current events beginner 10 sample questions

Business News MCQ Practice Test

Corporate developments and market changes

Q1. Amazon is reportedly acquiring a stake in a company that specializes in autonomous delivery robots. Which company is Amazon reportedly acquiring a stake in?

Explanation: Amazon is reportedly investing in Nuro, a company that has developed autonomous delivery robots, as part of its efforts to expand its delivery capabilities.

Q2. Which retail giant has announced a deal to acquire a stake in India's Reliance Retail?

Explanation: Amazon has announced a deal to acquire a stake in India's Reliance Retail.

Q3. What is the reason behind Amazon's recent decision to acquire iRobot, the company behind the Roomba robot vacuum?

Explanation: Amazon has made the acquisition to strengthen its position in the smart home market, where it competes with other companies like Google and Apple. The move is seen as a strategic one to expand Amazon's ecosystem of connected devices.

Q4. Which major US airline has announced a  $6.4 billion deal with Boeing to purchase 787 Dreamliner aircraft?

Explanation: Delta Air Lines has announced a significant deal with Boeing to purchase 787 Dreamliner aircraft, worth $6.4 billion.

Q5. What is the reason behind Microsoft's recent acquisition of Nuance Communications, a healthcare software company?

Explanation: Microsoft acquired Nuance Communications to leverage its AI-powered speech recognition technology, which can be integrated with Microsoft's Azure cloud platform and other products, such as Microsoft Teams and Dynamics.

Q6. Which company acquired a 20% stake in the Indian fintech company Zwitch?

Explanation: Paytm's parent company, One97 Communications, acquired a 20% stake in Zwitch to expand its fintech services.

Q7. What is the reason behind Amazon's decision to shut down its cashierless convenience store, Amazon Go, in San Francisco?

Explanation: Amazon Go was a convenience store that used artificial intelligence and computer vision to eliminate the need for cashiers. The store was first launched in Seattle in 2018 and expanded to other cities, including San Francisco. However, due to low sales, Amazon decided to close the San Francisco location.

Q8. Which major tech company is a significant customer of the new semiconductor manufacturing facility being built in Arizona?

Explanation: Apple is a major customer of TSMC's new semiconductor manufacturing facility in Arizona, which aims to reduce reliance on overseas manufacturing and secure supply chains.

Q9. Which entrepreneur is the CEO of Tesla and also founded the aerospace company SpaceX?

Explanation: Elon Musk has been CEO of Tesla since 2008 and founded SpaceX in 2002 (also co-founding PayPal and, later, other ventures). The original asked about 'recent' share-price movements — inherently unstable trivia with no durable correct answer.

Q10. Which e-commerce company has announced a $1 billion investment in its Indian operations, amid rising competition in the country's online retail market?

Explanation: Flipkart, an Indian e-commerce company, has received a $1 billion investment from its parent company Walmart, marking a significant boost to its operations in the country.

That was just a sample. Sign up to unlock the full question bank with timed tests and certificates.

Sign Up Free
Business News MCQ Practice Test | Mind Hustle