USIBC - Current Affairs Questions and Answers

1)   Who has been awarded the Transformative Chief Minister award by USIBC for 2017?

a. Chandrababu Naidu
b. Yogi Adityanath
c. Capt. Amarinder Singh
d. None of the above
Answer  Explanation 

ANSWER: Chandrababu Naidu

The US-India Business Council (USIBC) has selected Andhra Pradesh Chief Minister, Chandrababu Naidu for the ‘Transformative Chief Minister Award.'

This is for his role in advancing the US-India partnership at the state level.

The award will be presented to him at the USIBC West Coast Summit in the Silicon Valley on May 8th.

The USIBC West Coast Summit will see the participation of Indian government officials.

Also part of this are 150 industry leaders from sectors such as information technology, banking, food processing, healthcare, clean energy, digital payments, and manufacturing.

The organisation aims to explore the impacts of manufacturing in India, digitisation, move towards adoption of a cashless society and the future of the US-India trade relations.

The companies such as Amazon, Paypal, Deloitte, Facebook, Mastercard, Dell, TransAsia, Varian Medical and Visa will attend the summit.

In addition, the Secretary, Ministry of Electronics and IT Aruna Sundararajan will also be honoured with the ‘Transformative Leadership Award’ for excellence in public service and for her role in advancing US-India cooperation and Digital India.

Amitabh Kant, CEO of Niti Aayog was the last year’s recipient of this award.

USIBC: Know More

  • USIBC was established in 1975 as a business advocacy organization for encouraging the private sectors in the US and India to enhance investments.
  • It acts a direct link between business and government leaders to enhance the trade and investment ties between the two nations.
  • USIBC works in partnership with major trade associations of India like The Confederation of Indian Industry (CII), The Federation of Indian Chambers of Commerce and Industry (FICCI), National Association of Software and Services Companies (NASSCOM) among others.
  • President and CEO of MasterCard Ajay Banga is the current chairman of USIBC.

2)   Who has been honoured with the USIBC Transformative CM award?

a. Manohar Parrikar
b. Chandrababu Naidu
c. Cpt. Amarinder Singh
d. Yogi Adityanath
Answer  Explanation 

ANSWER: Chandrababu Naidu

Andhra Pradesh Chief Minister Chandrababu was conferred with One more Prestigious Award. US - India Business Council conferred ‘USIBC Transformative Chief Minister’.

The Council Chairman Johan Chambers extended an invitation to Naidu to deliver a keynote address at the Second Annual West Coast Summit.

More than 150 Representatives of various Technology Giant Companies will be attending this Summit.

He will be receiving the award at the second annual West Coast Summit to be held in Menlo Park, California on May 8.

He has been requested to deliver his message on the occasion and a message towards award function has been received by the CMO.

AP: Know More

  • Area: 160,205 km²
  • Founded: 1 October 1953
  • Population: 49.67 million (2011)
  • Capitals: Hyderabad, Amaravati

3)   Who has been selected as the next USIBC chairman by Council’s BoD?

a. John T. Chambers
b. John P. Chambers
c. Bill Gates
d. Ajay Banga
Answer  Explanation 

ANSWER: John T. Chambers

Executive chairman of Cisco, John T Chambers was elected on 21 September 2015 as the next Chairman of US-India Business Council’s (USIBC) by the Council’s Board of Directors. He succeeded Banga, President and CEO of MasterCard, who has been the longest-serving chairman of the Council. He will assume charge w.e.f January 1 2016. Established in 1975, the council aims to advance commercial partnerships between India and the US from USD 100 to 500 billion. Mukesh Aghi is its president.