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1. Oman Investment Fund (OIF), the Sultanate of Oman’s sovereign wealth fund, filed application with the government to buy a stake in which of the software solutions company, IT People promoted exchange?
a. Universal Commodity Exchange
b. Agri bourse NCDEX
c. Intercontinental Exchange
d. National Spot Exchange Limited
Answer: (a)
2. Which company on 27 Deember 2011 mentioned that it would acquire the remaining 51 per cent stake from BP Alternative Energy Holdings in the joint venture that it formed with BP?
a. Reliance Power
b. Tata Power
c. Adani Power Limited
d. ABB Ltd
Answer: (b)
3. Which paharmaceutical company announced in December 2011 the launch of Supamovecream used for treating pain and inflammation in India?
a. Cipla
b. Ranbaxy
c. Dr. Reddy’s
d. Sun Pharmaceuticals
Answer: (c)
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