Refugee Award?
1) Azizbek Ashurov (Kyrgyzstan)
2) Abdullahi Mire (Somalia)
3) Angela Merkel (Germany)
4) Zannah Mustapha (Nigeria)
5) Aqeela Asifi (Afghanistan)
Answer- 2) Abdullahi Mire (Somalia)
Explanation:
Abdullahi Mire, a former refugee from Somalia has been named the 2023 United Nations High
Commissioner for Refugees (UNHCR) Nansen Refugee Award’s Global Laureate for championing
the right to education while putting 100,000 books in the hands of displaced children and youth in
Kenya.
i. The awards will be presented at a ceremony in Geneva, Switzerland on 13 December 2023 at the
Global Refugee Forum 2023, which will take place from 13 to 15 December 2023.
• The Somali born grew up in the Dadaab refugee camps in Kenya.
ii. The 2023 Regional Winners of the UNHCR Nansen Refugee Award have also been named,
recognising their outstanding work with refugees, internally displaced, and stateless people.
• Elizabeth Moreno Barco from Colombia(Americas)
• Asia Al-Mashreqi from Yemen (Middle East & North Africa)
• Abdullah Habib, Sahat Zia Hero, Salim Khan and Shahida Win (Asia-Pacific): four Rohingya
storytellers documenting the experiences of stateless Rohingya refugees
• Lena Grochowska and Władysław Grochowski from Poland (Europe)
- Which of the following points is/are “correct” with respect to the 7th edition of Bengal Global
Business Summit held at Kolkata in November 2023?
A) During the summit, Mamta Bannerjee, CM of West Bengal announced that West Bengal
attracted investment worth Rs3.76 Lakh crore which includes signing of 188 MoUs and Letter
of Intent (LoI) in different sectors.
B) Reliance Industries Limited announced plans to invest Rs20000 crore in next three years in
West Bengal.
C) World Trade Centre (WTC)-NDITA (Nabadiganta Industrial Township Authority) has signed
a MoU with the World Trade Centres of Mumbai, Bengaluru, Chennai, Kochi and Noida at the
Urban Infrastructure Session in Summit.
1) All A, B & C
2) Only A & B
3) Only B & C
4) Only A & C
5) Only A
Answer- 1) All A, B & C
Explanation:
The Government of West Bengal organized the 7th edition of Bengal Global Business Summit which
was held from November21 to 22, 2023 in Kolkata, West Bengal.
• The summit aimed to bring together business leaders, academia, entrepreneurs and think
tanks across the globe with the objective of making strategic and business alliances about the
industrial ecosystem and business friendly initiatives of state.
• Key Participants: The Summit hosted business leaders from more than 25 countries. The
participating countries include The U.S., U.K., Japan, France, Australia and Germany to name a
few.
i. During the 7th edition of Bengal Global Business summit, Mamta Bannerjee (Chief Minister, West
Bengal) announced that West Bengal attracted investment worth Rs3.76 Lakh crore which includes
signing of 188 MoUs and Letter of Intent (LoI) in different sectors.
ii. While addressing the summit, Mukesh Ambani (Chairman and Managing Director, Reliance
Industries Limited) announced that his company plans to invest Rs20000 crore in next three years in
West Bengal. Earlier, the Reliance Company invested about Rs45000 crores in West Bengal.
iii. World Trade Centre (WTC)-NDITA (Nabadiganta Industrial Township Authority) has signed
a MoU with the World Trade Centres of Mumbai, Bengaluru, Chennai, Kochi and Noida at the Urban Infrastructure Session at Biswabanga Mela Program of Bengal Global Business Summit 2023 in
Kolkata, West Bengal.
- Which company has recently (in Nov ‘23) received approval from the Competition
Commission of India (CCI) to acquire additional stake in Niva Bupa Health Insurance
Company?
1) Bupa Global International Holdings
2) Fortis Healthcare Ltd
3) Bupa Singapore Holdings
4) Max Healthcare Institute Ltd
5) Global Health Ltd
Answer- 3) Bupa Singapore Holdings
Explanation:
The Competition Commission of India (CCI) approved the acquisition of an additional stake in Niva
Bupa Health Insurance Company by Bupa Singapore Holdings. The Proposed transaction is
approved under the green channel route, adhering to Regulation 5A and Schedule III of CCI
(Procedure in regard to the transaction of business relating to combinations) Regulations, 2011.
• Acquirer- Bupa Singapore Holdings Pte. Ltd. (Bupa Singapore)
• Target- Niva Bupa Health Insurance Company Limited (Niva Bupa)
i. Following this acquisition, the shareholding of Bupa Singapore will increase to approximately 63%
equity stake in Niva Bupa.
- In November 2023, Berkshire Hathaway Inc sold its entire 2.46% stake in _________ (company)
for Rs.1,371 crore in a bulk deal on the National Stock Exchange (NSE).
1) Paytm
2) PhonePe
3) Google Pay
4) PayZapp
5) Razorpay
Answer- 1) Paytm
Explanation:
Berkshire Hathaway Inc, an American diversified
multinational holding company led by Warren Buffett, sold
its entire 2.46% stake in One97 Communications, the
parent company of fin-tech company Paytm for Rs.1,371
crore in a bulk deal on the National Stock Exchange (NSE).
i. Berkshire Hathaway Inc. through its affiliate company
BH International Holdings sold over 1.56 crore shares of
Paytm at a loss of about 31% per share, leading to a loss exceeding Rs.620 crore.
ii. The sale was made through an open market transaction and the shares were bought by Ghisallo
Master Fund and Copthall Mauritius Investment.
