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Acquisitions & Mergers 109 ACQUISITIONS & MERGERS 1) Which firm has acquired a 51.78 % stake in 1) Baidyanath Group 2) Britannia Industries Asteria Aerospace for Rs 23.12 crore? 3) Patanjali Ayurved 1) Axis Risk Consulting Services Pvt Ltd 4) Himalaya Drug Company 2) Boston Consulting Group 5) None of these 3) Tata Strategic Management Group Answer – 3) Patanjali Ayurved 4) Reliance Strategic Business Ventures Ltd Explanation: (RSBVL) Patanjali Ayurved made its first big acquisition to 5) None of these take over soya food brand Nutrela maker Ruchi Soya for Answer – 4) Reliance Strategic Business Ventures Rs.4,350 crore through an insolvency process.The Ltd (RSBVL) acquisition will help Patanjali acquire edible oil plants as Explanation: also soyabean oil brands such as Mahakosh and Ruchi On December 13, 2019, Reliance Strategic Business Gold. Acharya Balkrishna is appointed as the Chairman Ventures Ltd (RSBVL),a wholly-owned subsidiary of And Managing Director of the Ruchi Soya Industries Ltd Reliance Industries Limited (RIL), has acquired a 51.78 Swami Ramdev as non-executive director on its new % stake in Asteria Aerospace for Rs 23,12,49,584.This is board. 51.78 % of Asteria’s equity share capital will further 4) Name the firm that received Competition strengthen the RSBVL’s initiatives in the emerging Commission of India (CCI)’s approval for technology sector. acquisition of 100% equity shares in both IDBI 2) Which insurance company’s 16.01% paid-up Asset Management Ltd. (IAML) and IDBI MF share capital was acquired by Napean Trustee Company Ltd. (IMTL) under CCI Opportunities and 9.99 % by Warburg Pincus Green Channel? Group-owned Honey Wheat Investment Ltd.? 1) HDFC Bank 1) Bajaj Allianz General Insurance 2) State Bank of India (SBI) 2) ICICI Lombard 3) Muthoot Finance Limited (MFL) 3) SBI (State Bank of India) General Insurance 4) Shriram Transport Finance Co. Ltd. 4) HDFC ERGO General Insurance Company 5) None of these 5) None of these Answer – 3) Muthoot Finance Limited (MFL) Answer – 3) SBI (State Bank of India) General Explanation: Insurance On December 20, 2019 The Competition Commission Explanation: of India (CCI), obtained 3 Green Channel Combinations On December 13, 2019, Competition Commission of under automatic approval. The approval was done under India (CCI), a statutory body of the Government of the sub-section (2) of Section 6 of the Competition Act, India(GoI) has gave its nod for the acquisition of 16.01% 2002 (Act) read with regulation 5A of the Competition paid-up share capital of SBI (State Bank of India) Commission of India, Regulations, 2011.100% acquisition General Insurance by Napean Opportunities and 9.99 % of both IDBI (Industrial Development Bank of India) by Warburg Pincus Group-owned Honey Wheat Asset Management Ltd (IAML) and IDBI MF Trustee Investment Ltd. Company Ltd (IMTL) by Muthoot Finance Ltd (MFL). 3) Name the Organization that completes acquisition of Ruchi Soya for Rs.4,350 crore through an insolvency process? 110 SCIENCE & TECHNOLOGY 1) Where was the 1st night trial of 1) Uttar pradesh 2) Odisha surface-to-surface ballistic missile, Agni-III 3) Gujarat 4) Maharashtra was launched? 5) None of these 1) Odisha 2) Kerala Answer – 2) Odisha 3) Andhra Pradesh 4) Tamil Nadu Explanation: 5) None of these On December 3, 2019 the Chief Minister of Odisha Answer – 1) Odisha Shri Naveen Patnaik launched an e-learning mobile Explanation: phone app named “MadhuApp” for students by providing On November 30, 2019 the first night trial of the video lectures and exercise in Odia language prepared by nuclear capable Agni-III surface-to-surface ballistic highly qualified educationists and teachers. This is missile was carried out from a mobile launcher at the named after freedom fighter social reformer Integrated Test Range(ITR) at APJ Abdul Kalam Island Madhusudan Das. off the coast of Odisha. The night trial was conducted by 5) Name the firm, which developed the World’s the Strategic Forces Command of the Indian Army(IA) lowest dose-volume Rotavirus vaccine called with logistic support from the Defence Research and “ROTAVAC 5D” that prevents rotavirus Development Organisation (DRDO). The maiden night diarrhoea in young children? trial however, was a failure, due to some manufacturing 1) Bharat Biotech defect. 2) Indian Immunologicals Limited 2) Where was the indigenously developed 3) Serum Institute of India nuclear capable surface-to-surface missile, 4) Biocon “Prithvi-2” test fired? 5) None of these 1) Kochi, Kerala Answer – 1) Bharat Biotech 2) Visakhapatnam, Andhra Pradesh Explanation: 3) Chandipur, Odisha On December 4, 2019, the Vice President of India 4) Balasore, Odisha Shri Venkaiah Naidu launched world’s lowest dose 5) None of these volume vaccine for Rotavirus at a function in New Delhi. Answer – 3) Chandipur, Odisha The oral rotavirus vaccine called “ROTAVAC 5D” is Explanation: developed by Indian manufacturer Bharat Biotech. The On December 3, 2019 India has successfully vaccine prevents rotavirus diarrhoea in young children conducted night trial of the indigenously developed and can be stored at 2-8 °C (degree celsius). It can be nuclear capable Prithvi-2 surface-to-surface missile as administered in just 5 drops. It is also cost effective due to part of a user trial for the armed forces from Integrated its efficacy and low cold chain footprint. Test Range (ITR) at Chandipur in the coast of Odisha. 6) Name the institute, that has collaborated with 3) What is the strike range of the newly test fired 4 Japanese institutions for research purpose surface-to-surface missile, “Prithvi-2”? in areas which includes earthquake 1) 300 Km 2) 200 Km 3) 250 Km 4) 350 Km engineering, and doctoral programs? 5) None of these 1) Indian Institute of Technology Bombay (IIT-B) Answer – 4) 350 Km 2) Indian Institute of Technology Delhi (IIT-D) Explanation: 3) Indian Institute of Technology Hyderabad On December 3, 2019 India has successfully (IIT-H) conducted night trial of the indigenously developed 4) Indian Institute of Technology Kanpur (IIT-K) nuclear capable Prithvi-2 surface-to-surface missile as 5) None of these part of a user trial for the armed forces from Integrated Answer – 3) Indian Institute of Technology Test Range (ITR) at Chandipur in the coast of Odisha. Hyderabad (IIT-H) The missile has a strike range of 350 kilometres with Explanation: warheads carrying capacity of 500-1,000 kilograms. On December 5, 2019 the Indian Institute of 4) Which state government has launched the Technology Hyderabad (IIT-H) will collaborate with 4 “MadhuApp” for e-learning for students by Japanese institutions for research purpose in areas providing video lectures and exercise? which includes earthquake engineering, and doctoral 111 programs. The Memorandum of Understanding(MoU) in 5) None of these this regard was signed by IIT-H director B.S. Murty with Answer – 1) DHC-2 de Havilland Beaver the 4 institutions during his visit to Japan. The MoU will Explanation: boost the Indo-Japanese research ties. On 11th December 2019, the World’s first fully 7) Which spacecraft of NASA (National electric commercial aircraft namely DHC-2 de Havilland Aeronautics and Space Administration) has Beaver takes test flight in Vancouver, Canada. found India’s Chandrayaan-2 Vikram lander Manufactured by Harbour Air and Magnix, the that crashed on the lunar surface in six-passenger e-plane’s first flight involved September 2019? 750-horsepower (560 kW) magni500 propulsion system, 1) Lunar Atmosphere and Dust Environment and was piloted by Greg McDougall, founder and Chief Explorer (LADEE) Executive of Harbour Air. 2) SELENE 10) Which technology is used by Dell technologies 3) Lunar Crater Observation and Sensing Satellite in association with UNESCO (United Nations (LCROSS) Educational, Scientific and Cultural 4) Lunar Reconnaissance Orbiter (LRO) Organization) MGIEP (Mahatma Gandhi 5) None of these Institute of Education for Peace) to improve Answer – 4) Lunar Reconnaissance Orbiter (LRO) educational quality in classrooms in India? Explanation: 1) TC (Technology and Communication) tools On December 2,2019 the independent American 2) TIT (Teaching and Information Technology) tools space agency NASA (National Aeronautics and Space 3) TCT (Teaching and Communication Technology) Administration) found India’s Chandrayaan-2 Vikram tools lander that crashed on the lunar surface in September 4) ICT (Information and Communication 2019. NASA released the image of the site of spacecraft’s Technology) tools impact that was taken by the Lunar Reconnaissance 5) None of these Orbiter (LRO) of NASA. Answer – 4) ICT (Information and Communication 8) Name the Indian engineer, who found the Technology) tools debris of the Indian lunar lander Vikram Explanation: which was crashed on September 7? On 10th December, 2019, Dell technologies 1) Avinash Kak announced a partnership with UNESCO (United Nations 2) Keki Hormusji Gharda Educational, Scientific and Cultural Organization) 3) Shanmuga Subramanian MGIEP (Mahatma Gandhi Institute of Education for 4) Man Mohan Sharma Peace) to improve educational quality in classrooms by 5) None of these using ICT (Information and Communication Technology) tools and enabling teachers to adopt new technologies in Answer – 3) Shanmuga Subramanian classrooms as mentioned under Sustainable Explanation: Development Goal 4 (SGD 4-Education) by the In September 26,2019 NASA released a mosaic member-states of the United Nations (UN). image and invited the public to find signs of the lander in the image. Shanmuga Subramanian from Chennai, 11) Name the Union Minister of State (MOS) for Tamil Nadu located the crashed site of Vikram Lander Culture and Tourism IC (Independent and the first piece of the debris found about 750 metres Charge), who launched the Indian Culture northwest of the main crash site. NASA credited Web Portal in New Delhi? Subramanian for his findings. The debris parts are 1) Prakash Javadekar 2) Prahlad Singh Patel scattered over almost 2 dozen locations spanning several 3) Narendra Singh Tomar kilometers.
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