Economy And Business Flashcards
Which Indian organisation hosted the 2022 India-Taiwan Industrial Collaboration Summit along with the Chinese National Federation of Industries, Taiwan in Nov ‘22, where India & Taiwan business groups signed 3 MoUs to establish tighter cooperation in electronics manufacturing? 1) Quality Council of India
2) National Association of Software and Service Companies
3) Federation of Indian Chambers of Commerce and Industry
4) Data Security Council of India
5) Associated Chambers of Commerce and Industry of India
Federation of Indian Chambers of Commerce and Industry (FICCI)
Explanation:
At the 2022 India-Taiwan Industrial Collaboration Summit held in New Delhi, Delhi, business groups from Taiwan and India inked 3 MoUs to establish tighter cooperation in electronics manufacturing and green technology.
i. The summit was jointly hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI), India and the Chinese National Federation of Industries (CNFI), Taiwan.
Which country has recently (in Nov’22) emerged as the top destination for India’s petroleum product exports in the first half of FY22?
1) Russia
2) South Africa
3) Netherlands
4) China
5) Brazil
Netherlands
The Netherlands has emerged as the top destination for India’s petroleum product exports such as petrol and diesel in the first half of FY22. Amid the Ukraine war, India continued to buy discounted crude oil from sanctions-hit Russia.
i. India is a key Asian refining hub, with an installed capacity of nearly 250 million tonnes per annum across 23 refineries.
ii. The emergence has resulted in Netherlands becoming the 3rd biggest market for India’s overall exports, replacing China.
In November 2022, AdaniConneX set up a 17 MW hyperscale data centre in ____________.
1) Pune, Maharashtra
2) Bengaluru, Karnataka
3) Chennai, Tamil Nadu
4) Ahmedabad, Gujarat
5) Visakhapatnam, Andhra Pradesh
Chennai, Tamil Nadu
AdaniConneX, a joint venture(jv) between Adani Enterprises and EdgeConneX, has set up ‘Chennai 1’ 17 MW hyperscale data centre campus at Sipcot IT Park in Chennai, Tamil Nadu.
i. In the first phase, the campus will have a capacity of 17 MW (IT Load) which will be increased up to 33 MW(megawatt) at full capacity.
ii. It is Tamil Nadu’s first pre-certified Indian Green Building Council(IGBC) Platinum Rated data center and will be powered with 100% renewable energy.
- Which company has signed an MoU (in Nov’ 22) with Amazon India to strengthen electric mobility, electric infrastructure, and other connected services?
1) Hero MotoCorp
2) Bajaj Auto
3) Honda Motorcycle
4) Suzuki Motorcycle
5) TVS Motor
TVS Motor
Amazon India and TVS Motor Company signed an MoU on a strategic partnership to strengthen electric mobility, electric infrastructure and other connected services.
i. As part of this collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries.
