A general economics quiz

2. 1.
• Recently sold to Peugeot for a measly sum, which car brand was named the best taxi
in the world by BBC’s Top Gear in a World Taxi Shootout competition?

3. ANS.
• Ambassador

4. 2.
• On 14th October Dexetra created Iris within eight hours of the launch of ____,
incorporating “a lot of heuristic humor.”
• Fitb for Iris’s biggest rival.

5. ANS.
• Siri

6. 3.
• To promote an upcoming project _____ _______ visited Anupam Kher’s acting school and
even performed the mannequin challenge.
• Identify the visitor and the upcoming project.

7. ANS.
• Arnab Goswami or Republic.

8. 4.
• Varun Agarwal is an Indian first-generation entrepreneur, film maker and author known for his
book How I Braved Anu Aunty and Co-Founded A Million Dollar Company.
• The Million Dollar company he owns partners with educational institutions across India to make
and supply customized sweatshirts to alumni. It is India's largest company for providing
merchandise to students of schools and colleges.
• The name of the company is a common two word term meaning Nourishing Mother in Latin.
• What is the name of the company? (image follows)

10. ANS.
• Alma Mater

11. 5.
• The Banca Monte dei Paschi di Siena (BMPS) was the third largest Italian
commercial and retail bank by total assets until late 2016, when it was the verge of
collapse .
• In December 2016, the Italian government decided to bail out the bank in a multi-
billion dollar deal and thus allowing it to continue to stay on top of a certain list.
• What is the claim to fame of this bank?

12. ANS.
• The Oldest Running Bank in the World

13. 6.
• Two of the brothers are N Srinivasan, group finance director at Murugappa Group
and N Ganapathy Subramaniam, COO of TCS.
• Who is now the most famous of the three brothers?
• What position does he hold?

14. ANS.
• N Chandreshekhar; Chairman of Tata Sons

15. 7. IDENTIFY WHO SWAPPED A WALTHER PPK
FOR PAN BAHAR AND WAS MASSIVELY
TROLLED ON TWITTER?

16. ANS. PIERCE BROSNAN

17. 8.
• The motto of this system is “Stop Spam, Read Books.”
• Some have criticized Google for using _________ as a source of unpaid labor. They say
Google is unfairly using people around the world to help it transcribe books,
addresses, and newspapers without any compensation.

18. ANS.
• Recaptcha

19. 9.
• ‘Other Bets’, a subsidiary of this company, does research on fields that are not
generally known to be revenue generating like self-driving cars and other futuristic
ventures.
• The name itself is a word play on the parent company which is the primary revenue
generating entity.
Name the parent company.

20. ANS.
• Alphabet. Google’s owners.

21. 10.
• Getty Images, the image repository, and ______ ________ together are working on a
project to get 2500 images of women. This is because the amount of stock pictures
for women are very few.
• The name of this project is Lean In.
• So tell me who is partnering Getty Images?

22. ANS.
• Sheryl Sandberg

23. 11.
• Jean Baptiste Colbert was the Minister of Finance in France from 1665 to 1683. He sought to boost the
French economy by supporting luxury industries, creating new manufactories for all things wealthy
people wanted to buy: mirrors, furniture, lace for fashionable clothes etc.
• Heavy embargoes were put on imports and the wealthy were forced to buy local.
• __________ became a showcase for these magnificent products and it really did help the French economy.
However, this grandiose has been cited by historians to be the result of an event to hit France more than
hundred years later.
• FITB for the place and event. (image in next slide)

25. ANS.
• Versailles
• French Revolution

26. 12.
• In Kerala a kind of loan is often referred to as a Blade loan.
• This has also resulted in an underground organisation in the state called the Blade
Mafia.
• What does a shaving equipment figure in financial talk?

27. ANSWER.
• Blade Loans are very high risk loans often given by unregistered moneylenders.
• The method of recovering these loans.

28. 13.
• The top U.S. tobacco company CEOs, testified together before the U.S. Congress during
a hearing on the regulation of tobacco products on April 14, 1994, in which they
collectively denied, under oath, the addictive nature of nicotine.
• This was despite at least one published New York Times report at the time claiming that
it has the ability to be more addictive than heroin, cocaine or amphetamines. (video
next slide)
• What were these top CEO’s collectively called referencing a children’s storylater made to
a Classic Disney movie?

30. ANS.
• The Seven Dwarfs

31. 14.
• Who was bought for 14.5 crores by the Rising Pune Supergiants in the recently
concluded IPL auction?

32. • Ben Stokes

33. 15.
• Which auditing firm last morning apologised for the goof up at the Oscar awards
ceremony and have taken full responsibility?
• Why would an auditing firm apologise? So basically what is the auditing firm’s
connection with the Oscar?

34. ANS
• PriceWaterhouseCooper ; They have been counting, certifying the voting process of
the Academy members for the last 83 years.

35. 16.*
• The first Freedom Bazaar was opened by J Jayalalitha in December 2013 in Puzhal,
a suburb of Chennai. The bazaar sells a wide variety of products from Mysore Paks
to vegetables to fried rice and even vermicompost.
• Who ironically runs Freedom Bazaar?

36. ANS.
• Tamil Nadu State Prisons

37. 17.*
• This is a Bomber jacket.
What was the cause of the sudden spike in sale of Bomber jackets by 40% in 1986-87?

38. ANS. TOM CRUISE IN TOP GUN

39. 18.*
• From this year, tourists will be greeted by the decidedly non-photogenic scaffolding
around the main dome of the Taj Mahal, the procedure is a much-needed step for the
Taj’s preservation.
• While the treatment does absorb dust and dirt from the surface, it is ultimately a
cosmetic process, one that may make the structure look good in the short-term but
doesn’t really fix the real cause of the discolouration.
• What product has been used to purify the Taj Mahal? (image)

41. ANS.
• Multani Mitti

42. 19.*
• The starter set, by chef Walter Kobayashi contains five utensils: two sets of spear-
ended chopsticks (one long pair and one short), a paddle for crushing and scooping, a
fork with tiny tines, and, most intriguingly, a set of extremely precise pincers that fit
over the bearer’s thumb and middle finger.
• He created it after reading about a prediction by a UN report on health and hygiene.
• What is the purpose of these utensils?

43. ANS.
• To eat insects

44. 20.*
• Engine, a marketing firm based in London’s Great Portland Street, had the “edible
elevator artwork” installed as part of an advertising campaign for McVitie’s Jaffa
Cakes.
• The reason to do it was to increase worker satisfaction.
• What was the inspiration of this lift? (image next slide)

46. • Charlie And the Chocolate Factory – Roald Dahl

47. 21.
• In 2011, Guillermo Moreno, Former Secretary of Commerce in the Argentinian
government, a controversial but all-powerful thug-style figure, reportedly forced the
sale of the ____ ____ at an artificially low price to manipulate the country's economic
performance.
• What product did he manipulate?

48. • The Big Mac