THE FINQUIZ OF
D-42 (PART 1)
BEST OF NSE FINQUIZ PREP.
RULES
• +10/0 on the bounce and +20/10 on the pounce in every
question.
• There is no civilized/uncivilized pounce.
• Blanks indicative nowhere.
• Good Luck!
— Dave Ramsey
YOU MUST GAIN CONTROL
OVER YOUR MONEY, OR THE
LACK OF IT WILL FOREVER
CONTROL YOU.
”
“
QUESTION 1
• The book compiled
comprehensive
information about the
financial and
operational state of US
railroad companies
providing essential
insights into the
railroad industry and
helps investors leverage
that intelligence into
smart investment
decisions. The question
is, who published this
book?
ANSWER 1
• Henry Varnum Poor of Standard & Poor’s
QUESTION 2
• Reunion Island, a French territory in the Indian Ocean
and the most prosperous island in the region was lastly
in the news regarding the findings of the wreckage of
MH370.
• However, it came into public prominence in early 2002,
when the mayor of the island initiated a purchase of a
kilo of lychees at a local market. The normal shopping
event was however telecasted live on national
television and also received attention in international
media.
• What was special about the purchase?
ANSWER 2
• It was the first cash sale in Euros.
QUESTION 3
• Connect the following to something in finance:
1. Asian
2. Tatra
3. Celtic
4. Baltic
+15/+25(-15)
ANSWER 3
• Inspired by the names of tigers, these terms determine
powerful economies in these regions during different
periods of time.
• Asian - HK, Singapore, South Korea, Taiwan
• Tatra - Slovakia
• Celtic - Ireland
• Baltic - Estonia, Latvia, Lithuania
QUESTION 4
• According to Forbes’ Fictional 15, X is the youngest
philanthropist and the latest to join Bill Gates’ and
Warren Buffett’s Giving Pledge through a series of
splashy gestures, donating thousands of diamond-
encrusted dog bowls to American Society for the
Prevention of Cruelty to Animals (ASPCA). His net worth
is approximately $5.8B USD.
• Identify the good soul.
ANSWER 4
• Richie Rich
QUESTION 5
• Connect:
ANSWER 5
• They all have stock indices named after them.
• Some companies in the Jolie Stock Index - Sony, Viacom,
Time Warner
• In the Hilton Stock Index - News Corp, Amazon
• In the Longoria Stock Index - Microsoft, L’Oreal, Pepsi
QUESTION 6
• Identify the
gentleman from this
picture.
• Also tell me what did
he propose in 1913 as
a member of the
Chamberlain
Commission which came
into existence in
1921 and is now known
to us under a
different name?
ANSWER 6
• John Maynard Keynes
• The establishment of the Imperial Bank of India (now
SBI)
QUESTION 7
• This index was conceived by the chief economist of PNC
Wealth Management, a US based bank as a tongue-in-cheek
economic indicator to measure the changing costs of
goods mentioned in the popular song, "The Twelve Days —
—————".
• This helps in assisting the consumer to know the
fluctuations in the prices of these items and inform
them of how much it will cost them in the subsequent
years.
• Name the concerned price index.
ANSWER 7
• Christmas Price Index
• The song - The Twelve Days of Christmas
QUESTION 8
• The Financial Expert is a novel written in 1952 based
on the exploits of a financial expert named Margayya,
the novel’s main character. His insatiable lust for
wealth eventually causes him to abandon his modest
living under the banyan tree for dreams and short-lived
wealth and power.
• Perhaps the most famous quote from the book is this:
“Money alone is important in this world. Everything
else will come to us naturally if we have money in our
purse.”
• Identify the author, a well known personality to all
around the world.
ANSWER 8
• RK Narayan
QUESTION 9
• Finding a “X” brand and giving it a wake-up call has
become especially desirable for investors who are
looking for businesses with a strong anchor and an open
approach to the future in a period of economic
volatility. Such brands are characterized by valuable
assets or excellent operations that are not effectively
utilized or deployed due to poor management.
• Give an appropriate name for X.
ANSWER 9
• Sleeping Beauty
QUESTION 10
• In the United Kingdom, this refers to the practice
whereby the holder of a security (a certificate
attesting the ownership of a bound or share) sells it
at the end of the day on the last day of the FY and
then buys it back the next morning.
• This is basically carried out to reduce the taxes,
while maintaining an investment portfolio.
• Identify the practice that also shares its name with a
type of guest accommodation.
ANSWER 10
• Bed-and-breakfasting
QUESTION 11
• Tell me the significance of what I am showing you:
ANSWER 11
• The oldest bond paper in the world, issued by the
Amsterdam Stock Exchange
QUESTION 12
• X is an euphemism describing fraudulent activities
performed by corporations in order to falsify their
financial statements. It typically involves augmenting
financial data to yield previously non-existent
earnings.
• This term came into public spotlight around 2002, when
a certain company became bankrupt.
• Identify this term that is an extension of the
company’s name.
ANSWER 12
• Enronomics
QUESTION 13
• This is a kind of phenomenon in the stock market,
wherein a rapidly declining stock shows a brief
recovery in its price.
• It has its origins on Wall Street when two Financial
Times journalists used this phrase to describe the
bouncing back of the Singapore and Malaysian stock
markets after a hard fall during the 1985 recession.
• ID the phrase.
ANSWER 13
• Dead Cat Bounce
QUESTION 14
• These words were uttered by a famous American
businessman and a former CEO of this savings bank
company in 2003:
“We hope to do to this industry what Walmart did to
theirs, Starbucks did to theirs, Costco did to theirs and
Lowe’s, Home Depot did to theirs. And I think if we’ve
done our job, five years from now you’re not going to
call us a bank.”
• As per his statement, he succeeded in, however,
orchestrating the largest bank failure in US history.
• Identify the concerned bank.
ANSWER 14
• Washington Mutual (WaMu)
QUESTION 15
• Identify the reason for these coins to be minted:
ANSWER 15
• The ₹60 coin - 60 years of India Mint
• The ₹75 coin - Platinum Jubilee of the RBI
QUESTION 16
• In 2005, Malcolm Glazer, an American businessman,
initiated the takeover of Manchester United FC, which
was a successful albeit a controversial one due to the
use of PIKs.
• These PIK loans were sold to hedge funds, to fund the
takeover, much to the displeasure of the club’s
supporters, because the burden of the debt was placed
on the club itself, and not on the Glazers.
• Expand PIK.
ANSWER 16
• PIK - Payment In Kind
• It is a high-risk loan or bond that allows the borrower
to pay interest with additional debt rather than cash.
QUESTION 17
• What is the significance of this machine in the world
of finance?
ANSWER 17
• This is the Universal Stock Ticker, patented by Edison.
This was the first ticker tape machine.
QUESTION 18
• In 1971, after President Nixon took the dollar off the
gold standard, the Organization of Petroleum Exporting
Countries (OPEC) stopped supplying oil to the US
largely due to the fact that all oil contracts were
priced in USD.
• After this event, and specifically during the years
1974-1981, oil exporters amassed large amounts of money
gained from selling historically expensive oil.
• What is this money earned by the OPEC rather aptly
called?
ANSWER 18
• Petrodollars
+25/+35(-25)
QUESTION 19
• This is an investing strategy based on the 30 Dow Jones
Industrial Average (DJIA) components, popularized by
Michael O’Higgins in his bestseller Beating The Dow.
• It proposes that an investor annually select for
investment the ten DJIA stocks whose dividend is the
highest fraction of their price. Then, on the first
trading day of the new year, invest an equal amount in
each of them and hold the portfolio for a year and
repeat the process.
• It is believed that investing in these companies give
you higher returns. Name the strategy.
ANSWER 19
• Dogs of The Dow
QUESTION 20
• Determining how to pay people for their work is a much
harder problem than most people realize due to the
disconnect between getting paid and doing the work. To
tackle this, bonuses are given to highly paid workers.
• This custom was first introduced by this company in
1978, that gave a large number of options to workers,
rather than the customary few, making their then CEO
Charles Lazarus the highest paid CEO in the world.
• Identify the company which is in the news as it
prepares to liquidate its US operations.
ANSWER 20
• Toys “R” Us
QUESTION 21
• Steinway & Sons is a popular American-German high-end
piano manufacturing company, that in late 2015,
released their 600,000th piano.
• However, all was not well for this grand old
organization. In a hope that a duet with private equity
will be a harmonious one, it had agreed to be bought by
the private equity firm Kohlberg & Company for roughly
$450M USD in late 2013, thus taking it out of the stock
exchange.
• What was their ticker symbol before the deal, or whom
did their ticker symbol honor?
ANSWER 21
• LVB - Ludwig Van Beethoven
QUESTION 22
• Connect:
ANSWER 22
• Kankariya Lake - SBI
• A Bank for the Buck - about HDFC
• Software Robotics - by ICICI
• Chopra + Malhotra - Nirav Modi (alias PNB)
These are the Big Four Indian banks.

Rohan K (14-03-18)

  • 1.
    THE FINQUIZ OF D-42(PART 1) BEST OF NSE FINQUIZ PREP.
  • 2.
    RULES • +10/0 onthe bounce and +20/10 on the pounce in every question. • There is no civilized/uncivilized pounce. • Blanks indicative nowhere. • Good Luck!
  • 3.
    — Dave Ramsey YOUMUST GAIN CONTROL OVER YOUR MONEY, OR THE LACK OF IT WILL FOREVER CONTROL YOU. ” “
  • 4.
    QUESTION 1 • Thebook compiled comprehensive information about the financial and operational state of US railroad companies providing essential insights into the railroad industry and helps investors leverage that intelligence into smart investment decisions. The question is, who published this book?
  • 5.
    ANSWER 1 • HenryVarnum Poor of Standard & Poor’s
  • 6.
    QUESTION 2 • ReunionIsland, a French territory in the Indian Ocean and the most prosperous island in the region was lastly in the news regarding the findings of the wreckage of MH370. • However, it came into public prominence in early 2002, when the mayor of the island initiated a purchase of a kilo of lychees at a local market. The normal shopping event was however telecasted live on national television and also received attention in international media. • What was special about the purchase?
  • 7.
    ANSWER 2 • Itwas the first cash sale in Euros.
  • 8.
    QUESTION 3 • Connectthe following to something in finance: 1. Asian 2. Tatra 3. Celtic 4. Baltic +15/+25(-15)
  • 9.
    ANSWER 3 • Inspiredby the names of tigers, these terms determine powerful economies in these regions during different periods of time. • Asian - HK, Singapore, South Korea, Taiwan • Tatra - Slovakia • Celtic - Ireland • Baltic - Estonia, Latvia, Lithuania
  • 10.
    QUESTION 4 • Accordingto Forbes’ Fictional 15, X is the youngest philanthropist and the latest to join Bill Gates’ and Warren Buffett’s Giving Pledge through a series of splashy gestures, donating thousands of diamond- encrusted dog bowls to American Society for the Prevention of Cruelty to Animals (ASPCA). His net worth is approximately $5.8B USD. • Identify the good soul.
  • 11.
  • 12.
  • 13.
    ANSWER 5 • Theyall have stock indices named after them. • Some companies in the Jolie Stock Index - Sony, Viacom, Time Warner • In the Hilton Stock Index - News Corp, Amazon • In the Longoria Stock Index - Microsoft, L’Oreal, Pepsi
  • 14.
    QUESTION 6 • Identifythe gentleman from this picture. • Also tell me what did he propose in 1913 as a member of the Chamberlain Commission which came into existence in 1921 and is now known to us under a different name?
  • 15.
    ANSWER 6 • JohnMaynard Keynes • The establishment of the Imperial Bank of India (now SBI)
  • 16.
    QUESTION 7 • Thisindex was conceived by the chief economist of PNC Wealth Management, a US based bank as a tongue-in-cheek economic indicator to measure the changing costs of goods mentioned in the popular song, "The Twelve Days — —————". • This helps in assisting the consumer to know the fluctuations in the prices of these items and inform them of how much it will cost them in the subsequent years. • Name the concerned price index.
  • 17.
    ANSWER 7 • ChristmasPrice Index • The song - The Twelve Days of Christmas
  • 18.
    QUESTION 8 • TheFinancial Expert is a novel written in 1952 based on the exploits of a financial expert named Margayya, the novel’s main character. His insatiable lust for wealth eventually causes him to abandon his modest living under the banyan tree for dreams and short-lived wealth and power. • Perhaps the most famous quote from the book is this: “Money alone is important in this world. Everything else will come to us naturally if we have money in our purse.” • Identify the author, a well known personality to all around the world.
  • 19.
  • 20.
    QUESTION 9 • Findinga “X” brand and giving it a wake-up call has become especially desirable for investors who are looking for businesses with a strong anchor and an open approach to the future in a period of economic volatility. Such brands are characterized by valuable assets or excellent operations that are not effectively utilized or deployed due to poor management. • Give an appropriate name for X.
  • 21.
  • 22.
    QUESTION 10 • Inthe United Kingdom, this refers to the practice whereby the holder of a security (a certificate attesting the ownership of a bound or share) sells it at the end of the day on the last day of the FY and then buys it back the next morning. • This is basically carried out to reduce the taxes, while maintaining an investment portfolio. • Identify the practice that also shares its name with a type of guest accommodation.
  • 23.
  • 24.
    QUESTION 11 • Tellme the significance of what I am showing you:
  • 25.
    ANSWER 11 • Theoldest bond paper in the world, issued by the Amsterdam Stock Exchange
  • 26.
    QUESTION 12 • Xis an euphemism describing fraudulent activities performed by corporations in order to falsify their financial statements. It typically involves augmenting financial data to yield previously non-existent earnings. • This term came into public spotlight around 2002, when a certain company became bankrupt. • Identify this term that is an extension of the company’s name.
  • 27.
  • 28.
    QUESTION 13 • Thisis a kind of phenomenon in the stock market, wherein a rapidly declining stock shows a brief recovery in its price. • It has its origins on Wall Street when two Financial Times journalists used this phrase to describe the bouncing back of the Singapore and Malaysian stock markets after a hard fall during the 1985 recession. • ID the phrase.
  • 29.
  • 30.
    QUESTION 14 • Thesewords were uttered by a famous American businessman and a former CEO of this savings bank company in 2003: “We hope to do to this industry what Walmart did to theirs, Starbucks did to theirs, Costco did to theirs and Lowe’s, Home Depot did to theirs. And I think if we’ve done our job, five years from now you’re not going to call us a bank.” • As per his statement, he succeeded in, however, orchestrating the largest bank failure in US history. • Identify the concerned bank.
  • 31.
  • 32.
    QUESTION 15 • Identifythe reason for these coins to be minted:
  • 33.
    ANSWER 15 • The₹60 coin - 60 years of India Mint • The ₹75 coin - Platinum Jubilee of the RBI
  • 34.
    QUESTION 16 • In2005, Malcolm Glazer, an American businessman, initiated the takeover of Manchester United FC, which was a successful albeit a controversial one due to the use of PIKs. • These PIK loans were sold to hedge funds, to fund the takeover, much to the displeasure of the club’s supporters, because the burden of the debt was placed on the club itself, and not on the Glazers. • Expand PIK.
  • 35.
    ANSWER 16 • PIK- Payment In Kind • It is a high-risk loan or bond that allows the borrower to pay interest with additional debt rather than cash.
  • 36.
    QUESTION 17 • Whatis the significance of this machine in the world of finance?
  • 37.
    ANSWER 17 • Thisis the Universal Stock Ticker, patented by Edison. This was the first ticker tape machine.
  • 38.
    QUESTION 18 • In1971, after President Nixon took the dollar off the gold standard, the Organization of Petroleum Exporting Countries (OPEC) stopped supplying oil to the US largely due to the fact that all oil contracts were priced in USD. • After this event, and specifically during the years 1974-1981, oil exporters amassed large amounts of money gained from selling historically expensive oil. • What is this money earned by the OPEC rather aptly called?
  • 39.
  • 40.
    +25/+35(-25) QUESTION 19 • Thisis an investing strategy based on the 30 Dow Jones Industrial Average (DJIA) components, popularized by Michael O’Higgins in his bestseller Beating The Dow. • It proposes that an investor annually select for investment the ten DJIA stocks whose dividend is the highest fraction of their price. Then, on the first trading day of the new year, invest an equal amount in each of them and hold the portfolio for a year and repeat the process. • It is believed that investing in these companies give you higher returns. Name the strategy.
  • 41.
  • 42.
    QUESTION 20 • Determininghow to pay people for their work is a much harder problem than most people realize due to the disconnect between getting paid and doing the work. To tackle this, bonuses are given to highly paid workers. • This custom was first introduced by this company in 1978, that gave a large number of options to workers, rather than the customary few, making their then CEO Charles Lazarus the highest paid CEO in the world. • Identify the company which is in the news as it prepares to liquidate its US operations.
  • 43.
  • 44.
    QUESTION 21 • Steinway& Sons is a popular American-German high-end piano manufacturing company, that in late 2015, released their 600,000th piano. • However, all was not well for this grand old organization. In a hope that a duet with private equity will be a harmonious one, it had agreed to be bought by the private equity firm Kohlberg & Company for roughly $450M USD in late 2013, thus taking it out of the stock exchange. • What was their ticker symbol before the deal, or whom did their ticker symbol honor?
  • 45.
    ANSWER 21 • LVB- Ludwig Van Beethoven
  • 46.
  • 48.
    ANSWER 22 • KankariyaLake - SBI • A Bank for the Buck - about HDFC • Software Robotics - by ICICI • Chopra + Malhotra - Nirav Modi (alias PNB) These are the Big Four Indian banks.