CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as the Chairman and Managing Director (CMD) of MOIL Ltd on 1 September 2016
A
Dalip Singh
B
G. P. Kundargi
C
Mukund Chaudhari
D
K.Shivaji
Explanation: 

Detailed explanation-1: -2016. 2. Shri Mukund P. Chaudhari, Director (Finance), has been appointed as Chairman-cum-Managing Director (CMD) of the Company by the Government of India, Ministry of Steel, vide Order No.

Detailed explanation-2: -Shri Ajit Kumar Saxena joins as Chairman-cum-Managing Director of MOIL. Shri Ajit Kumar Saxena assumes charge as Chairman-Cum-Managing Director of MOIL Limited. Prior to this assignment, Shri Saxena held the position of Director (Operations) at RINL-Vishakhapatnam Steel Plant.

Detailed explanation-3: -State-owned MOIL on Friday said Ajit Kumar Saxena has assumed charge as its Chairman-cum-Managing Director (CMD).

Detailed explanation-4: -of India and the State Governments of Maharashtra and Madhya Pradesh and the balance 49% by CPMO. It was in 1977, the balance 49% shareholding was acquired from CPMO and MOIL became a 100% Government Company under the administrative control of the Ministry of Steel.

Detailed explanation-5: -He has expertise in raising Finance, Project Evaluation and Corporate Governance. Ms. Usha Singh is the first Director (HR) of MOIL Limited.

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