Forbes - Current Affairs Questions and Answers

1)   How many Indian women are in the list of Forbes world’s 100 most powerful women building billion dollar brands in the financial market?

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

ANSWER: 4

Explanation:
Four Indian women including SBI MD Arundhati Bhattacharya and ICICI Bank MD Chandra Kochhar are in the new list of Forbes world’s 100 most powerful women who are building billion dollar brands and calling the shots in the financial market. Forbes 100 Most Powerful Women in the world list 2016 topped by German Chancellor Angela Merkel includes PepsiCo Chief Indra Nooyi and Biocon founder Kiran Mazumdar Shaw as well as HT Media head Shobhana Bhartia.

  • Forbes indicated this year’s most powerful women are the smartest and toughest female leaders of their time making the mark in the world
  • Bhattacharya, 60 ranked 25th on the list with SBI facing mounting bad loans at USD 11 billion in December according to Forbes
  • Kochchar occupied the 40th position while Mazumdar Shaw was 77th and Bhartia was 93rd
  • Nooyi was 14th on this list


2)   Who is the only Indian on list of Money Masters: the Most Powerful People in the Financial World.

a. Adi Godrej
b. Ratan Tata
c. David Tepper
d. Uday Kotak
Answer  Explanation 

ANSWER: Uday Kotak

Explanation:
The list comprises of 40 most powerful peoples in the financial world.The only Indian who finds mention in the list is Uday Kotak, the CEO of the Kotak Mahindra Bank.

  • He is ranked 33rd in the list with a net worth of 7.1 billion dollars and oversees assets worth 34.6 billion dollars.
  • The list has been topped by Stephen Schwarzman of Blackstone Group followed by David Tepper of Appaloosa Management and Jamie Dimon of JP Morgan Chase & Co.


3)   Which Indian woman has topped the Forbes list of world’s richest people for India?

a. Indu Jain
b. Smita Krishna Godrej
c. Leena Tiwari
d. Savitri Jindal
Answer  Explanation 

ANSWER: Savitri Jindal

Explanation:
The list has 190 women billionaires which constitutes around 10 percent of the total count. Savitri Jindal and her family was ranked at 453rd place in the list. Jindal has a net worth of USD 3.5 billion. Indu Jain who chairs media major Bennett, Coleman & Co, was placed at the 549 rank globally with a net worth stood at USD3.1 billion. Others on the list included Smita Crishna Godrej (rank 810 with net worth of USD 2.2 billion), Leena Tiwari (1067th position with net wealth of USD 1.7 billion) and Vinod Gupta (1577 with assets of around USD 1.1 billion). Gupta owns Havells while Tiwari chairs generic maker USV.


4)   How many women feature in the Forbes List of 100 richest Indians released on 24th September 2015?

a. 3
b. 4
c. 5
d. 6
Answer  Explanation 

ANSWER: 4

Explanation:
Currently, only 4 women feature in Forbes list of 100 richest Indians including O P Jindal group Chairperson Savitri Jindal and generic drugs maker USV Pharma Chairperson Leena Tewari and Indu Jain of Bennett, Coleman & Co are the other two women in the list.The four women have a collective wealth of $9.2 billion and account for nearly three per cent of the total net-worth of all in the coveted list whose collective wealth is around $345 billion. Jindal, ranked 23rd on the list, was followed by newcomer Leena Tewari who chairs privately held generics maker USV Pharma, ranked 54th on the list and Indu Jain of Bennett, Coleman & Co was ranked 57th on the list with a networth of $1.9 billion. Industrialist Mukesh Ambani has retained the tag as India’s richest for the ninth year in a row with a net worth of $18.9 billion followed by Sun Pharma’s Dilip Shanghvi as second-richest with a net worth of USD 18 billion while Wipro’s Azim Premji retained his third place with $15.9 billion.


5)   How many Indian companies have been listed in the Forbes Asia Fabulous 50 companies?

a. 7
b. 10
c. 19
d. 23
Answer  Explanation 

ANSWER: 10

Explanation:
These 10 companies are HDFC Bank, TCS, HCL Tech, Aurobindo Pharma, Lupin, Sun Pharma, Motherson Sumi Systems, Tech Mahindra, Tata Motors and Titan.


6)   Name the two Indian-origin women to find place in Forbes' inaugural list of America's 50 richest self made women?

a. Neerja Sethi & Jayshree Ullal.
b. Neerja Sethi & Chanda Kochhar
c. Chanda Kochhar & Jayshree Ullal
d. Chanda Kochhar & Neerja Sethi
Answer  Explanation 

ANSWER: Neerja Sethi & Jayshree Ullal.

Explanation:
India-born Neerja Sethi, with a net worth of 1.1billion US Dollar, ranked 14th while London born Jayshree Ullal with 470 million US Dollar net worth comes at the 30th Spot on the list. Neerja Sethi, co-founded IT consulting and outsourcing company Syntel with her husband, billionaire Bharat Desai, in 1980. Jayshree Ullal is the president and CEO of Arista Networks.