The document describes the preliminary rounds for an IPL quiz competition, which includes: 1) Round 1 is a 30 question multiple choice quiz with points awarded for correct and incorrect answers. The team with the highest score will qualify directly for the IPL auction. 2) Round 2 consists of 10 riddles related to IPL teams and players. Teams have 1 minute to answer each riddle and are awarded points. 3) The team with the highest combined score from both rounds will have their choice of team for the IPL auction.