CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state government Signs MoU with Hindustan Unilever Ltd, P & G and ITC to Support Economic Empowerment of Women?
A
Kerala
B
Andhra Pradesh
C
Tamilnadu
D
Haryana
Explanation: 

Detailed explanation-1: -The Andhra Pradesh government on Monday signed a pact with three FMCG companies – Hindustan Unilever Ltd (HUL), ITC and Procter and Gamble (P&G) – for marketing and technology support for economic empowerment of women under two new schemes to be launched soon.

Detailed explanation-2: -HUL vs ITC: The Differences Yet, the market has valued HUL 2.3 times more than ITC. While sales growth of the two companies is similar over a period of 5 years, the Net Profit of HUL has compounded at the rate of 11.5% – significantly higher than the 7.88% of ITC. HUL and ITC are the top FMCG companies in India.

Detailed explanation-3: -HINDUSTAN UNILEVER LIMITED is a Public incorporated on 17-10-1933. It is classified as a Non-govt company and is registered at RoC-Mumbai.

Detailed explanation-4: -HUL is a subsidiary of Unilever, one of the world’s leading suppliers of Food, Home Care, Personal Care and Refreshment products with sales in over 190 countries. Forbes rated HUL as the most innovative company in India and #8 globally.

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