CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Board of BEML in its 362nd meeting has given its approval for signing a MoU with which company to study and plan for initiating a joint venture company?
A
Schneider Electric
B
Mitsubishi Electric Corporation
C
Hitachi Electric
D
Toshiba Electric Corporation
Explanation: 

Detailed explanation-1: -The Board of BEML (formerly Bharat Earth Movers Limited) in its 362nd meeting has given its approval for signing a Memorandum of Understanding (MoU) with MELCO (Mitsubishi Electric Corporation) to study and plan for initiating a joint venture (JV) company between BEML and MELCO.

Detailed explanation-2: -BEML Limited, formerly Bharat Earth Movers Limited, is an Indian Public Sector Undertaking, headquartered in Bengaluru, Karnataka, India. It manufactures a variety of heavy equipment, such as that used for earth moving, railways, transport and mining.

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