A College Finance Quiz conducted by team Learningroots.

1. Finance Quiz
Prelim

2. This is logo of the mobile payments service by Google, targeted at users
from India and operates atop the Unified Payments Interface, developed by
the National Payments Corporation of India. Identify.
Q1

3. Tez
Answer

4. On which item, will you find the following marks?
Q2

5. Indian Coins
The mark shows where the coin was minted
Answer

6. If a Financial Institution is referred to as too big to fail, it means that it is so
large and so interconnected that its failure would be disastrous to the
economic system, and it therefore must be supported by government when
it faces any potential failure.
In the D-SIB (Domestic-Systemically Important Bank) or “too big to fail” list
of RBI, there are three banks. Name any two (part points).
Q3

7. State Bank of India, ICICI Bank, and HDFC Bank
Answer

8. Which Tamil Nadu based Indian company's share is the most expensive
share by share price on Bombay Stock Exchange with current price close to
67,000 per share?
Q4

9. MRF
Answer

10. A _______ good is a good for which demand increases as the price
increases, and falls when the price decreases. A _______ good has an
upward-sloping demand curve, which is contrary to the fundamental law of
demand which states that quantity demanded for a product falls as the price
increases, resulting in a downward slope for the demand curve.
Identify the term, which is named after the Scottish economist who gave the
idea based on his observations of the purchasing habits of the Victorian era
poor.
Q5

11. Giffen good
Answer

12. As tweeted by the official handle of this department, ‘Kosha Moolo Dandah’
is the motto of? (two-word answer)
Q6

13. Income Tax
Answer

14. He is called the “Oracle of Omaha” because his investment picks and
comments on the market are very closely followed by the investment
community, and he lives and works in Omaha, Nebraska.
Identify the person.
Q7

15. Warren Buffett
Chairman and CEO of Berkshire Hathaway
Answer

16. In June 2017, Baba Sehgal released a song titled _____. A part of the lyrics
goes like this:
Fever aa gaya le lo dolo, ab toh aankhen kholo kholo
lagi hai lagi hai haath mein haldi, number jaakar le lo jaldi
L M N O P Q R S T, one and only _____
_____ _____ _____ - don't be lusty
What’s the blanked out part?
Q8

17. GST
Answer

18. Who is the author?
Q9

19. Amartya Sen
Answer

20. It is said that this word is derived from the word sal (salt) because at some
point it may have been an allowance of a soldier for the purchase of salt.
What word is this?
Q10

21. Salary (Latin: salarium, derived from the word sal meaning salt)
Answer

22. Which bank would you associate with this campaign?
Q11

23. Kotak Mahindra Bank
Answer

24. If we look at the top 100 largest banks in the world based on total assets, 18
banks from this country feature in the list. Name the country.
Q12

25. China
Answer

26. The game is named after an economic concept. It is owned and produced by
the American game and toy company Hasbro, and the mascot of this game is
called ‘Rich Uncle Pennybags’. Identify the game.
Q13

27. Monopoly
Answer

28. Expand the acronym SEBI.
Q14

29. Securities and Exchange Board of India
Answer

30. In 2012, TIME magazine put which former Indian
Finance Minister on its cover and called him ‘the
underachiever’?
Q15

31. Manmohan Singh
Answer

32. Richard H. Thaler was awarded the Nobel Memorial Prize in Economic
Sciences in 2017 for his contributions to this branch of Economics.
Name this branch which deals with the effects of psychological, social,
cognitive, and emotional factors on the economic decisions of individuals
and institutions.
Two-word answer
Q16

33. Behavioral Economics
Answer

34. The name of the 1987 movie
and its 2010 sequel is important
in the world of Finance and has
become synonymous with the
financial markets of the United
States or the American financial
services industry.
What’s the name (two-word
answer)
Q17

35. Wall Street
Answer

36. This word has its origin in French and modern Latin where it means ‘verified
paper’ or ‘paper that has been seen’. The word is also the name of an
American multinational financial services corporation which you would
normally find on credit/debit cards. What four letters are these?
Q18

37. VISA
Answer

38. This is an advertisement of which non-banking financial company?
Q19

39. Manappuram Finance Limited
Answer

40. These print advertisements are for which investment option?
Q20

41. Mutual Funds
Released by the Association of Mutual Funds
in India (AMFI)
Answer

42. Finance Quiz
Final

43. • 4 rounds
• Round 1: 6 questions (pass clockwise) (pounce for +10/-5)
• Round 2: Visual round 6 questions (written)
• Round 3: 6 questions (pass anti-clockwise) (pounce for +10/-5)
• Round 4: Clues round 3 questions (+15/+10/+5 on first, second,
third clue. Constant -5)
Rules of the game

44. Round 1

45. This ‘ritual’ happens every year. What’s happening?
Q1

46. ‘Halwa’ ceremony marks the beginning of the printing of documents for the
Union Budget
Answer

47. This word is derived from two words. The word ______ means table or
bench and ______ means broken. In the early 1800’s people used to come
together in common areas such as the market place. Merchants would set
up their businesses either on tables or benches throughout these common
areas so that shoppers could purchase the goods or services.
When the merchant could no longer afford to stay in business of afford to
pay off his debt, his table/bench was broken to symbolize that he was no
longer welcome do business with the other merchants. What word got
coined thus?
Q2

48. Bankruptcy - Banca (bench) + rupta (to break)
Answer

49. There is a 15 paise surcharge collected by the Maharashtra state since 1971.
It was started after the Indo-Pak war, so that the refugees could be provided
relief by the government. Through this, as per RTI, an amount of Rs 388.96
crore has been collected and has not been used for the intended purpose.
Hence, a PIL was filed in 2014 demanding the authority to either stop the
surcharge or use it for noble causes, such as tackling drought, malnutrition
and protection of women.
Where will you find this 15 paise surcharge that almost everyone in this
room has paid at some point of time?
Q3

50. Bus Tickets
Answer

51. In 1535, King Henry VIII of England introduced a tax on men who had
______. In 1698, Emperor Peter I of Russia instituted this tax in Russia as
well. Those who paid the tax were required to carry a “_____ token”
indicating that they have paid the tax. What weird tax was this?
Q4

52. Beard tax
Answer

53. If you look at Google India trends of 2017, some of the top searches for
“how to” looked like: How to book Jio phone, How to take a screenshot,
How to file GST returns, How to remove holi color from face, How to vote for
Bigg Boss 11, etc.
What was the most searched “how to” process?
Q5

54. How to link Aadhaar with PAN card
Answer

55. X was an American financier and banker who dominated corporate finance
and industrial consolidation in the United States in the late 19th and early
20th centuries.
He owned the International Mercantile Marine Company, which owned
White Star Line, which owned the RMS Titanic. X was scheduled to travel on
the maiden voyage of Titanic but cancelled at the last minute and died a
year after its crash.
Identify X (Hint: Think of the largest banks in the United States)
Q6

56. John Pierpont Morgan (J. P. Morgan)
Answer

57. Visual Round

58. Identify the currency (one or two word answer)
Q1

59. Pound sterling
Answer

60. What has been blanked out in this old Amul topical?
Q2

61. Satyam (Corporate fraud involving Ramalinga Raju)
Answer

62. Identify the bank
Q3

63. HSBC (The Hongkong and Shanghai Banking Corporation)
Answer

64. Identify the organization from the re-insurance business
Q4

65. General Insurance Corporation of India
Answer

66. What’s the title of the book?
Q5

67. Rich Dad Poor Dad
Answer

68. Advertisement of which weekly magazine?
Q6

69. The Economist
Answer

70. Round 3

71. What connects the following countries as shown in the graph: India,
Pakistan, Indonesia, Maldives, Mauritius, Nepal, Seychelles, Sri Lanka
Q1

72. Countries that have ‘Rupee’ as the currency
In Indonesia, it is called rupiah and in Maldives, rufiyaa
Answer

73. Old logo -> New logo. Which US based institute is this?
Q2

74. CFA Institute (Chartered Financial Analyst)
Answer

75. Thomas L. Friedman, in his book ‘The Lexus and the Olive Tree’, put forward
a capitalist peace theory called the ‘Golden Arches Theory of Conflict
Prevention’ which says: No two countries that both had ________ had
fought a war against each other since each got its ________.
What comes in at the blank?
Hint: Golden arches resemble an “M”
Q3

76. McDonald's
Answer

77. This was an Indian financial services banking company based in Mumbai
which started operation in 2013. It was announced as a bank exclusively for
women, the bank allowed deposits to flow from everyone.
The bank was merged with State Bank of India in March 2017 as part of
banking reforms. Name this erstwhile bank.
Q4

78. Bharatiya Mahila Bank
Answer

79. As per a mythological story, X arrived on earth searching for his wife (after a
fight, his wife had left the heavenly abode and was living on earth in
disguise) but he failed to find her. During his search, he met a beautiful girl
named Padmavati who was the daughter of the King of the seven hills. They
both fell in love and decided to get married.
The father of Padmavati asked for a huge bridal price and to pay the money
X took a large loan from Y. Y gave the loan on the condition that X cannot
return to Y without paying off the debt. To help him repay his debt, devotees
offer him wealth and in return X fulfills their prayers. Who is X and who is Y?
Q5

80. X – Lord Venkateswara
Y – Kubera
Answer

81. VN Kaul (2002-2008), Vinod Rai (2008-2013), Shashi Kant Sharma (2013-
2017), and Rajiv Mehrishi (incumbent) have all been in which
authority/position which enjoys the same status as a judge of Supreme
Court of India?
Q6

82. (CAG) Comptroller and Auditor General of India
Answer

83. Clues Round

84. Satoshi Nakamoto is the name used by the unknown person or people who
designed and created its original reference implementation
Q1
They are created as a reward for a process known as mining which is a
record-keeping service done through the use of computer processing power
It is the first decentralized digital currency, as the system works without a
central bank or single administrator

85. Bitcoin
Answer

86. This was done for the first time in 1946, to penalize Indian businesses that
were concealing the fortunes amassed supplying the Allies in World War II
Q2
It was done again in 1978 by the Janata Party coalition government in the
hopes of curbing counterfeit money and black money
It was done for the 3rd time on 8th of November in 2016 to curtail the
shadow economy

87. Demonetization
Answer

88. The company has its origins in One97 Communications Limited which was
founded by Vijay Shekhar Sharma in 2010
Q3
In 2015, it became the first Indian company to receive funding from Chinese
ecommerce company Alibaba
In November 2017, it launched its payments bank: India's mobile-first bank
with which one can make online transactions at zero cost

89. Paytm
Answer