Showing questions for August 22, 2025
- Total: 33 questions
Question 21 Aug 22, 2025
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Walmart reported its second-quarter profit for the period ended July 31. What was the company's net income compared to the previous year?
$7.03 billion, up from $4.5 billion a year agoWalmart reported a net income of $7.03 billion (88 cents per share) for the second quarter ended July 31, 2025, significantly higher than $4.5 billion (56 cents per share) in the same quarter the previous year. This increase reflects strong consumer demand for essential goods like groceries despite economic pressures. The company attributed the growth to robust comparable sales in the U.S. and rising e-commerce. Walmart also raised its annual profit and sales outlook, signaling confidence in ongoing consumer spending. The results surpassed analyst expectations, reinforcing Walmart’s role as a key barometer of retail health.
Question 22 Aug 22, 2025
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What is the primary reason SEBI is launching a pilot regulated pre-IPO trading platform?
To replace the unregulated grey market trading during the three-day window between allotment and listingSEBI is introducing a pilot regulated pre-IPO trading platform to curb the rampant speculation and misinformation in the grey market, which operates between IPO allotment and listing. The grey market is rife with rumors, inflated prices, and lack of transparency, leading retail investors to make poorly informed decisions. The new platform aims to provide a transparent, regulated environment with mandatory disclosures for pre-listing trades. SEBI Chairman Tuhin Kanta Pandey emphasized that current pre-IPO information is insufficient for investors. This initiative is seen as a step toward investor protection, though critics argue it addresses only a fraction of deeper pre-IPO malpractices.
Question 23 Aug 22, 2025
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Which company introduced the King Kargo HD, an electric three-wheeler for the cargo segment, priced at Rs 3.85 lakh (ex-showroom)?
TVS Motor CompanyTVS Motor Company launched the King Kargo HD, an electric three-wheeler for the cargo segment, priced at Rs 3.85 lakh (ex-showroom), with a driving range of 156 km. This follows their earlier entry into the passenger electric three-wheeler market with the King EV MAX. Rajat Gupta, Head of Commercial Mobility Business, stated that EVs accounted for about one-third of the 60,000-unit three-wheeler market last year. The company forecasts that EVs will capture 60% of the market by 2030. TVS is also exploring overseas markets and B2B leasing partnerships to expand its reach.
Question 24 Aug 22, 2025
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What key change did OpenAI make to its usage policy regarding military applications a year ago?
It changed from barring military use to allowing 'national security use cases' aligned with its missionA year ago, OpenAI revised its usage policy from completely prohibiting military applications to permitting 'national security use cases' that align with its mission. This shift has raised concerns, especially after reports revealed that the Israeli military uses AI models like Whisper via Microsoft’s Azure platform for intelligence processing and targeting. While OpenAI claims it does not have direct partnerships with militaries, the policy change allows indirect use in national security contexts. Critics argue this opens ethical loopholes, particularly when AI tools may generate false or harmful content. The company now faces scrutiny over accountability and the real-world impact of its technologies.
Question 25 Aug 22, 2025
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How many drones and missiles did Russia launch in its overnight aerial attack on Ukraine, according to the Ukrainian Air Force?
574 drones and 40 missilesOn August 22, 2025, the Ukrainian Air Force reported that Russia launched one of its largest aerial assaults of the year, involving 574 drones and 40 ballistic and cruise missiles. The attack primarily targeted western Ukraine, where military aid from Western allies is stored. It resulted in at least one death and 15 injuries, damaging residential and administrative buildings. Russian forces claimed the strikes hit military-industrial sites, including drone factories and troop集结 areas. This massive attack occurred amid ongoing diplomatic efforts for peace, highlighting Russia's continued aggressive stance.