Jio Platforms Appoints Dan Bailey as President of International Business
In his new role, Bailey will report directly to Akash Ambani, the Chairman of Reliance Jio Infocomm Limited.
He will also join the Executive Committee of Jio Platforms, contributing to global strategy and international operations.
The appointment reflects Jio’s ambition to expand its digital and telecom services beyond the domestic Indian market.
Significance: Hiring a high-profile international banking executive signals Jio’s focus on global digital infrastructure and cross-border partnerships.
Key Facts / Static GK
Chairman of Reliance Industries: Mukesh Ambani
Q Practice Quiz — 7 March 2026
1. Which index will serve as the base for the new derivatives approved by SEBI for the Bombay Stock Exchange in March 2026?
Explanation: SEBI has approved BSE to launch derivative contracts specifically on the Sensex Next 30 index, which tracks the next 30 largest and most liquid companies in the BSE 100 that are not in the Sensex 30.
2. Who has been appointed as the Brand Ambassador for SBI General Insurance's 'Chuniye Bharosa, Apno Sa' campaign?
Explanation: As part of the 'Chuniye Bharosa, Apno Sa' campaign, SBI General Insurance appointed actor Pankaj Tripathi as its Brand Ambassador to strengthen brand recall and trust.
3. Regarding the 'YES Essence Women’s Salary Account', which of the following statements is/are correct? I. It offers a ₹5 lakh top-up health cover. II. It provides 5% cashback on the Elegance Debit Card up to ₹10,000 annually. III. The minimum age for eligibility is 18 years.
Explanation: Statements I and III are correct. Statement II is incorrect because the cashback limit is ₹6,000 annually, not ₹10,000.
4. From which date has IRDAI proposed the mandatory adoption of Indian Accounting Standards (Ind AS) for all insurers?
Explanation: IRDAI has proposed that all categories of insurers in India adopt Indian Accounting Standards (Ind AS) effective from April 1, 2026.
5. What regulatory change by SEBI in December 2025 facilitated EPFO's investment in the Raajmarg Infra InvIT (RIIT) IPO?
Explanation: In December 2025, SEBI expanded the definition of 'strategic investors' to include Pension funds and Provident funds, which enabled EPFO to participate as a strategic investor in the RIIT issue.
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