CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been named as the Fortune’s Business Person of the Year 2016
A
Larry Ellison
B
Larry Page
C
Mukesh Ambani
D
Mark Zuckerberg
Explanation: 

Detailed explanation-1: -Satya Nadella tops Fortune’s Businessperson of the Year list; Ajay Banga, Jayshree Ullal also feature. Banga is ranked 8th, while Ullal comes in at the 18th spot.

Detailed explanation-2: -The number of U.S. companies on the Fortune Global 500 fell to an all-time low in 2019, when only 121 U.S. companies made the list. Saudi Aramco reported the highest profits at $110 billion. Walmart was the top-ranking company on the list for the sixth consecutive year.

Detailed explanation-3: -Today, Fortune is one of the world’s leading business media brands and comprises a multinational monthly magazine, daily website, and conference series. It is owned by Fortune Media Group Holdings Limited, which is wholly owned by Chatchaval Jiaravanon, and published by the Meredith Corporation.

Detailed explanation-4: -History. Fortune was founded by Time magazine co-founder Henry Luce in 1929 as “the Ideal Super-Class Magazine", a “distinguished and de luxe” publication “vividly portraying, interpreting and recording the Industrial Civilization".

Detailed explanation-5: -Ellen McGirt-Senior Editor-Fortune Magazine | LinkedIn.

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