Month: August 2018

Weekly Business Quiz # 426


Q 1. Which are the three locations identified by India to set up ‘water aerodromes’ in India where amphibian planes can land ?

Ans. Chilka Lake in Odisha, Sabarmati River Front in Ahmedabad and Sardar Sarovar Dam in Gujarat

Q2. After GST , what is the new name for Central Board of Excise and Customs, (CBEC) ?

Ans. Central Bureau of Indirect Taxes and Customs ( CBIC)

Q3. Which AMC’s CEO Leo Puri has quit due to differences between the foreign shareholder T.Rowe Price and the govt of India institutions ?

Ans. UTI Mutual Fund

Q4. Which private equity firm has acquired a 60 % stake in Ramky Enviro Engineers for $ 530 million ?

Ans. KKR

Q5. Name the business leader who is being accused, wrongly perhaps, of idol theft  from temples in South India. His family is known for restoring temples as philanthropy.

Ans. Venu Srinivasan of TVS Motors

Q6. Which well known cinema theatre in Chennai is part of SPI Cinemas now being acquired by PVR Ltd ?

Ans. Sathyam

Q7. Anant Bajaj RIP. With which company was Anant Bajaj associated with ?

Ans.. Bajaj Electricals

Q8. Where was this spotted on 9th August and what is innovative about this carton ?

ikea carton

Ans. At Hyderabad airport conveyor belts were spotted. These cartons were empty and used just to announce the opening of the first IKEA store in India

Q9. Which industrialist has been arrested recently for the first time on the basis of a crime investigated by Serious Fraud Investigation Office ( SFIO) in its 15 year history ?

Ans. Neeraj Singhal of Bhushan Steels

Q 10. News of which industrialist’s passing away began as “Shweta Bachchan Nanda’s father-in-law and Chairman of ______ Group, _______ Nanda, passed away ” in Business Standard today. Fill in the blanks.

Ans. Escorts Group, Rajan Nanda


Q 11. J.Paul Getty , at that time the richest man in the world , what device did he instal in his office so that the visitors did not use his phone to make free calls ?

Ans. A coin-operated pay phone !!

Q 12. Bessemer Ventures, the venture capitalist firm has an ‘anti-portfolio’ . What is it and why does it have one ?

Ans. Companies they passed on for various reasons and didn’t invest in. Which went on to become hugely successful with other VCs

Q 13. Which country is all slated to overtake Qatar as the country with the highest per capita income by 2020 ?

Ans. Macau

  • Compiled by G.Mohan Twitter @go_mohan

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Weekly Business Quiz # 425


Q 1. Tata Global, Dabur and Cadila are in the race to acquire some brands of Kraft Heinz in India. From whom had Heinz acquired braands like Glucon D, Nycil and Complan in the 1990s ?

Ans. Glaxo , now Glaxo Smith Kline

Q 2. Who has owned up for the appearance of the UIDAI phone numbers in the contact lists in some of the Android phone users without their knowledge ?

Ans. Google

Q3. Who has accused Mahindra and Mahindra of copying their design for the model Roxor sold in US ?

Ans. Fiat Chrysler has accused Mahindra of copying some design aspects of Jeep

Q4. Sachin Tendulkar has signed up as the ambassador for a brand that is a competitor to the brand with which Sachin was long associated, raising a few eyebrows. Name the old and the new brand

Ans. Old Brand – MRF, New brand – Apollo Tyres

Q5. What dubious distinction does the New Jalpaiguri Express have in Indian Railways ?

Ans. With 20 hr avg late arrival, it has known to be The Queen of late running trains in India

Q6. BSE India has launched a chat bot that helps users to stock specific information and market information from its web-site. What is its name ?

Ans. Motabhai

Q7. How much is Virat Kohli approximately paid per Instagram post ?

Ans. US $ 120,000 or approx Rs 80 lakhs per post

Q8. Which fast food chain has started a pilot project to use bio-diesel made from used edible oil in its kitchen for the trucks used in its supply chain ?

Ans. McDonalds

Q9. Cadbury Dairy Milk has completed 70 years in India. It has launched a new campaign with the tag line ” Kuch achcha ho jaye, Kuch meetha Ho jaye “. Cadbury’s has been working with only one ad agency for Cadbury Dairy Milk  Name it.

Ans. Ogilvy’s

Q10. Indian jewellery exporters are not able to export gold coins from India leading to substantial business loss. What govt order is preventing them ?

Ans. Govt has banned export of gold products over 22 carat  purity to prevent money laundering , this has prevented genuine exports of 24 carat gold coins


Q11. Why does the number 57 appear in the logo of Heinz ketchups ? Alos, it is believed that hitting the bottle at where 57 is written, makes the ketchup to pour easily


Ans. 57 varieties of pickles sold by Heinz at that time.

Q 12. As millenials are consuming less beer, which global major has appointed a “Chief Non-alcoholic beverages officer’ to expand that area ?

Ans. Anheuser Busch InBev

Q 13. What brand of cricket balls and sports equipment is manufactured by British Cricket balls Ltd ? Clue : Recent Eng vs India Test

Ans. Duke’s

Q 14. Why did the Canadian farm Bogle Seeds that grows Sunflower decide to close the farm for tourists even though @  7.5 $ per visitor it was making good money ?

Ans.  The visitors started taking Selfies and caused a lot of damage to the farm

Q 15. Which country’s govt owns all the giant pandas in the world , save two pandas in the Mexico zoo ?

Ans. Chinese Govt gives pandas on rent to the zoos in various countries and it earns a huge revenue from that

  • Compiled by G.Mohan Twitter @go_mohan