2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC Bank
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State Bank of India
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IDFC First Bank
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ICICI Bank
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Detailed explanation-1: -New Delhi: Honda Motorcycle & Scooter India on Tuesday announced that the company has signed a memorandum of understanding (MoU) for nationwide retail finance partnership with IDFC FIRST Bank.
Detailed explanation-2: -Directors of Honda Motorcycle And Scooter India Pvt Ltd are Vinay Dhingra, Atsushi Ogata, . Honda Motorcycle And Scooter India Pvt Ltd’s Corporate Identification Number is (CIN) U35912HR2001PTC034649 and its registration number is 34649.
Detailed explanation-3: -What is the operating revenue of HONDA MOTORCYCLE AND SCOOTER INDIA PVT LTD? The operating revenue of HONDA MOTORCYCLE AND SCOOTER INDIA PVT LTD is in the range of Over INR 500 cr for the financial year ending on 31 March, 2022.
Detailed explanation-4: -Honda Motorcycle and Scooter India, Private Limited (HMSI) is the wholly owned Indian subsidiary of Honda Motor Company, Limited, Japan. Founded in 1999, it was the fourth Honda automotive venture in India, after Kinetic Honda Motor Ltd (1984–1998), Hero Honda (1984–2011) and Honda Siel Cars India (1995–2012).
Detailed explanation-5: -According to the documents, the company’s sales turnover decreased by just 0.3 per cent to Rs 21,093 crore in FY22. “Despite signs of moderation, FY22 continued to impact business momentum due to challenges arising from both demand and supply side,” HMSI stated in its director’s report submitted to the RoC.