1. The document discusses various business, economic and current affairs topics in the form of questions and answers. 2. Questions include identifying a business model charging for time instead of coffee, a person replacing a CEO, interpreting economic indices, identifying brands/products and connecting various facts. 3. Answers identify the Slow Time Cafe business model, Varun Berry replacing Vinita Bali as Britannia chief, interpretations of economic indices like the Hot Waitress Index, brands like Quaker and products like Indian flags.

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Online Prelims Answers – 18th Jan, 2014

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• Why was this trending recently?

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• Instead of charging for coffee, Slow Time Café In
Wiesbaden, Germany is charging for time.
• This particular business model has been trending
recently across Europe.

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• Identify, and why is he in the news recently?

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• Varun Berry, likely to replace Vinita Bali as
Britannia chief

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• The __X__ __Y__ index is visually appealing index that
measures the state of the economy by the
attractiveness of a __Y__. Its based on the
assumption that during a tough economy, more
attractive people are lured to the __Y__ industry
because of its ease of entry, somewhat lax working
environment and the possibility of rapid expansion.
The hands-on nature of the work doesn’t deter
women mainly from this industry. This index comes
into force as attractive women don’t find it hard to
land jobs during better economic times.
• Identify XY.

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• Hot Waitress Index

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• ___X___ or Friends, are members of a family of religious
movements collectively known as the Religious Society of
Friends. Friends' central doctrine is the priesthood of all
believers, a doctrine derived from a verse in the New
Testament, 1 Peter 2:9. Most __X__ view themselves as a
Christian denomination. They include those with
evangelical, holiness, liberal, and traditional conservative __X__
understandings of Christianity.
• Some __X__ have founded banks and financial institutions
including Barclays, Lloyds, and Friends Provident;
manufacturing companies including
Clarks, Cadbury, Rowntree, and Fry's; and philanthropic
efforts, including abolition, prison reform, and social justice
projects.
• To which brand do they lend their name to?

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• Quaker

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• Fill in the two blanks.

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• AIR INDIA; We treat you like cattle

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• The image shows a species of flowering tree in the
family Ebenaceae that is native to India and Sri
Lanka and that has a hard, dry bark. What is the leaf
of this tree used in making of?

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• Beedi

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• KKGSS was founded on November 1, 1957 by a
group consisting of H. A. Pai, Anant Bhat, Jayadev
Rao Kulkarni, B. J. Gokhale, Vasudev Rao and B. H.
Inamdar who wanted to create a federation to cater
to the need and growth of ___ and other village
industries. Another aim of the federation was to
provide employment opportunities to the rural
youth in these sectors.
• ID what product this company makes, of which it
has the sole monopoly in India, and which also sees
a spurt of sales mainly during one particular
period?

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• Indian Flag

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• The word __X__ is a French Law term meaning
"death contract", meaning that the pledge ends
(dies) when either the obligation is fulfilled or the
item under consideration is taken.
• What familiar term is this?

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• Mortgage

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• Identify the brand for which this ad was created.

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• Fevicol

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The ___X___ index, also known as the __Y__ index, is a
measure of income metrics. It is equal to the
portion of the total community income that would
have to be redistributed (taken from the richer half
of the population and given to the poorer half) for
there to be income uniformity.
• What is X, and after which popular character Y is it
named after?

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X – Hoover/Schutz, Y - Robinhood

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__X__
award
11 •InternetAward is anannually for excellence on the
presented
by The International
Academy of Digital Arts and Sciences. Categories
include websites, interactive advertising, online film
and video, and mobile.
• Two winners are selected in each category, one by
members of The International Academy of Digital Arts
and Sciences, and one by the public who cast their
votes during ____ People’s Voice voting.
• The award is one of the older internet-oriented
awards, and was once associated with the phrase "The
Oscars of the Internet."

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Webby Awards

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X is the act of inserting oneself into the field of view
of a photograph, often in order to play a practical
joke on the photographer or the subjects and has
received significant coverage since 2009.

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Photobombing

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Connect

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Whizkids – Ten US army air forces veterans of WW II
who were recruited into Ford and later became
executives.

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Identify the sequence and the company related to it.
Also name its famous movie mugol founder

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The sequence is the change in ownership of
Columbia pictures – from a privately held
company it was bought by Sony and then merged
with Tristar pictures and finally owned by Sony
Pictures Entertainment. The latest Columbia
Pictures logo is shown in the last image.
• Columbia Pictures was created by Harry Cohn, the
last of the movie mogols

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•
•
•
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X, initially, in the mid 90s started wit the business
model of “sell all, carry few”
As its business grew the business model changed to
“sell all, carry more”
In 2006 it started the famous “Fulfillment by X”
program.
Currently its business model is to deliver on the
same day (for US)
Identify X

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Amazon.com

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At the height of the financial crisis, X was about to
take over the dying Y.
• Z too was interested in the deal, but eventually ended
up buying a company with the logo given below.
• After the crisis X resurrected the deal and took over of
Y’s investment banking and capital markets
businesses.
• Identify X,Y and Z

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X – Barclays
• Y – Lehman Brothers
• Z – Bank of America

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Connect.

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Lucent, AIG and Xerox were involved in accounting
scandals

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The concept was introduced in a 2008. After
reaching all-time highs in first quarter of 2013, X
tumbled. Almost seven months later, its dollar
exchange rate is about to reach $500. What are we
talking about?

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Bitcoin (distributed peer to peer digital currency).

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A recent policy change caused the company’s stock
to soar. Which company, and what was the change?

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Goodbaby International Holdings; relaxation of
China’s One Child Policy.

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Connect the companies with the numbers given.

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The number 1 fortune 500 companies from 1955
till now:
• Walmart – 9 years
• Exxon – 13 years
• General Motors – 37 years