APPOINTMENTS
CEO / MD
Alexander George Assumes Role of Managing Director at Muthoot Finance
Muthoot Finance Limited has appointed Alexander George as its new Managing Director.
He steps into the leadership role succeeding George Alexander Muthoot, who transitions into the position of Executive Vice Chairman.
This organizational realignment aims to reinforce operational strategy and corporate governance across the firm's non-banking financial operations.
Exam Perspective: Leadership changes in major Systemically Important Non-Banking Financial Companies (NBFCs) are frequently tested in banking awareness papers.
He steps into the leadership role succeeding George Alexander Muthoot, who transitions into the position of Executive Vice Chairman.
This organizational realignment aims to reinforce operational strategy and corporate governance across the firm's non-banking financial operations.
Exam Perspective: Leadership changes in major Systemically Important Non-Banking Financial Companies (NBFCs) are frequently tested in banking awareness papers.
Key Facts / Static GK
Muthoot Finance Established: 1939
Muthoot Finance Headquarters: Kochi, Kerala
Muthoot Finance Headquarters: Kochi, Kerala
Practice Quiz — 7 August 2026
Q1. What was the total transaction value processed by UPI in July 2026?
Answer: (D) ₹29.88 lakh crore — In July 2026, UPI set a monthly record by processing 23.66 billion transactions worth ₹29.88 lakh crore.
Q2. What is the mandatory Compressed Biogas (CBG) blending target for City Gas Distribution entities for FY 2026–27 under the GOBARdhan scheme?
Answer: (C) 3% — Under the CBG Blending Obligation (CBO), City Gas Distribution entities must achieve blending targets of 3% in FY 2026–27, 4% in FY 2027–28, and 5% from FY 2028–29 onwards.
Q3. Which division within NITI Aayog formulated the report titled 'Reimagining Care: Strategies for Empowering Caregivers in Viksit Bharat@2047'?
Answer: (B) Social Justice and Empowerment Division — The report was formulated by the Social Justice and Empowerment Division of NITI Aayog through extensive stakeholder consultations and field studies.
Q4. How much Central Assistance was released to Uttar Pradesh between FY 2019-20 and FY 2025-26 under the SC/ST atrocity prevention scheme?
Answer: (C) ₹747.17 crore — A total Central Assistance of ₹747.17 crore was released to Uttar Pradesh during the 2019-20 to 2025-26 period to strengthen enforcement mechanisms and provide victim relief.
Q5. Which of the following statements regarding the Global Biofuel Champion Fellowship (GBCF) is correct?
Answer: (C) It includes two Indian researchers, Ruchi Agrawal and Abhisek Sahoo. — The inaugural GBCF cohort selected 15 researchers globally including two Indian scholars: Ruchi Agrawal (TERI) and Abhisek Sahoo (IIT Delhi). Each fellow gets a $15,000 grant for a 2-year tenure.
Keep Learning with PrepZen
Get daily current affairs, live mock tests, mistake bank, vocab builder & more — all free on your phone.
More from APPOINTMENTS
- Air India Selects Aviation Industry Veteran Tewolde Gebremariam as Chief Executive Officer and Managing Director
- Cabinet Approves Tenurial Extension for Cabinet Secretary T. V. Somanathan and Home Secretary Govind Mohan
- ACC Sanctions Top Diplomatic and Multilateral Representation Roles at IMF, ADB, and ICAO
- A. S. Rajeev Takes Charge as Acting Central Vigilance Commissioner
- Bandhan Bank CFO Rajeev Mantri Resigns from Executive Position