Month: October 2018

Weekly Business Quiz # 434


Q 1. Which is the only Indian company featuring in the list of 50 Genius Companies of 2018 brought out by the TIME Magazine ?

Ans. PayTM

Q 2. What is the regional connectivity scheme of connecting unconnected and underconnected airports launched in 2017 known as ?

Ans. UDAN ( Ude Desh ka Aam Nagrik)

Q 3. Which Chinese smartphone brand has launched lifestyle products such as luggage, apparels in India to enhance and capitalise on brand affinity ?

Ans. Xiaomi

Q 4. Name the production house started by Anurag Kashyap, Vikramaditya Motwane, Vikas Bahl and Madhu Montena in 2011 that has decided to disband itself after one of their founders has been called out for ‘sexual harrassment” ? 

Ans. Phantom Films

Q 5. Despite US having imposed sanctions on Iran from November, Indian refiners will continue to buy Iranian crude oil. They will pay in which currency ?

Ans. Indian Rupees

Q 6. Alleged Conflict of interest in loans given to which group is at the root of ICICI Bank CEO Chanda Kochchar’s investigation leading to her early retirement decision ?

Ans. Videocon Group

Q7. From October 1 which stock exchange started having trading in commodities like gold and silver also ?

Ans. Bombay Stock Exchange

Q8. What campaign will this vehicle be used for in India ?

whatsapp jio

Ans. The vehicle will educate Indians about responsible use of Whatsapp

Q9. Ugly behaviour from a large group of over 1200 people from India forced Royal Caribbean cruise to issue a full refund to all the other passengers. The passengers belonged to a gutkha co. Which one ?

Ans. Kamla Pasand

Q 10. What brand name prefix was given to the name of Dr Murthy, entrepreneur -politician-Founder of GITAM University from his first venture in Vizag. He passed away recently RIP

Ans. Goldspot Murthy

 Q 11. This 79 year old fitness fanatic started his career as an IAS, later became the first Chairman of GAIL, then worked in top jobs in pvt sector at HCL, Tech Mahindra. Now he is on the IL &FS board.

Ans. Vineet Nayyar

q 12. Earlier M & M used to stand for Mahindra and Mohammed. Who was Mohammed and what happened to him ?

Ans. Ghulam Mohammed, he migrated to Pakistan after partition in 1947 and became its first Finance Minister

Q 13. Zebpay has closed down recently. What was Zebpay ?

Ans. India’s oldest cryptocurrency exchange

Q 14. In the recently released YRF Film Sui Dhaaga , the full name includes the tag line

A. Make in India B. Made in India

C. Start-up India  D. Incredible India 

Ans. B. Made in India

Q 15. Google honoured this Indian with this doodle recently . Identify this social entrepreneur and the institution he built

dr v

Ans. Govindappa Venkataswamy…Founder of Aravind Eye Hospitals in Madurai

Q 16. Kabir Jeet Singh on his return from UK after doing an MBA opened a fast food chain with its first outlet in Gurugram. Now it is expanding India wide what is it called

A. KJS      B. Paratha King

C. Singhway  D. Burger Singh 

Ans. Burger Singh


Q 17. Which landmark passenger plane completed  50 years recently. It was launched on 30th September 1968

.Ans. Boeing 747 also known as Jumbo Jet

Q 18. She has been selected as the Chief Economist at IMF. Name her

gita gopinath

Ans. Gita Gopinath

 Q 19. Who has been appointed as the new CEO of General Electric ? He is the first outsider to get the top job .

Ans. Larry Culp , he had trned around Danaher corp earlier

Q 20. For what has Google signed a deal with Apple recently where Google will pay a large amount to Apple ?

Ans. making Google as the default search engine in Safari browser in all Apple devices

 Q 21. ” We listened to our critics and we decided we want to lead ‘ – said Jeff Bezos of Amazon. Who was leading the critics and what decision did Bezos announce ?

Ans. Bernie Sanders proposed “Stop Bezos Act” . This made Bezos to revise the hurly wage to be revised to U S $ 15 per hour

Q 22. Forbes has come out with a list of most regarded companies in the world . Which company has been rated No 1 in the world ?

Ans. Walt Disney

 Q 23. An examination and evaluation of a firm’s or individual’s financial information for use as evidence in court. It can be conducted in order to prosecute a party for fraud, embezzlement or other financial claims is called a _______ ?

Ans. Forensic Audit

Q 24. Another Indian American will replace Sridhar Ramaswamy as the Head of the Advertising business at Google as he leaves to join a VC firm. Name him.

Ans. Prabhakar Raghavan

Q 25. Dr Denis  and Nadia Murad have been awarded the Nobel Peace Prize for 2018. To which countries do they belong to ?

Ans. Democratic Republic of Congo and Iraq

Q 26. What is one of the most popular use of Corozo , also known as Vegetable Ivory ?

Ans. Buttons

 Q 27. General Electric recently took a huge ‘impairment charge” of 23 Bn $ for its power business. What is “impairment charge” ?

Ans. Impairment is an accounting principle that describes a permanent reduction in the value of a company’s asset, normally a fixed asset. If it’s found that the book value of the asset exceeds the cash flow or benefit of the asset, the difference between the two is written off and the value of the asset declines on the company’s balance sheet.

Q 28. The legendary ad copy by David O’Gilvy ‘At 60 miles per hour the loudest noise in the new ______ comes from the electric clock ‘ Fill in the blank

Ans. Rolls Royce

Q 29. What % of Internet bandwidth worldwide is consumed by Netflix according to a recent report ?

Ans, 15 % of the world and 19 % of US

Q 30. What prank done by the painter Banksy in a painting auctioned by Sotheby’s has created a furore in the art world ?

Ans. There was an inbuilt shredder which got triggered immediately after auction , so the painting shredded itself

Q 31. WSJ has come out with a list of innovation hubs in the world based on the venture capital funds they attracted. As expected San Francisco which has the silicon valley is No 1. What is No 1 among non US cities and World No 2 ?

Ans. Beijing

Q 32. For their work in which area has Paul Romer and Willia, Nordhaus been awarded the Nobel prize in Economics for 2018 ?

Ans. Climate Change and Technological Innovation

Q 33. What is the name of the central bank of China , equivalent of India’s RBI ?

Ans. People’s Bank of China

Q 34. Which Google service has decided to close down as it could not establish itself in the social networking platform market ?

Ans. Google Plus

  • Compiled by G.Mohan Twitter @go_mohan