Bizzdom : The Business Quiz (2015)- Prelims

BIZZDOM

THE BUSINESS QUIZ

PRELIMS

PRELIMS

Rules

▪ There are 20 questions. All questions carry one mark each

▪ Q 5 10, 15, 20 are star marked which will be used for any ties

▪ Both answers are needed for questions with 2 parts, unless specified

▪ No –ve marking

▪ Top 6 teams will be qualified for the Finals

▪ Quizmaster’s decision is final

▪ Happy Quizzing !!!

Q1

Federal Act on Banks and Savings Banks was passed in 1934 in the volatile climate of pre- World War II Europe, after Adolf Hitler and his Nazi Party established a dictatorship in Germany.

What is criminal act according to this law?

Which banks are regulated by this act?

In 1993, Bal Krishan , a Ludhiana based London businessman gave his 18 year old son an ultimatum either to run the family restaurant or to prove himself .

The son with a credit limit of 2000 Pound on his credit card went to Nepal and took Pashmina shawls to Britain and made 20 million pounds in the first year.

Who?

Q2

With a dimension of  9.7 by 6.3 centimetres, it is made of 100 per cent cotton rags.

It will weigh 90 grams per square metre and have thickness of 110 microns.

It will have the bilingual signature of Rajiv Mehrishi.

After a gap of 20 years, what is being re-introduced again in the year 2015?

Q3

Which entity had a clash with HSBC over the rights of using HSBC? (Think Indian)

Q4

Identify the author ?

Q5*

In 1765, A. Boulanger put a sign above his front door stating: “Boulanger débite des ________ divins” with the added Latin invitation translating to “Come to me, those who are famished, and I will give you sustenance”.

What word did he use to describe his institution that has become a generic to describe all such businesses?

Q6

Started on Jan 3, 2012 by Ambareesh Murty and Ashish Shah. Its name is derived from something that is honest and a spice that is ‘proudly Indian’ and a slang word for ‘fun’.

The company embraces Indian talent, craftsmanship and business acumen. Which company did they establish?

Q7

This famous lady is the only woman on an US Dollar bill.

Identify her.

Q8

Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance is the subtitle of a book X by two economists, who are more famous for their earlier book Y, which was number two on The New York Times bestseller list for nonfiction in the year 2006.

Both books explain concepts of pop culture through the applications of solid economic principles(that is strangely ironic) and is also described as “amateur sociology”.

Identify X or Y

Q9

What is blanked out here ?

Q10*

Roosevelt was once invited to a hunting trip. Most of the hunters competing had already killed an animal. A suite of Roosevelt's attendants cornered, clubbed, and tied an animal to a willow tree after a long exhausting chase, called Roosevelt to the site and suggested that he should shoot it.

He refused to shoot it himself, deeming this unsportsmanlike, but instructed that it should be killed to put it out of its misery. It became the topic of a political cartoon by Clifford Berryman in The Washington Post on November 16, 1902.

While the initial cartoon figured an adult animal, later issues of that and other Berryman cartoons made the animal smaller and cuter.

What got its name after this incident?

Q11

This iconic video game character was initially released as something that sounded too similar to a certain English F word , therefore company decided to make a change, ultimately creating the iconic name.

Its creator Toru Iwatani revealed that the character was designed to appeal to women.

It was officially confirmed as the most recognizable video game character by the Guinness Book of World Records.

It is also an economic term, as the so-called term refers to a company that is about to be acquired taking over the hostile company instead.

Identify the game or the economic term

Q12

The French call it "wood mouth," Germans refer to it as "wailing of the cats," Italians call it "out of tune," Norwegians identify it as "carpenters in the head," Spaniards call it "backlash," Swedes refer to it as "pain in the hair roots" .

By what name do most English speakers call it ? 

Q13

Every year the process of printing documents for the Budget begins with the ritual _________ ceremony', which is attended by Finance Minister in the North Block office.

It has been a tradition which has continued for long. As part of the ritual, ___________ prepared in a big 'kadhai' (vessel) and served to the entire staff in the ministry.

Q14

Unlike the infamous Colonel Dyer, his father Ed Dyer is much less known.

He started making a product in India that connoisseurs in the field would have come across, even if they were not aware of the person who started it.

The business is now owned by the Mohan- Meakin group.

What product is this?

Q15*

The deadly Ebola virus is no joking matter in today's circumstances, but in 1995 it was apparently a different story. Few people knew or cared about Ebola, with one exception being Pierre, who for some reason had a fascination with the virus.

When Pierre launched ________ in 1995, it wasn't a site we know it today. It was mostly an assortment of information on things that interested him, with Ebola being high on the list, an "offbeat tribute to the Ebola virus", including a photo of the virus and links to news stories on outbreaks.

How do we better know the site?

Q16

Name the game.

Q17

The Indian currency when the British invaded was the __________. It was worth nothing compared to the pound sterling.

When someone tried to sell a shoddy product to the soldiers they would sometimes respond that they would not even pay a single ______________ for it, kind of like saying “I wouldn't give you two cents for that.” •

What did the corruption of the term lead to?

Q18

The X distribution named after an Italian economist, was originally used to describe the allocation of wealth among individuals since it seemed to show rather well the way that a larger portion of the wealth of any society is owned by a smaller percentage of the people in that society.

It was further used to describe the distribution of income.

This idea is sometimes expressed more simply as the Y principle named after the same economist and popularly as the Z rule.

Identify the economist or the rule.

Q19

Name the business technique involving the sale of dependent goods for different prices – one good is sold at a discount, while the second dependent good is sold at a considerably higher price.

Q20*

ANSWERS

Q1

Federal Act on Banks and Savings Banks was passed in 1934 in the volatile climate of pre- World War II Europe, after Adolf Hitler and his Nazi Party established a dictatorship in Germany.

What is criminal act according to this law?

Which banks are regulated by this act?

ANSWER

To reveal the name of the account holder

Swiss banks

In 1993, Bal Krishan , a Ludhiana based London businessman gave his 18 year old son an ultimatum either to run the family restaurant or to prove himself .

The son with a credit limit of 2000 Pound on his credit card went to Nepal and took Pashmina shawls to Britain and made 20 million pounds in the first year.

Who?

Q2

ANSWER

RAJ KUNDRA

With a dimension of  9.7 by 6.3 centimetres, it is made of 100 per cent cotton rags.

It will weigh 90 grams per square metre and have thickness of 110 microns.

It will have the bilingual signature of Rajiv Mehrishi.

After a gap of 20 years, what is being re-introduced again in the year 2015?

Q3

ANSWER

ONE RUPEE NOTE

Which entity had a clash with HSBC over the rights of using HSBC? (Think Indian)

Q4

ANSWER

HOTEL SARAVANA BHAVAN CORPORATION

Identify the author ?

Q5*

ANSWER

JANET YELLEN

In 1765, A. Boulanger put a sign above his front door stating: “Boulanger débite des ________ divins” with the added Latin invitation translating to “Come to me, those who are famished, and I will give you sustenance”.

What word did he use to describe his institution that has become a generic to describe all such businesses?

Q6

ANSWER

RESTAURANT

Started on Jan 3, 2012 by Ambareesh Murty and Ashish Shah. Its name is derived from something that is honest and a spice that is ‘proudly Indian’ and a slang word for ‘fun’.

The company embraces Indian talent, craftsmanship and business acumen. Which company did they establish?

Q7

ANSWER

PEPPERFRY

This famous lady is the only woman on an US Dollar bill.

Identify her.

Q8

ANSWER

MARTHA WASHINGTON

Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance is the subtitle of a book X by two economists, who are more famous for their earlier book Y, which was number two on The New York Times bestseller list for nonfiction in the year 2006.

Both books explain concepts of pop culture through the applications of solid economic principles(that is strangely ironic) and is also described as “amateur sociology”.

Identify X or Y

Q9

ANSWER

What is blanked out here ?

Q10*

ANSWER

Roosevelt was once invited to a hunting trip. Most of the hunters competing had already killed an animal. A suite of Roosevelt's attendants cornered, clubbed, and tied an animal to a willow tree after a long exhausting chase, called Roosevelt to the site and suggested that he should shoot it.

He refused to shoot it himself, deeming this unsportsmanlike, but instructed that it should be killed to put it out of its misery. It became the topic of a political cartoon by Clifford Berryman in The Washington Post on November 16, 1902.

While the initial cartoon figured an adult animal, later issues of that and other Berryman cartoons made the animal smaller and cuter.

What got its name after this incident?

Q11

ANSWER

TEDDY BEAR

This iconic video game character was initially released as something that sounded too similar to a certain English F word , therefore company decided to make a change, ultimately creating the iconic name.

Its creator Toru Iwatani revealed that the character was designed to appeal to women.

It was officially confirmed as the most recognizable video game character by the Guinness Book of World Records.

It is also an economic term, as the so-called term refers to a company that is about to be acquired taking over the hostile company instead.

Identify the game or the economic term

Q12

ANSWER

PAC-MAN DEFENCE

The French call it "wood mouth," Germans refer to it as "wailing of the cats," Italians call it "out of tune," Norwegians identify it as "carpenters in the head," Spaniards call it "backlash," Swedes refer to it as "pain in the hair roots" .

By what name do most English speakers call it ? 

Q13

ANSWER

HANGOVER

Every year the process of printing documents for the Budget begins with the ritual _________ ceremony', which is attended by Finance Minister in the North Block office.

It has been a tradition which has continued for long. As part of the ritual, ___________ prepared in a big 'kadhai' (vessel) and served to the entire staff in the ministry.

Q14

ANSWER

HALWA CEREMONY

Unlike the infamous Colonel Dyer, his father Ed Dyer is much less known.

He started making a product in India that connoisseurs in the field would have come across, even if they were not aware of the person who started it.

The business is now owned by the Mohan- Meakin group.

What product is this?

Q15*

ANSWER

OLD MONK

The deadly Ebola virus is no joking matter in today's circumstances, but in 1995 it was apparently a different story. Few people knew or cared about Ebola, with one exception being Pierre, who for some reason had a fascination with the virus.

When Pierre launched ________ in 1995, it wasn't a site we know it today. It was mostly an assortment of information on things that interested him, with Ebola being high on the list, an "offbeat tribute to the Ebola virus", including a photo of the virus and links to news stories on outbreaks.

How do we better know the site?

Q16

ANSWER

Name the game.

Q17

ANSWER

SUDOKUBE

The Indian currency when the British invaded was the __________. It was worth nothing compared to the pound sterling.

When someone tried to sell a shoddy product to the soldiers they would sometimes respond that they would not even pay a single ______________ for it, kind of like saying “I wouldn't give you two cents for that.” •

What did the corruption of the term lead to?

Q18

ANSWER

I DON’T GIVE A DAMN

The X distribution named after an Italian economist, was originally used to describe the allocation of wealth among individuals since it seemed to show rather well the way that a larger portion of the wealth of any society is owned by a smaller percentage of the people in that society.

It was further used to describe the distribution of income.

This idea is sometimes expressed more simply as the Y principle named after the same economist and popularly as the Z rule.

Identify the economist or the rule.

Q19

ANSWER

VILFREDO PARETO

Name the business technique involving the sale of dependent goods for different prices – one good is sold at a discount, while the second dependent good is sold at a considerably higher price.

Q20*

ANSWER

Gillette Razor Blade Model

SCORES PLEASE !!