Econorm 2008
Inquizition Prelims – Business/Economics Quiz
Held at DPS, RK Puram
Date: 10 November 2008
By Econox Club
Multiple-Choice Questions
Q1. The first school of economics in the modern world was led by Francois Quesnay, the writer of La Tableau Economique. How was this group of economists better known?
(a) The Laissez-Faire School (c) The French School
(b) The Physiocrats (d) The French Liberals
Q2. Ragnar Frisch was the first winner of the Nobel Prize for Economics. For his study in which field did he win the Nobel Prize?
(a) Microeconomic Models (c) Welfare Economics
(b) Global Currency (d) International Trade
Q3. The UBS is a financial institution belonging to which country?
(a) Sweden (c) Singapore
(b) Switzerland (d) Thailand (Siam)
Q4. India’s nuclear tests in the 1970s led to the formation of the Nuclear Suppliers’ Group. Which organization was formed due to the oil crisis of the 1970s?
(a) G8/G7 (c) WTO
(b) IMF (d) OPEC
Q5. Which car company manufactured the ‘Beetle’, the Peoples’ car, on orders by Adolf Hitler?
(a) Audi (c) Daimler (of Daimler-Chrysler)
(b) BMW (d) Volkswagen
Q6. The Titanic was the largest ship of its time. Which is currently the largest commercial passenger ship in the world?
(a) Queen Elizabeth (c) Queen Mary
(b) King James (d) King George
Q7. Which building houses the Bombay Stock Exchange (BSE)?
(a) Firoze Jeejabhoy Towers (c) Naoroji House
(b) Mahindra House (d) J.D. Dalal Complex
Q8. WIPRO, one of India’s largest IT companies is also an FMCG player. With what business did WIPRO begin?
(a) Soaps and detergents (c) Vegetable Oils
(b) Fruit Juices (d) Hotels and Restaurants
Q9. The winner of the 2008 Nobel Prize for Economics teaches at which famous university?
(a) Harvard University (c)London School of Economics
(b) Columbia University (d) University of Pennsylvania
Q10. Karl Marx was expelled from Germany for his communist viewpoint. In which country did Karl Marx find shelter and write his Das Capital?
(a) United States of America (c) France
(b) Sweden (d) England
Q11. The rupee is the currency of India and Pakistan among several other South Asian countries. Of which country is the Rupiah the currency?
(a) Maldives (c) Indonesia
(b) Malaysia (d) East Timor
Q12. The world’s largest company, Exxon-Mobil was formed by the merger of Exxon Corp. and Mobil Corp., both petrochem majors. Their common ancestor, The Standard Oil Company, was owned by the richest man of all times. Identify him.
(a) John D Rockfeller (c) William Douglas
(b) William Disraeli (d) John Stuart Mill
Q13. Who was the person with highest visibility, in terms of minutes, in television advertisements, as confirmed by a recent report?
(a) Shah Rukh Khan (c) Amitabh Bachhan
(b) Kareena Kapoor (d) Saif Ali Khan
Q14. With regard to Hollywood, which is the highest grossing film of all times (adjusted for inflation)?
(a) Gone with the Wind (c) Jurassic Park I
(b) The Godfather I (d) Ben Hur
Q15. With regard to which car did Henry Ford say “People can buy any colour as they wish to, as long as it is black” ?
(a) Ford Mustang Mach III (c) Ford Ikon
(b) Ford Indigo (d) Ford Model – T
Q16. Which of the following was not a part of the four pillars of Wall Street?
(a) Lehmann Brothers (c) Bank of America
(b) Morgan Stanley (d) Merrill Lynch
Q17. The first stocks in the world were issued for which company?
(a) The British East India Co. (c) The Dutch East India Co.
(b) The French East India Co. (d) The Portuguese East India Co.
Q18. Which is the only car to have briefly replaced a Maruti Suzuki car as the largest selling car in India ever since the Maruti 800 was introduced?
(a) Hyundai Santro (c) Tata Indica
(b) Daewoo Matiz (d) Chevrolet Spark
Q19. Who presented the first Budget of Independent India?
(a) Pt. Jawaharlal Nehru (c) Morarji Desai
(b) Shanmughan Chetty (d) Sardar Vallabhai Patel
Q20. To overcome the Great Depression, Franklin Delano Roosevelt introduced which policy?
(a) Fair Deal (c) New Deal
(b) Best Deal (d) Money Deal
Q21. In 1988, Ajjay B. joined his family business, the Amritsar Transport Corporation. Alongside ATC, his family ran another business, which was doing abysmally. Ajjay’s father gave him Rs.40 lakhs to turnaround the business, which he managed to do in two year’s time. To expand his business, he formed a JV with an Australian company. What was the name of the JV (give the full name)?
Q22. What connects the following CEOs – Time Taft of Pizza Inn, Eric Schmidt of Google and Steve Jobs of Apple?
Q23. An Indian product, whose, SI prefix meaning 109, a term coined by physist Richard Feynman. Name it.
Q24. Name of which business legend name means, “prosperous rice field” in the local language?
Q25. Who is the world’s first Chief Happiness Officer?
Q26. Ashok Todi, father-in-law of the hapless Rizwanur Rehman, owns this brand worth Rs.200 crore. Interestingly, Bengalis had voluntarily chosen to shun the product after Rizwanur’s death. Name the brand.
Q27. Which country’s central bank has misspelt the word “bank” on its new notes as “bankh”?
Q28. Who said this – “the five most dangerous words in business may be – everyone else is doing it”?
Q29. By what name is “Jerry’s Guide to the World Wide Web” now know?
Q30. X ($ infinite, 1600 plus yrs), Richie Rich ( $ 24.7 billion 12 yrs), Oliver Warbucks (10 billion, 57 yrs), Scrooge McDuck ($ 8.2 billion, 67 yrs), Thurston Howell III (8 billion, 45 yrs) are the five richest fictional characters of all time. Identify X.
Q31. Who is the lady who left her property of 5000 crore to her C.A?
Q32. There are many companies which love to hate Microsoft. The principal enemies of Microsoft are commonly referred to as NOISE (netscape, oracle, IBM, Sun Microsystems and E). What does E stand for?
Q33. What is the name of Walt Disney’s first animation film for the Indian market?
Q34. Name the first Indian woman to graduate from Harvard and the company headed by her.
Q35. What does “R” in Maruti Suzuki’s small car Wagon R stand for?
Q36. Which industrial house has pledged to maintain the Taj Mahal?
Q37. Who is the lifelong chairman of the institute on rural management, Anand?
Q38. Which famous economist who has produced pioneering studies on gender inequality, has always taken care to write “her” rather than “him” while referring to an abstract person?
Q39. Which was the first Indian company to ring the NASDAQ opening bell from India by a remote control?
Q40. What do you mean by ‘banglored’?
Answers:
Ans1. (b) The Physiocrats
Ans2. (a) Microeconomic Models
Ans3. (b) Switzerland
Ans4. (a) G8
Ans5. (d) Volkswagen
Ans6. (c) Queen Mary
Ans7. (a) Firoze Jeejabhoy Towers
Ans8. (c) Vegetable Oils
Ans9. (b) Columbia University
Ans10. (d) England
Ans11. (c) Indonesia
Ans12. (a) John D Rockfeller
Ans13. (d) Saif Ali Khan
Ans14. (a) Gone With the Wind
Ans15. (d) Ford Model – T
Ans16. (c) Bank of America
Ans17. (c) The Dutch East India Co.
Ans18. (a) Hyundai Santro
Ans19. (b) Shanmughan Chetty
Ans20. (c) New DealAns21. Priya Village Roadshow (PVR)
Ans22. Annual salaries of $1
Ans23. Nano
Ans24. Akio Morita
Ans25. Ronald McDonald
Ans26. Lux Cozi
Ans27. Kazakhastan
Ans28. Warren Buffet
Ans29. Yahoo
Ans30. Santa Claus
Ans31. Priyamvada Birla
Ans32. Everyone Else
Ans33. Roadside Romeo
Ans34. Naina Lal Kidwai of HSBC
Ans35. Recreation
Ans36. The Tatas
Ans37. Verghese Kurein
Ans38. Amartya Sen
Ans39. Infosys
Ans40. When a person loses his job when his job is outsourced
Scores of Top 6 teams – Only the top 4 Qualified!
19 – New Era Public School, Mayapuri
18 – DPS, Vasant Kunj
17 – St. Columba’s School
10.5 – DPS, NOIDA
10.5 – DPS, R K Puram
10 – Modern School, Barakhamba Road
This was the Business/Economics Quiz held at DPS, RK Puram – We won this Quiz, and performed really well, topping both the prelims and finals. This was a great quiz, really lived up to my expectations – There are not many Biz Quizzes in school fests, but this one was organised really well. You can read more abt Econorm 2008 here (By Subhashish Bhadra, the quizmaster) Kudos to the Econox Club for this one! Would definitely come back next year and I hope schools organise more such quizzes and events.
Signing off,
Prateek
12 responses to “Econorm 2008 Inquizition Prelims at DPSRKP”
Chirag Jain
December 30th, 2008 at 06:54
Dude I’m coming back next year to win this one. Watch out!
prateekv
January 4th, 2009 at 11:48
Yes I hope you win 🙂
Sarthak Batra
January 1st, 2009 at 13:30
Hi prateek this is Sarthak Batra from Springdales School Dhaula Kuan (from Ankur’s Blog). Thanks a lot for these archives. They are really useful. Also from which class are you? I am from Xth.
PS: The quiz seemed easy and Happy New Year
Subhashish Bhadra
January 2nd, 2009 at 12:26
This is an insider thing :
The ECONORM is not held every year. Depends on who manages the ECONOX that year. And the quiz was good this year because me and Kritika are quizzers. You see,
(1) The ECONORM may not be held next year
(2) Even if it is held, there might not be a quiz
(3) Even if there is a quiz, it might not be as good as this years’
Anyhow, hope for the best !!
Chirag Jain
January 3rd, 2009 at 10:44
hey i read these prelims again, and yes, paul krugman does teach at princeton and not columbia…… i said the same when the quiz was going on too…….read this
i read his blog everyday and i was sure its princeton!
anyways, hats off to econox for a well-researched, interesting and nicely conducted quiz …….hopefully the quiz does take place next year……
@Subhashish : encourage your incoming econox club to keep the tradition of the symposium ‘econorm’ going on….
kavneet
January 15th, 2009 at 20:48
what’s ur address,i mean where do u stay?
prateekv
January 15th, 2009 at 22:36
Dude, I live in Maya Enclave (West Delhi) – In the same colony in which ur friend, Suraj lives in 🙂
kavneet
January 16th, 2009 at 20:25
arre i also live in ec pocket only yaar,tell me your house no,mine is ec-88
yea suraj only told me this and i was shocked as i am here from last 16 years nad i have never seen u!
prateekv
January 17th, 2009 at 23:31
Mine is EC-166. Its amazing we never met…!
prateekv
January 17th, 2009 at 23:34
@ Kavneet – What is ur email ID?
Chirag Jain
January 18th, 2009 at 08:12
now does one call that a discovery?
Apratim
January 29th, 2009 at 15:53
Please post the answers to quizzes 1-9
That would be a big favour
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