This document contains the rules and questions for a business quiz competition. It lists 20 multiple choice questions about business and economics topics. The rules state there are 20 questions worth 1 point each, with questions 5, 10, 15 and 20 being tie-breaker questions. Both parts of two-part questions must be answered correctly unless otherwise specified. There is no negative marking and the top 6 teams will qualify for the finals.

1. BIZZDOM
THE BUSINESS QUIZ
PRELIMS
PRELIMS

2. 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 !!!

3. 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?

4. 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

5. 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

6. Which entity had a clash with HSBC over the rights of using
HSBC? (Think Indian)
Q4

7. Identify the author ?
Q5*

8. 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

9. 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

10. This famous lady is the only woman on an US Dollar bill.
Identify her.
Q8

11. 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

12. What is blanked
out here ?
Q10*

13. 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

14. 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

15. 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

16. 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

17. 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*

18. 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

19. Name the game.
Q17

20. 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

21. 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

22. 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*

23. ANSWERS

24. 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?

25. ANSWER
To reveal the name of the account holder
Swiss banks

26. 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

27. ANSWER
RAJ KUNDRA

28. 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

29. ANSWER
ONE RUPEE NOTE

30. Which entity had a clash with HSBC over the rights of using
HSBC? (Think Indian)
Q4

31. ANSWER
HOTEL SARAVANA BHAVAN
CORPORATION

32. Identify the author ?
Q5*

33. ANSWER
JANET YELLEN

34. 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

35. ANSWER
RESTAURANT

36. 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

37. ANSWER
PEPPERFRY

38. This famous lady is the only woman on an US Dollar bill.
Identify her.
Q8

39. ANSWER
MARTHA WASHINGTON

40. 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

41. ANSWER

42. What is blanked
out here ?
Q10*

43. ANSWER

44. 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

45. ANSWER
TEDDY BEAR

46. 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

47. ANSWER
PAC-MAN DEFENCE

48. 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

49. ANSWER
HANGOVER

50. 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

51. ANSWER
HALWA CEREMONY

52. 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*

53. ANSWER
OLD MONK

54. 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

55. ANSWER

56. Name the game.
Q17

57. ANSWER
SUDOKUBE

58. 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

59. ANSWER
I DON’T GIVE A DAMN

60. 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

61. ANSWER
VILFREDO PARETO

62. 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*

63. ANSWER
Gillette Razor Blade Model

64. SCORES PLEASE !!