CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company won Deming Prize for 2018?
A
Indus Towers
B
Ashok Leyland
C
Larsen and Toubro limited
D
Birla Cements
Explanation: 

Detailed explanation-1: -NSK Ltd . (NSK; Headquarters: Tokyo, Japan; President and CEO: Toshihiro Uchiyama) is proud to announce that NSK Group company Rane NSK Steering Systems Pvt. Ltd. (Rane NSK; Headquarters: Tamil Nadu, India; Chairman: Lakshminarayan Ganesh) has been awarded the 2018 Deming Prize*.

Detailed explanation-2: -Srinivasan becomes the first industrialist from India to be bestowed this award for his contributions in the field of total quality management (TQM), TVS Motor Company said in a statement. The Deming Prize is sponsored by Japanese Union of Scientists and Engineers (JUSE).

Detailed explanation-3: -Tata Steel is the first integrated steel company in the world, outside of Japan, to win the Deming Grand Prize. The Deming Prize is considered to be the highest award in the area of Total Quality Management. Winning the 2012 Deming Grand Prize is a testimony to our ongoing efforts at achieving excellence in business.

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