Business quiz prelims and finals-2018

Business Quiz
Prelims
Researched and conducted by
George Kakkuzhiyil
geomj23@yahoo.com

Rules
• 20 questions, 25 points.
• No negatives
• Questions 11-15 are star marked and will be considered in case
of tie.
• Questions 16-20 have two parts. Each part carries 1 point each.
Each question carries 2 points.
• Top 6 teams in the final.
• Quiz master’s decision is final

Salvator Mundi is a painting of Christ as Salvator
Mundi (Latin for Savior of the World) by Italian
artist Leonardo da Vinci.
It is one of fewer than 20 known works by
Leonardo, and was the only one to remain in
private hands. It was sold at auction by Christie's
in New York to Prince Badr bin Abdullah bin
Mohammed Al Farhan on behalf of the Abu Dhabi
Department of Culture & Tourism on 15
November 2017, for $450.3 million, setting a new
record for most expensive painting ever sold.
Where can you see this painting now?
1.

Described by The Economic Times as "Pied Piper of Indian bourses”,
he is credited as one of the producers of English Vinglish, Shamitabh
and Ki & Ka.
As per Forbes, he is the 53rd richest person in India, with net worth of
USD 2.4 Billion (as on July 2017).
Name him.
2.

Bajaj Allianz Life came up with their new advertisemetn on their latest
announcement of one-time special bonus for their policyholders. The
advertisement features an unusual celebrity dancing to Bajaj Allianz
Life’s new jingle ‘Samjho Ho Gaya’ that captures the essence of the
brand’s new philosophy ‘Life Goals. DONE.’
Chief Marketing Officer of Bajaj Allianz, Chandramohan Mehra
professed the strategy to use this person in their ad and said, “-------
evokes our brand values of optimism, confidence, and youthfulness. The
idea emanates from our belief that life insurance is about enabling our
policyholders to live life to the fullest and help them achieve their life
goals.“
Who is the new spokesperson for Bajaj Allianz Life?
3.

'Daboo Uncle'
'Dancing Uncle' Sanjeev Shrivastava

Founded by Manek N Daruvala, Pramod
Kumar and P Viswanath in 1992, this
institution today operates out of 248 offices
located in 117 towns and cities across the
country. Over 40 IIT/IIM graduates form part
of the core team of this institution.
Identify the institution.
4.

Nusr-Et is a chain of Turkish steak houses founded by Nusret Gökçe. It
has now presence in Istanbul, Dubai, Abu Dhabi, Doha, Miami and New
York.
Nusret Gökçe, a trained butcher and chef, is very famous for his
cooking style.
How do we know him better?
5.

Which Indian company made all these acquisitions last year?
6.

Start-up firm, Coorg Consolidated Commodities (CCC), has come up
with this luxury good which is being sold under the brand name
Ainmane. CCC saw the potential of producing this product, thanks to
the geography of Coorg. They are the only manufacturer and seller of
this product in India.
This product is produced mainly on the islands of Sumatra, Java, Bali
and Sulawesi in the Indonesian Archipelago and Philippines.
What product?
7.

Situated on Mount Lee, a part of Griffith Park, this was originally
created in 1923 as an advertisement for a local real estate development,
but due to increasing recognition and symbolism, it was left up. It has
been a frequent target of pranks and vandalism across the decades, but it
has since undergone restoration, including the installation of a security
system to deter vandalism. It is now protected by a trust.
Identify this iconic structure.
8.

This publishing house was founded in 1908 by Gerald Rusgrove -----
and Charles ---- as a general fiction publisher, although their first book
was, prophetically, a romance. The company moved towards escapist
fiction for women in the 1930s.
The brand became so strong that in 1997 the Oxford English Dictionary
added ----- - ---- to its esteemed canon - meaning, ‘romantic story
book’.
Identity this publishing house which is now owned by
British publisher Harlequin UK Ltd?
9.

----- is the term for a wide assortment of drinks, both non-alcoholic
and alcoholic, generally containing fruit or fruit juice. The drink was
introduced from India to the United Kingdom in the early seventeenth
century, and from there its use spread to other countries. It is typically
served at parties in large, wide bowls, known as ----- bowls.
The word ----- is a loanword from Sanskrit referring to the number of
ingredients in the drink originally made.
What is the word?
11**.

Punch
The drink was originally made with five
ingredients: alcohol, sugar, lemon, water,
and tea or spices

12**.
Founded in Allahabad in 1865 by George Allen, an Englishman, this is
the second oldest Indian English news paper which is still operational.
Author Rudyard Kipling (1865-1936), in his early 20s, worked at the
newspaper office in Allahabad as an assistant editor from November
1887 to March 1889.
Dr Chandan Mitra, former Rajya Sabha MP, is the current editor and
managing director of this newspaper.
Which newspaper?

Blastar is a BASIC-based video game created by this self-taught
computer programmer when he was 12. He sold it to a magazine
called PC and Office Technology, for approximately $500. A web version
of the game is available online.
Identify this programmer who is a multi-billionnaire now.
13**.

The logo of this bank is a continuity from their erstwhile logo which
was a unique picture of a coconut tree. The current logo can be seen as
two hands clinging to a strong pillar in the middle. The pillar
represents the organisation, the upper hand represents customers and
the lower hand symbolizes the staff members. The logo forms the first
letter in the name of the bank.
Their corporate colour is Cardinal Red. Red represents energy,
creativity, warmth and love.
Which bank’s logo?
14**.

a) A ------ --------- is an agreement between a company and an
employee (usually upper executive) specifying that the employee
will receive certain significant benefits if employment is
terminated.
b) ------ ---------, refers to financial allurements and benefits that have
the objective to encourage highly compensated employees to
remain within a company or organization instead of moving from
company to company.
16.

a) Golden Parachute
b) Golden Handcuff

------ Entertainment is an American film and television production
company founded by a Hollywood director and producer, and film
producers Kathleen Kennedy and Frank Marshall in 1981. The company
is named after the first commercial movie of this director.
The logo of the company is an illustration of an iconic scene from a
movie of this director which had won 4 academy awards. The logo
features a kid and a cycle among other things.
a) Name the production company?
b) Who is the director?
17.

X is a word which is derived from a Japanese word meaning “great lord
or prince”, a title of shogun in Japan. They used it when addressing
foreigners, in an effort to communicate the importance of the shogun —
a hereditary commander-in-chief in feudal Japan. (Because of the
military power concentrated in his hands)
Y is a variant of the word Mongol, which we often use to refer to the
empire once led by the famous (or infamous) Genghis Khan. His
Dynasty conquered India in the 16th century, and remained in power for
hundreds of year. As a result, the word Y became synonymous with
"leader" or "ruler.“
Words X and Y are used in business to mention people of great wealth
and power. Identify X and Y?
18.

He is perhaps the world's greatest spender on luxury yachts, and always
maintains a fleet of yachts which the media have called
“----------‘s Navy. He owned yachts like Luna, Le Grand Blue, Ecstasea,
Sassuro, Pelorus etc. He currently owns Eclipse, a 162.5 metres long
yacht, the world's second largest privately owned yacht.
a) Identify the billionnaire businessman.
b) What is his prized possession in London which he manages under
Millhouse Capital, his asset management company?
19.

a) Roman Abramovich
b) Chelsea FC

a) What are white label ATMs’?
b) What are Brown label ATMs’?
20.

a) White label ATM: ATMs operated by non-banking institutions
b) Brown label ATM: ATMs run by third parties on behalf of a bank

Round I
• Dry round, 12 questions, clockwise
• Infinite pounce +10/-10
• Bounce +10

The International Finance Corporation (IFC), a World Bank-backed
development institution, in September 2014, issued a rupee-
denominated onshore debt instrument(bond), becoming the first
institution to do so. The bond issue raised around Rs.600 crores which
was invested in infrastructure development in India.
What are these kind of bonds called?
1.

Stephen King sells the right to some of his short stories for only $1. He
calls them ‘Dollar Babies’. There are 31 such ‘dollar babies’ available
now.
What is the reason behind such a deal?
2.

So that students and aspiring filmmakers or theatre
producers can adapt one of his short stories for $1

Little Brownie Bakers (LBB), a
subsidiary of Keebler, which is owned
by Kellogg's; and ABC Bakers, a
subsidiary of Interbake Foods, which is
owned by George Weston Limited are
the only to licensed makers of this
product.
The product is sold more than 200
million units a year.
Identify the product.
3.

This billionaire businessman has
unsurprisingly been a Trekkie since he
was a kid, and he fulfilled a “bucket
list” dream by making a cameo as a
reptile looking alien in 2016 movie,
“Star Trek Beyond”.
Identify the businessman.
4.

The ----- ---- index is conceptually one of the simplest measures of
inequality used in econometrics. It is equal to the portion of the total
community income that would have to be for the society to live in perfect
equality.
Bloomberg created an Index to see how many days could the government
keep running if the richest person of each country was paying for it.
Cyprus’s richest man, John Fredriksen, could keep his government running
for 441 days where as Mukesh Ambani can run Indian government for 20
days.
Which index?
5.

----------- is a transition to an economic system where agents exchange
under-utilised capacity of existing assets or human resources (typically
through a website or software platform), while incurring only low
transaction costs.
verb (transitive):
to subject (an industry) to a business model in which services
are offered on demand through direct contact between a customer and a
supplier, usually via mobile technology.
What is the word?
6.

As part of the new brand identity, this company unveiled a new logo in
May, 2017.
The new logo represents the way the company “connects the dots” for
its clients: integrating deep technology and domain expertise, applying
insights from across industries, and consistently delivering world-class
integrated, end-to-end capabilities and services. The logo also highlights
company’s strong technology heritage and reflects its capabilities for the
future.
The styling of the brand mark gives it a sense of fluidity,
resourcefulness, optimism and a connected world.
The individual elements in the logo represent ideas, insights,
technologies, industries and geographies.
The four circles represent the Company Values, Employees, Clients &
partners, and Communities. The blue of the word mark creates a sense of
reliability and authority.
Which company?
7.

Ben & Jerry’s came up with an interesting campaign in Australia to
support same sex marriage last May. The campaign ran till December till
the Australian Government legalised same sex marriage. Ben& Jerry’s
ended the campaign with distributing free scoops of ice creams.
What was this interesting campaign?
8.

Ban on ordering two scoops of same flavour

X has existed, more or less unchanged, since 1935 when they were
launched as Rowntree’s Chocolate Crisp. It was soon renamed X after
the X Club, a famous London political club of the 18th century.
The colour scheme and first flavour variation to the brand came in 1942,
owing to World War II, when food shortages prompted an alteration in
the recipe. The flavour of X was changed to dark chocolate; the
packaging abandoned its Chocolate Crisp title, and was adorned in blue.
After the war the title was altered to X and resumed its original milk
recipe and red packaging.
Identify X.
9.

James Wilson was a Scottish businessman,
economist.. He founded The Economist weekly and
the Chartered Bank of India, Australia and China,
which merged with Standard Bank in 1969 to
form Standard Chartered.
He was sent by Queen Victoria to India in 1859 to sit
as the financial member of the Council of India to
remodel India's finance system after the Rebellion of
1857. However, he was in office only a year before
he died.
What did he contribute to the Indian economic
system which was introduced in 1860?
10.

"That'll do nicely" –
American Express
11.

Martin-Baker Aircraft Co. Ltd. is a British company in the field of
aviation. The company's origins were originally as an aircraft
manufacturer before becoming a pioneer in a particular field.
Air forces of 93 countries worldwide uses their product, making
company the largest manufacturer of that product in the world. The
company claims that the product has saved more than 7500 lives.
What is the product?
12.

Round II
• Written round, 8 questions
• 5 points for each question. Bonus 10 points if
you get all right answers

• Questions on personal brands of celebrities.
• Logos will be given. Identify the celebrity.
• For example:

Round II
• Dry round, 12 questions, anti-clockwise
• Infinite pounce +10/-10
• Bounce +10

Renard series are a system of preferred numbers proposed in 1877 by French
army engineer Colonel Charles Renard. Renard's system of preferred numbers
divides the interval from 1 to 10 into 5, 10, 20, or 40 steps.
In industrial design, preferred numbers (also called preferred values or
preferred series) are standard guidelines for choosing exact product dimensions
within a given set of constraints. Product developers must choose numerous
lengths, distances, diameters, volumes, and other characteristic quantities.
Many countries including India use Renard series in determining certain
sequence of values. They use the 1:2 or 1:2.5 between adjacent values in the
sequence. So one value in the sequence will be twice or two and a half times of
the preceding value.
India had a missing link in this sequence which was filled in last August.
Where do this variation of Renard series applied and what was the missing
link?
1.

The optimal system of denominations of currency.
The ratio works out to be 1:2, or 1:2.5 between adjacent
denominations, which means the
next currency denomination should be twice or two and a half
times of the preceding one. This is also closest to the rule of
powers of three that a central bank can follow. And hence, after
Rs 100 notes, there should be a Rs 200 note, a logical but
missing link.
With the introduction of new notes, India will have
denominations of Rs 1, 2, 5, 10, 20, 50, 100, 200, 500 and
2000.

The man in the picture is Tatsuo Horiuchi, 77 year old Japanese artist. He
uses a unique technique of painting earned him a nickname
“Michelangelo of --------- -----”.
What technique does he use in painting?
2.

The ---- -- ----- -------- index is an index created by Simeon Djankov at
the World Bank Group. The academic research for the report was done
jointly with professors Oliver Hart and Andrei Shleifer. Higher rankings
(a low numerical value) indicate better, usually simpler, regulations for
businesses and stronger protections of property rights.
Current rankings as per this index is given below.
1- New Zealand
2- Singapore
3- Denmark
4- South Korea
5- Hong Kong
6- United States
100- India
Identify the index.
3.

“As tall as five apples, and as heavy as three, X is a bright little girl with
a heart of gold. She loves to bake cookies and play the piano, and
dreams of one day becoming a pianist or maybe even a poet. She has a
gift for music and English, and a soft spot for Mama’s apple pie. She
and her twin sister are the best of friends.” --- This statement by Sanrio,
a Japanese company, shook many and created a storm in social media. It
revealed that X is a girl and not what everyone thought it to be.
Identify X, the famous creation from Sanrio which is their largest
contributor of profit.
4.

Apple Corps Ltd (informally known as Apple) is a multi-
armed multimedia corporation founded in London in
January 1968. Its chief division is Apple Records, which
was launched in the same year. Other divisions included
Apple Electronics, Apple Films, Apple Publishing and Apple
Retail.
In 1978, Apple Records filed suit against Apple
Computer (now Apple Inc.) for trademark infringement. The
suit was settled in 1981 with the payment of $80,000 to
Apple Corps. As a condition of the settlement, Apple
Computer agreed to stay out of the music business.
Who founded Apple Corps Ltd?
5.

The ‘spokesanimal’ of this company, which started as Children’s
Bargaintown was named Dr. G. Raffe. He was famous for saying things
like, “-------” a quote that paved the way for the future of the company.
The company later renamed to that quote and Dr. G. Raffe became
Geoffrey the Giraffe.
Name the company represented by Geoffrey.
6.

This brand been using colonial ships in its
business ever since its inception. The
original ships used were the Grand Turk
and the Friendship. Later it used ships like
Wesly, Sooloo, Salem, Recovery,
Propontis, Maria Theresa, Mt. Vernon,
Magic, Hamilton, Flying cloud, Brig.
Experiment, Essex, Birmingham,
Columbia, Ariel and 12 Metre Racing
Sloop.
Which brand are we talking about?
7.

In 1885, Tsar Alexander III commissioned one Russian jewellery firm, House
of ------- to make an Easter egg as a gift for his wife, the Empress Maria
Fedorovna. Its "shell" is enamelled on gold to represent a normal hen’s egg.
This pulls apart to reveal a gold yolk, which in turn opens to produce a gold
chicken that also opens to reveal a replica of the Imperial Crown from which
a miniature ruby egg was suspended.
The tradition of the Tsar giving his Empress a surprise Easter egg from Carl -
------, designer of this easter eggs, continued. From 1887, it appears that Carl
was given complete freedom as to the design of the Imperial Easter eggs as
they became more elaborate. According to the ------- Family tradition, not
even the Tsar knew what egg form they would take: the only stipulation was
that each one should contain a surprise. The House of ------- completed 50
Imperial eggs for Russian emperors for gifting to empresses.
The eggs are known by the name of this firm. They have become symbols of
the splendour, power and wealth of the Romanov dynasty and the Russian
Empire, priceless treasures to hunt, steal, etc
Name the firm.
8.

House of Fabergé
Fabergé eggs

OutKast is an American hip hop duo formed in 1991, composed of
Atlanta-based rappers André "André 3000" Benjamin and Antwan "Big
Boi" Patton.
Their Grammy award winning track "Hey Ya!“ became a big
commercial success.
The song had a lyric “ shake it like ------- -------”, mentioning an
iconic product of a company. The line became a popular phrase.
The company mentioned in the line later came up with a statement that
“shaking or waving can actually damage the product”.
Name the company or fill in the blanks.
9.

The Trojan Room coffee pot was a coffee
machine located next to the so-called Trojan
Room in the old Computer Laboratory of
the University of Cambridge, England.
To save people working in the building the
disappointment of finding the coffee machine
empty after making the trip to the room, they
provided live images of the coffee pot to everyone
in the lab through internet.
What famous creation was inspired by this coffee
pot experiment?
10.

The label on ------------ bottles features a
glowing Christian cross seen between the antlers of
a stag, taken from this picture. This image is a
reference to the two Christian patron saints of
hunters, Saint Hubertus and Saint Eustace, both of
whom converted to Christianity after experiencing
a vision in which they saw a Christian cross between
the antlers of a stag.
The original distiller of this drink was an enthusiastic
hunter. The name when literally translated means
“Hunting Master”.
Name the brand.
11.

Gammon India Limited is one of the largest civil
engineering construction company in India. Headquartered
in Mumbai, it was founded in 1922 by John C. Gammon.
Gammon have built the largest number of bridges in the
Commonwealth region. Its other notable constructions
include India's first cable-stayed bridge at Akkar, Sikkim,
the longest railway tunnel in Asia for Konkan Railway,
Mahatma Gandhi Setu spanning the river Ganges,
between Patna and Hajipur in Bihar, India's first second-
generation nuclear reactor Prototype Fast Breeder
Reactor at Kalpakkam etc.
Gammon was the first constructor to do precast reinforced
concrete piling job in India. Which iconic structure was
made thus in 1919?
12.

Thank You
George Kakkuzhiyil
Email- geomj23@yahoo.com

Business quiz prelims and finals-2018

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