CURRENT AFFAIRS

Detailed explanation-1: -The correct answer is Vinod Aggarwal.

Detailed explanation-2: -Vinod Aggarwal appointed ASDC president, Nikunj Sanghi’s 4-year tenure ends | Autocar Professional.

Detailed explanation-3: -The Executive Committee of Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, today elected Mr Vinod Aggarwal, MD & CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as it’s new President for 2022-23.

Detailed explanation-4: -The Automotive Skills Development Council (ASDC), approved by National Skill Development Corporation (NSDC), aims to continually develop and upgrade automotive skills for higher value.

Detailed explanation-5: -Income Distribution cum Capital Withdrawal or IDCW refers to distribution of income of a mutual fund scheme, which may include both dividends paid by stocks and capital gains made by selling underlying stocks from the scheme portfolio.