CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is the first two-wheeler company to cross the market capitalization of one crore rupees?
A
HERO
B
HONDA
C
BAJAJ
D
NONE
Explanation: 

Detailed explanation-1: -Bajaj Auto has become the first two-wheeler company in the world to cross a market capitalization of Rs 1 lakh crore, making it the most valuable two-wheeler maker.

Detailed explanation-2: -Bajaj Auto has sold 1, 25, 854 units of two wheelers in December 2022 and has market share of 11.11%.

Detailed explanation-3: -About Bajaj Auto The company is also the world’s largest manufacturer of three-wheelers. Bajaj Auto is the first two-wheeler company in the world to have reached a market cap of INR one trillion and continues to be the world’s most valuable two-wheeler company.

Detailed explanation-4: -The company, which currently has a 32% share of the total two-wheeler market which includes 47% of the motorcycle market and 6% of the scooter market, has reported year-on-year growth of 20% in the festive period.

There is 1 question to complete.