11. As per the Finance Ministry’s notification, what is the limit up to which airlines can avail loan under ECLGS?
[A] Rs 1000 crore
[B] Rs 1500 crore
[C] Rs 5000 crore
[D] Rs 10000 crore
Show Answer
Correct Answer: B [Rs 1500 crore]
Notes:
The Union Finance Ministry allowed airlines to avail of up to Rs 1,500 crore loan under the Emergency Credit Line Guarantee Scheme (ECLGS).
Earlier, an airline could not avail of a loan more than Rs 400 crore under the ECLGS. In 2020, the ECLGS was launched to provide collateral-free and government-guaranteed loans to businesses affected by the Covid pandemic. This new decision would help airlines tackle cash flow problems.
12. Arrange the following events in the chronological order:
- Nationalisation of Private Airlines
- States Reorganisation Commission
- Incorporation of Chandernagor with India
- Inauguration of Bhakhra Dam
Which of the above is / are correct?
[A] 2, 4, 1, and 3
[B] 3, 1, 2, and 4
[C] 4, 2, 3, and 1
[D] 1, 2, 3, and 4
Show Answer
Correct Answer: B [3, 1, 2, and 4]
Notes:- Incorporation of Chandernagor with India: May 1950
- Nationalisation of Private Airlines: 1953
- States Reorganisation Commission: December 1953
- Inauguration of Bhakhra Dam: 8th of July, 1954
13. Who was appointed to the non-executive non-independent director at IndiGo Airlines?
[A] M Damodaran
[B] Ajay Singh
[C] Campbell Wilson
[D] N Chandrasekaran
Show Answer
Correct Answer: A [ M Damodaran]
Notes:
Indigo airlines appoints former SEBI chairman M Damodaran as a non-independent non-executive director. The Board of Directors of InterGlobe Aviation, the parent company of Indigo airlines has approved the appointment of M Damodaran as a non-existent executive director subjected to shareholders’ approval.
14. What is the name of the national Airlines of Sri Lanka?
[A] SriLankan Airlines
[B] Cinnamon Air
[C] Lanka Air
[D] Colombo Airlines
Show Answer
Correct Answer: A [SriLankan Airlines]
Notes:
SriLankan Airlines (formerly known as Air Lanka) is the national carrier of Sri Lanka. It operates over 560 flights per week across Asia, to over 100 destinations in 51 countries.
Sri Lanka’s new government has planned to sell its national airline to cut the losses, as a part of efforts to stabilize the nation’s finances. The carrier incurred losses to the tune of USD 124 million in the year ending March 2021.
15. Who was recently appointed as Indigo Airlines’ new Chief Financial Officer?
[A] Raj Subramaniam
[B] Sanjeev Kumar
[C] Gaurav Negi
[D] Uday Kotak
Show Answer
Correct Answer: C [Gaurav Negi ]
Notes:
Gaurav Negi has been appointed as the new CFO of Indigo Airlines.
16. Which of the following international airlines will become the first airline to use ‘sun-to-liquid’ fuel to help power its flights?
[A] Air New Zealand
[B] Swiss International Airlines
[C] Qatar Airways
[D] Singapore Airlines
Show Answer
Correct Answer: B [Swiss International Airlines]
Notes:- Swiss International Air Lines AG (SWISS or Swiss Air Lines) and its parent company, Lufthansa Group have partnered with Switzerland based solar fuels start-up, Synhelion SA (Synhelion) to use its solar aviation fuel. Swiss International Airlines will become the first airline to use solar aviation fuel (“sun-to-liquid” fuel) to help power its flights. SWISS will become the first customer of solar kerosene in 2023.
- For this, Synhelion has developed a technology for manufacturing sustainable aviation fuel (SAF) from renewable energy sources. When combusted solar fuel will only produce as much CO2 as went into its manufacture, cutting aviation emissions. Synhelion is set to build the world’s first facility to industrially produce solar fuel in Jülich, Germany. The plant will become operational from 2022 onwards.
17. Which airlines will be the first in the world to use solar aviation fuel?
[A] Royal Air Maroc and Air India Sats
[B] Transavia
[C] Swiss International Air Lines
[D] Emirates Group,
Show Answer
Correct Answer: C [Swiss International Air Lines ]
Notes:
Swiss International Air Lines AG (SWISS or Swiss Air Lines) and its parent company, Lufthansa Group have partnered with Switzerland based solar fuels start-up, Synhelion SA (Synhelion) to use its solar aviation fuel. Swiss International Airlines will become the first airline to use solar aviation fuel (“sun-to-liquid” fuel) to help power its flights. SWISS will become the first customer of solar kerosene in 2023.
18. Ilker Ayci, former Turkish Airlines Chairman has been appointed as the MD and CEO of which Indian Airlines?
[A] Spice Jet
[B] IndiGo
[C] Air India
[D] Vistara
Show Answer
Correct Answer: C [Air India]
Notes:
The Tata Group has appointed Ilker Ayci, former Turkish Airlines Chairman, as Air India’s Managing Director and CEO.
The decision is in line with the Tata Group’s plans to appoint an expatriate chief to run Air India, which it took over from the Indian government recently.
19. Which airlines is set to be the first to use sustainable aviation fuel (SAF)?
[A] British Airways
[B] Air India
[C] Qantas
[D] Air Emirates
Show Answer
Correct Answer: A [British Airways]
Notes:
British Airways will become the first airline to use sustainable aviation fuel produced on a commercial scale in the UK after signing the agreement with Phillips 66 Limited.
Sustainable aviation fuel-SAF is a lower carbon-intensity fuel that can be produced from renewable feed-stocks such as waste vegetable oils, fats and greases. It will be supplied to British Airways to power many of its flights from early 2022.
20. SITA, the passenger service system provider of which Indian airlines, faced a massive cyberattack recently?
[A] IndiGo
[B] GoFirst
[C] Spice Jet
[D] Air India
Show Answer
Correct Answer: D [Air India]
Notes:
Air India’s passenger service system provider SITA faced a massive cyberattack recently, leading to leak of the personal data of a certain number of passengers. SITA is based at Geneva, Switzerland.
Data of 4.5 million passengers across the world has been was registered between August 11, 2011, and February 3, 2021, has been affected due to the cyberattack on SITA.
