Infosys - Current Affairs Questions and Answers

1)   Which high profile exits has Infosys seen in September 2017?

a. CEO Vishal Sikka
b. Board member NR Narayana Murthy
c. Head of Design and Senior VP Sanjay Rajgopalan
d. Both a and c
e. All the above
Answer  Explanation 

ANSWER: Both a and c

Explanation:
Sanjay Rajagopalan, senior vice-president, Infosys, who headed design and research, has quit the company, according to a posting on his personal page on the networking site, LinkedIn.

He quit Infosys a month ago after working for more than three years with the firm. Earlier, he was a senior vice-president with the German software maker, SAP from 2004 to 2014.

Former CEO & MD of Infosys, Vishal Sikka, had quit the company last month following a spat with the co-founder N.R. Narayana Murthy.

Infosys: Know More

  • Infosys Limited is an Indian multinational corporation that provides business consulting, information technology and outsourcing services.
  • It has its headquarters in Bengaluru, India.
  • Infosys is the second-largest Indian IT firm by 2016 revenues.
  • Founded: 7 July 1981, Pune
  • CEO: U. B. Pravin Rao (2017)
  • Revenue: 10.21 billion USD (2017)
  • Headquarters: Bengaluru
  • Founders: N. R. Narayana Murthy, Nandan Nilekani
  • Key Subsidiaries: Panaya, Infosys BPO, EdgeVerve, Skava


2)   Infosys founder NR Narayana Murthy has won which of the following awards?

a. Pulitzer Prize
b. Fields Medal
c. Ramon Magsaysay Award
d. PLuS Alliance Prize
Answer  Explanation 

ANSWER: PLuS Alliance Prize

Explanation:
Infosys co-founder N R Narayana Murthy and Mumbai-born scientist Veena Sahajwalla have been conferred the PLuS Alliance Prize.

This is a prestigious honour that recognises Research Innovation, Education Innovation, Global Leadership and Global Innovation.

The Prize of USD 50,000 was awarded in two categories; Education Innovation and Research Innovation.

Both winners were recognized for the development and implementation of innovative solutions to significant global issues.


3)   Who has been appointed Co Chairman of Infosys?

a. Ravi Ganesan
b. Ravi Venkaiah
c. Ravi Venkatesan
d. None of the above
Answer  Explanation 

ANSWER: Ravi Venkatesan

Explanation:
Infosys on April 13, 2017 appointed Independent Director Ravi Venkatesan co-Chairman amid calls from founders to diversify the board.

The Board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.

Venkatesan, who has been on the Infosys Board since April 2011, has made valuable contribution to the development of strategic direction of the company during his tenure, according to a company statement.


4)   Infosys Science Foundation has awarded how many people with its prize in 2016?

a. 4
b. 5
c. 6
d. 7
Answer  Explanation 

ANSWER: 6

Explanation:
Infosys Science Foundation on 18th Nov 2016 declared the names of six persons as winners of Infosys Prize 2016.

The prize which has been given to recognise and celebrate the talent and contribution of leading researchers and scientists today is currently in its eighth year.

Winners were selected from 6 categories namely Engineering and Computer Science, Humanities, Life Sciences, Mathematical Sciences, Physical Sciences and Social Sciences.

From a total of 250 nominations, 6 persons were chosen by noted academics and scientists such as Prof Amartya Sen and Prof Kaushik Basu.

Here are the names of the winners:

  • Prof. V. Kumaran for Engineering and Computer Science
  • Prof. Sunit Amrith for Humanities
  • Dr. Gagandeep Kang for Life Sciences
  • Prof. Akshay Venkatesh for Mathematical Sciences
  • Dr. Anil Bhardwaj for Physical Sciences
  • Prof. Kaivan Munshi for Social Sciences


5)   Which foundation has signed a MoU with IIT-Kharagpur for funding socially relevant projects?

a. Wipro
b. Infosys
c. TATA
d. None of the above
Answer  Explanation 

ANSWER: Infosys

Explanation:
The philanthropic arm of Infosys, the Infosys Foundation has signed an MoU with IIT_Kharagpur for funding socially relevant projects.

  • Funding of travel to international conferences for women and the celebrated research carried out by the IIT in association with ASI for studying the antiquity of the Indus Valley is being carried out as per the MoU
  • Corporate houses have a long term relation with this IIT in sponsoring research and consultant projects
  • The institute receives INR 100 crore each year for industrially relevant research from various industrial houses
  • Murthy also holds a position on the board of governors at the IIT-Kharagpur
  • The project 'Tracking the Antiquity and Climate during Bronze Age Harappan /Indus Valley Civilisation (IVC) in India Using Isotope & Latest Chronological Techniques (CVO) aims at studying climate change and its historic importance in cultures


6)   Which global software major announced on 3rd August 2016 that it was investing USD 4 million in Israeli corporation Cloudyn?

a. Infosys
b. HCL
c. IBM
d. None of the above
Answer  Explanation 

ANSWER: Infosys

Explanation:
Global software major Infosys on 3rd August 2016 announced the investment of USD 4 million or INR 27 crore in Israeli corporation Cloudyn, providing software as a service solutions for management and optimisation of hybrid, multi-cloud deployments.

  • Cloudyn has enabled enterprises to manage and optimise multi cloud deployments.
  • Infosys investment came after rival Wipro said it was purchasing HR Given, another Israeli firm for an undisclosed amount.


7)   Infosys has elevated Rajesh Krishnamurthy executive VP and head of energy and utilities and telecom to which post in July 2016?

a. President
b. CEO
c. CMD
d. MD
Answer  Explanation 

ANSWER: President

Explanation:
Infosys has elevated Rajesh Krishnamurthy executive VP and head of energy and utilities and telecom as President.

  • Krishnamurthy has replaced Sanjay Purohit as head of consulting.
  • He is now president besides 3 others elevated this year- Ravi Kumar, Mohit Joshi and Sandeep Dadlani.
  • Krishnamurthy is also heading the Europe division of Infosys.


8)   India’s second largest software exporter, Infosys has witnessed another exit. Which executives quit the IT major in July 2016?

a. Samson David
b. Anup Upadhyay
c. Vasudeva Nayak
d. All of the above
Answer  Explanation 

ANSWER: All of the above

Explanation:
The second largest software exporter in India, Infosys has witnessed another exit as global immigration head Vasudeva Nayak resigned on 20th July 2016.

  • This is the third top level departure after the exits of Samson David and Anup Upadhyay.
  • This exit comes at a time when the USD 150 billion IT industry is tracking the critical issue of immigration in the US election year.
  • Infosys has also reported below par numbers, forcing investors to punish the stock.


9)   Which Infosys veteran quit the company on 14th July, 2016?

a. Samson David
b. Vishal Sikka
c. Both of the above
d. Neither a nor b
Answer  Explanation 

ANSWER: Samson David

Explanation:
Infosys senior executive Samson David, tasked to spearhead the country’s flagship artificial intelligence platform Mana, has resigned from the company.

  • This departure comes a day before Infosys announces closely watched first quarter results.
  • David’s exit marks at leat the fifth high level exit with others like Rajiv Bansal, Sanjay Jalona, Gautam Thakkar and Michael Reh also leaving the company.


10)   India’s second largest software exporter has conducted a top reshuffle. Who is the new BPO head of Infosys?

a. Anup Upadhyay
b. Anup Singh
c. Anup Mishra
d. Anant Radakrishnan
Answer  Explanation 

ANSWER: Anant Radakrishnan

Explanation:
India’s second largest software exporter Infosys has conducted a top level reshuffle and named Anatha Radakrishnan as the new head of back office outsourcing business, while previous BPO head Anup Uppadhyaya has been tasked with helping the company win large deals.

  • Upadhyay has been designated head of strategic sales programs


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