- X refers to Amartya Sen, a famous Indian economist known for his work on welfare economics and theories of famines. He established the Institute for Liberty and Development in Peru which helped undermine the Maoist Shining Path movement.

1. ECO-BIZ QUIZ 2012
PRELIMS

2. ●
X is a historian most noted for his book on financial history “The
Ascent of Money” which was also presented as a television series
for Channel4. He is also the William Ziegler Professor of Business
Administration at Harvard Business School.

3. ●
This is a method of statistical sampling first proposed by X, Y and
Z and is named after W where Y’s uncle would borrow money to
gamble? Simply solve for W.

4. ●
Literally meaning let it be, it summarizes the belief that the
ecomomy functions best when there is no interference by the
government in the functioning of the economy, including
restrictive regulations, taxes, tariffs and enforced monopolies.

5. ●
X is a spirit whose name is derived from a Sanskrit word meaning
froth.It traditionally contains about 42% alcohol and is described
as a clear liquid with a golden brown tint.The state of Y in India
has registered for a geographical indicator that would allow
producers in the region the sole right to term the their produce ‘X’.
Popular brands include “Cashyo's” ,“Big Boss” and“Reals”

7. ●
Tarakasur, a rakshasha was blessed that he could be killed by none
other than Lord Shiva's son. Parvati performed tapasya (or
spiritual penance) to win the love of Lord Shiva. Consequently,
Shiva and Parvati's son Kartikeya was born and killed Tarakasur to
restore the glory of Indra, the king of Gods. This is a summary of
the story of which of the five mahakavyas.

8. ●
The word X is actually an amalgamation of two words, Y, referring
to a region, and Z which in legal terms indicates sexual intercourse
between two unmarried adults, and was originally used to denote
the haphazard development of land brought on by immigration
from the region Y. It has since been used as the title for an album
that was ranked no. 399. on the list of 500 greatest albums of all
time by Rolling Stone magazine.

9. ●
The product X is marketed as a syrup and was developed by
Hakim Abdul Majid and first introduced in 1907 by the company Y.
It has a number of ingredients that range as widely as poppy
seeds, spinach, rose petals and even a foot luffa. Y is no longer a
company but two non profit charities with the same name, one
headquartered in Delhi and the other in Karachi, together
amongst the largest producers of Ayurvedic medicines in the
world.

10. ●
X is a geographical feature in Asia that seperates the basins of the
Kabul and the Helmand Rivers from that of the Amu Dariya. It is
the world’s geographical centre of population. It is also unique for
being the meeting point of Greek, Islamic and Subcontinental
Cultures. Its name literally transalates to ‘Dark Man Killer’.

11. ●
X-economics is a term which was first proposed by Kenneth Arrow
in 1987 to describe analysis of the economic and business
principles underlying the development and deployment of
indiviadual products and systems. The word X comes from the
greek word meaning dwarf and is also used to describe a level
below the traditional micro-economics.

12. ●
Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers
Should Buy Life Insurance is the subtitle a book by the economist
Y, who is more famous for his earlier book Z,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”

13. ●
This Peruvian economist is famous for his book “The Mystery of
Capital: Why Capitalism Triumphs in the West and Fails
Everywhere Else. He established the Institute for Liberty and
Development and its policies helped in undermining the Maoist
guerrilla movement known as The Shining Path. Picture next slide.

15. ●
“Higher interest rates will lead to lower inflation, X”, say
economists which means that they will stand by their prediction
about inflation only if nothing else changes apart from the rise in
the Interest rate. The phrase X is a Latin phrase meaning all others
things kept constant.

16. ●
X is a retail brand operated as a joint venture between Bharti
Retail and Wal Mart,headed by Rajan Bharti Mittal, that opened its
first store in Ludhiana in 2008. It has since expanded to a total of
120 outlets in various cities.

17. ●
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.

18. ●
The logo is an image of a "twin-tailed siren", dangerous creatures,
portrayed in Greek Mythology as seductresses who lured nearby
sailors with their enchanting music and voices to shipwreck on
the rocky coast of their island.

20. ●
When the gains made by winners in an economic transaction
equal the losses suffered by the losers, it is called an X game. An
unbiased Random walk is equivalent to the X game, as the particle
undergoing random motion remains at the same place on average.

21. ●
X is a script developed in the 14th century by combining the
existing Y and Z scripts by the noted calligrapher Mir Ali Tabrezi.
It is now used to write among other languages, Saraiki, Pushto
,Dari, Uzbek, Turkoman and Hindko.

22. ●
X referred to a type of clay used for making various household
objects such as jars. People often saved money in kitchen pots and
jars made of X, called "X jars". By the 18th century, the spelling
had changed and it came to be known by Y.

23. ●
X is a famous person in Delhi University, although he passed away
20 years ago. Elected from a constituency now infamous for illegal
mining and having previously been the University’s Vice
Chancellor,he served as Union Minister for Education in 1971 and
also established three noted institutions of social science research
which are now an integral part of Delhi University: the Delhi
School of Economics, the Institute of Economic Growth and the the
Institute for Social and Economic Change.