MCQ Quiz

Explanation
General Motors recently announced that it will stop advertising on Facebook. This decision could be due to various reasons such as a shift in marketing strategy, concerns over the effectiveness of advertising on the platform, or a response to the ongoing controversy surrounding Facebook's handling of misinformation and hate speech. Without further context, it is difficult to determine the exact reason behind General Motors' decision.

Explanation
Microsoft announced plans to cut 8% of its workforce last month. This means that the company is planning to reduce its number of employees by 8%.

Explanation
Marissa Mayer is the correct answer because she was appointed as Yahoo's new chief executive.

Explanation
Capgemini is a global company that operates in the technology, outsourcing, and consulting sectors. However, it does not operate in the automobile sector. This means that it does not provide services or solutions specifically related to the automotive industry.

Explanation
The correct answer is Tata Enterprise. DIGJAM is a product of Tata Enterprise.

Explanation
Carlos Slim Helu & family is the correct answer for the top billionaire in terms of net worth according to Forbes list of Top 10 Billionaires of the world in April 2012.

Explanation
Exxon Mobil is the correct answer because it is currently the largest company in the world by revenue. As an oil and gas company, Exxon Mobil has a significant global presence and generates substantial revenue from its operations. It consistently ranks among the top companies in terms of revenue and has a strong track record of financial performance.

Explanation
Barclays was fined £290m for attempting to manipulate Libor rates. Libor, or the London Interbank Offered Rate, is a benchmark interest rate used globally. Barclays' actions involved submitting false rates to manipulate the Libor, which affected the cost of borrowing for individuals and businesses. The fine was imposed by regulatory authorities as a consequence of these manipulative practices.

Explanation
Wal-Mart is the correct answer because it is an American multinational corporation that operates under different names in different countries. In the United Kingdom, it operates as Asda, in Japan as Seiyu, and in India as Best Price. This demonstrates Wal-Mart's global presence and its strategy of adapting to local markets by using different brand names.

Explanation
Google is the correct answer because according to Fortune magazine, it has been awarded the best place to work in both India and the world. Google is known for its employee-friendly work culture, attractive benefits, and innovative work environment. The company offers various perks and opportunities for growth, making it highly desirable for job seekers. Its reputation as a great place to work has been consistently recognized by reputable publications and surveys, cementing its position as a top employer globally.