1) Surge pricing is related to
a. Food grains
b. Sugar
c. Cabs
d. Luxury products
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Answer
Explanation
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ANSWER: Cabs
Explanation:
- The Uber fare rates automatically increase, when the taxi demand is higher than drivers around customers.
- The Uber prices are surging to ensure reliability and availability for those who agree to pay a bit more. You can be notified by the app when the Uber surge pricing goes down again.
- Uber price surging happens often at peak times in the morning and again in the evening rush hours when everyone is heading back from work.
- When the Uber prices are surging, it also encourages more drivers to get back on the road and be able to earn more money. Usually, the Uber surging only last for a few minutes depends on the demand and the amount of available drivers in the customer’s area.
- Many places in India have banned surge pricing like Delhi and Karnataka. The cabs charge even six to seven times the fare under the name of surge pricing.
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2) Which online cab aggregator announced a global partnership with third party platform Alipay?
a. Uber
b. Ola
c. TaxiForSure
d. None of the above
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Answer
Explanation
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ANSWER: Uber
Explanation:
Online cab aggregator Uber has announced a global partnership with third party payment platform Alipay to permit Chinese travellers to get rides through this solution in more than 400 cities, according to companies - Uber riders can avail of the facility through the Paytm platform
- China’s Alibaba and affiliate Ant Financial had picked up the stake in One97 Communications, the parent company of Paytm.
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3) Which taxi aggregator has entered into an agreement with the UP government to create close to 50,000 entrepreneurship opportunities across the state?
a. Meru
b. Ola
c. TaxiForSure
d. Uber
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Answer
Explanation
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ANSWER: Ola
Explanation:
Taxi aggregator Ola has entered into agreement with the UP government to create 50,000 entrepreneurship opportunities across the state. Ola will work with state government to ensure skill development of youth in UP as part of the pact. It will also work with the UP state government to launch personalised mobility solutions like Ola Auto, Ola Shuttle and Ola Share. Ola has also added ride sharing facilities recently in cities like Pune.
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4) Which taxi hailing app has signed an agreement with the Maharashtra government for job creation?
a. Uber
b. Meru
c. Ola
d. TaxiForSure
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Answer
Explanation
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ANSWER: Uber
Explanation:
Taxi hailing application Uber has signed an agreement with the Maharashtra government to create around 75,000 jobs across the Western state. Through the MoU, Uber will focus on training those who are from marginalised sections of society as well as women. This ensures the promotion of fair and equal opportunity for different sectors of the society to earn money as independent entrepreneurs on the platform. MoU was formalised by Uber through Skill Development and Entrepreneurship Department, Government of Maharashtra. Uber was launched in 2009 and is present in over 360 cities in more than 65 nations across the world.
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