BUSINESS LINE CA PHASE I

Question 1

E2W sales to cross one million units in 24-25

Answer 1

ICRA expects the penetration levels of e-2w to reach 6-8% in FY25The electric two-wheeler vehicle sales are nearing the one million mark with FY2023-2024 recording 8.51 lakh electric two-wheeler registrations in India.

Question 2

According to Vahan data, which tracks vehicle registrations in the country, in FY2022-2023, 7,25,297 electric two-wheelers were registered

Answer 2

compared to only 2,50,219 electric two-wheelers registered in FY2021-2022.

Question 3

Kumar Venkatasubramanian appointed new CEO of P&G India

Answer 3

Kumar Venkatasubramanian will succeed LV Vaidyanathan
Effective from May 1st, 2024

Question 4

Adani Group to invest $14 bn in FY25

Answer 4

According to analysts, the portfolio is estimated to have incurred a capex of around $10 billion in FY24 that ends on March 31.

ports to energy, airports, commodities, cement and media in fiscal year starting April 1, as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, sources said.

Question 5

AB Sun Life AMC launches AI-based search engine for investors

Answer 5

MyMutualFundGPT

Question 6

RRP Electronics to set up first semiconductor plant in Maharashtra

Answer 6

RRP Electronics has tied up with a consortium of European companies to set up a one-of-its-kind semiconductor facility in Maharashtra.The company, which will invest ₹5,000 crore over the next five years, plans to lay the foundation stone in its new premises of 25,000 sq ft on March 23.

Outsourced Semiconductor Assembly and Testing (OSAT)

Question 7

T M Krishna to get Sangita Kalanidhi award

Answer 7

Renowned Carnatic musician chosen for Sangita Kalanidhi award; known for music and social activism

Question 8

CMFRI seeks public participation in marine fisheries research, launches mobile app

Answer 8

Marlin@CMFRI’ helps the public upload photos of marine fish species seen in the Indian EEZ, developing a rich visual repository of marine fishery resourcesIn a bid to encourage citizen science initiatives in marine fisheries research, the ICAR-Central Marine Fisheries Research Institute (CMFRI) has launched an innovative mobile app ‘Marlin@CMFRI’. The app is a gateway for comprehensive media sharing and is aimed to transform marine fishery research, species identification, and assessment efforts within India’s Exclusive Economic Zone (EEZ).

Question 9

Marlin@CMFRI’ helps the public upload photos of marine fish species seen in the Indian EEZ, developing a rich visual repository of marine fishery resourcesIn a bid to encourage citizen science initiatives in marine fisheries research

Answer 9

, the ICAR-Central Marine Fisheries Research Institute (CMFRI) has launched an innovative mobile app ‘Marlin@CMFRI’. The app is a gateway for comprehensive media sharing and is aimed to transform marine fishery research, species identification, and assessment efforts within India’s Exclusive Economic Zone (EEZ).

Question 10

RBI imposes monetary penalty on Indostar Capital Finance Limited, Mumbai, Maharashtra

Due to three reasons
I. Delayed reporting of certain frauds above ₹ 1 lakh

Answer 10

Where the amount involved in frauds is more than ₹1lakh, report in prescribed format within three weeks to Central fraud monitoring cell, RBI Bengaluru and Regional office Non banking supervision of RBI.

Question 11

Case : RBI imposes monetary penalty on Indostar Capital Finance Limited, Mumbai, Maharashtra.

Static :if ₹1 crore and above fraud happens,

Answer 11

NBFC has to report to DBS RBI, Fraud monitoring cell, Central office Bengalure and DNBS, CO Bengaluru within 1 week.

Question 12

Case : RBI imposes monetary penalty on Indostar Capital Finance Limited, Mumbai, Maharashtra.

Static :if 25 lakh and above fraud happens,

Answer 12

Apart from reporting, note to be placed to audio committee of the NBFC board

Question 13

40-hour long high tempo operation 2,600 km away from the Indian coast, that saw Indian Navy air dropping its elite Marcos commandos and two combat rubberised raiding craft for the final assault, led to the surrender of 35 armed Somalian pirates who had hijacked merchant vessel MV Ruen last December and was using it for piracy since then.

Answer 13

Operation Sankalp was also a reflection of the jointness of armed forces as the Indian Navy took the help of Indian Air Force’s C-17 heavy airlift aircraft to airdrop Marcos commandos for the final critical action.

Question 14

Jindal Defence Systems teams with Brazilian Taurus Armas SA to manufacture firearms at Hisar Haryana

Answer 14

The manufacturing plant will have an annual production capacity of up to 2,50,000 weapons, which the company believes will strategically positioning JD Taurus to address the burgeoning demand in the country

Question 15

Army raises specialised technology unit ‘STEAG’ for future warfare

Answer 15

The hi-tech unit will carry out technical scouting, evaluation, development, management of core ICT solutions, and provides user interface support by maintenance and upgradation of contemporary technologies available in the environment

Question 16

Signals Technology Evaluation and Adaptation Group” (STEAG), a first of its kind specialised technology unit, for undertaking research and evaluation of the

Answer 16

next generation communication technologies like Artificial Intelligence, 5G and 6G networks, machine learning, and quantum technologies for defence applications.