61) Initially, this scheme was introduced by Department of Post, 132 years back as a welfare scheme to benefit its employees. Later on, this scheme was available to the State, Central govt. and PSU's employees. It was the first time when such services were extended to female employees also. What is this introduced by Postal Dept. in 1884 which has around 6.5 million users till now in the country?
60) What was this first introduced in India on 7 April, 1860 by James Wilson ( who founded The Economist & Standard Chartered Bank) ?
59) In the second budget of Yashwant Sinha in 1999, which also happened to be the last budget of the twentieth century made a historic departure from a practice that had been followed by all his predecessors since Independence. All Finance Ministers succeeding him have stuck to the new practice started by Y. Sinha since then. What practice was given up ?
- Announcing the budget at 5PM. Instead it's being announced at 12PM since then.
58) What was invented by a US based in 1960 under an initiative "Project Muscle". Which as marketed as 'Chemcor'. The product was used until the early 1990's in automotive, aviation and Pharmaceutical industry. Id what I am talking about
57) This is a 3200 kg, 16-foot-long bronze sculpture created by an Italian-American artist & declared it a symbol of the ''strength and power of the American people.''. Id what I am talking about?
56) Id this famous economist and what did he proposed in 1913 which came in existence in 1921 in India ?
55) Id the currency and nation it is of ?
54) Indian Ocean : Maldives, Mauritius, Seychelles
53) In Oct 1977, a post office was started in one of the village of Bikaner district. The postmaster was given 80 rupees extra every month than the normal budget in form of maintenance allowance. Id why this 80 rupees were given to the post office which grabbed much media attention in those days as it was first of kind of experiment done by India Post Office?
52) C. Rajagopalachari when he was CM of Madras in British India in late 1930's, he was first person to introduce Prohibition Act in India but this cause huge loss in revenue to Government, to offset the loss of revenue he introduced something which was welcomed by many economists through out the country. Tell me what did he introduce first time in India ?
- Sales Tax
51) Drexel Burnham Lambert is a Wall Street Investment banking firm which bankrupt back in 1990. But they are given credit to introducing an instrument of investment or a concept in the financial market. id what did they introduced ?
50) ndian Ocean : Maldives, Mauritius, Seychelles
49) Id the currency and nation it is of ?
48) ID currency of which nation he appears on, he was also the student of Shankar Dayal Sharma, the former President of India. Id currency and person ?
- Currency of Oman(Oman rial) and person is Sultan Qaboos bin Said al Said
47) A black knight is a company that makes a hostile takeover offer for the target company, A white knight makes a friendly takeover offer to a target company that is being faced with a hostile takeover. What is "Yellow Knight"?
46) In the world of business what is Key man Insurance Policy ?
- Postal Life Insurance
- Indian Budget
- Announcing the budget at 5PM. Instead it's being announced at 12PM since then.
58) What was invented by a US based in 1960 under an initiative "Project Muscle". Which as marketed as 'Chemcor'. The product was used until the early 1990's in automotive, aviation and Pharmaceutical industry. Id what I am talking about
- Gorilla Glass
- Charging Bull Sculpture in Lower Manhattan
- John Maynard Keynes, and proposed for Imperial Bank of India which later became SBI.
-
- Drachma, Greece.
Middle East : Bahrain, Jordan, Lebanon
North Atlantic : Bermuda
West Africa : Liberia
What is common to all these ?
- These are all Tax Havens Nation
- Mobile Camel Post office
- Sales Tax
51) Drexel Burnham Lambert is a Wall Street Investment banking firm which bankrupt back in 1990. But they are given credit to introducing an instrument of investment or a concept in the financial market. id what did they introduced ?
- Junk Bond
50) ndian Ocean : Maldives, Mauritius, Seychelles
Middle East : Bahrain, Jordan, Lebanon
North Atlantic : Bermuda
West Africa : Liberia
What is common to all these ?
- These are all Tax Havens Nation
49) Id the currency and nation it is of ?
- Drachma, Greece.
48) ID currency of which nation he appears on, he was also the student of Shankar Dayal Sharma, the former President of India. Id currency and person ?
47) A black knight is a company that makes a hostile takeover offer for the target company, A white knight makes a friendly takeover offer to a target company that is being faced with a hostile takeover. What is "Yellow Knight"?
- A company that was once making a takeover attempt but ends up discussing a merger with the target company.
46) In the world of business what is Key man Insurance Policy ?
- Insurance of any person employed by a company having a special skill set or substantial responsibilities and who contributes significantly to the profits of that organization.
45) Which magazine founded by a financial columnist of Hearst and GM of Wall street in mid 1910's. The motto of it is "The Capitalist Tool" Id this Bi-Weekly magazine I am talking about ?
- Forbes magazine
44) What is Gudiotti Rule in the world of Finance, named after Argentine deputy minister of Finance, Alan Greenspan widely publicized it in a speech at World Bank ?
- A country's reserves should equal short-term external debt
43) It is a type of policy briefing note, primary purpose of this briefing note is to support decision making. Other purposes that the briefing note can serve include: conveying information; informing decisions, making a request, providing a response to a question, making a suggestion, presenting an informal report, proposing a solution to a problem, or documenting a reference for future use. What is term it is which derived from a Latin word which means "something to be noted or remembered".
- Memorandum
42) What are Barometer Stock ?
- A security whose performance is considered to be an indicator of the performance of its particular sector or industry, or the market as a whole
41) How we know such fund which are put aside to make use when required but such funds are used for improper uses like bribes or for an illegitimate purpose specially by governments officers or large corporations (ex: an officer using donations money to pay for personal expenses.) What is the term used for such fund, which was coined in the 17th century in England, first-time term appeared in a publication "Rural Economy in Yorkshire" by Henry Best?
- Slush Fund
40) X was originally intended to facilitate reparations imposed on Germany by the Treaty of Versailles after World War I. The need to establish a dedicated institution for this purpose was suggested in 1929 by the Hilton Young Committee and his recommendation was accepted to set up X in 1930. ID what came in existence?
- Bank for International Settlements
39) Which Insurance company started in 1896, recently become the market leader in Bahrain and third largest player in the UAE?
- LIC
38) The Archaeological Survey of India along with respective departments has selected six monument for a special purpose these are "Stone Chariot of Hampi", "Red Fort","Sun Temple", "Taj Mahal", Goa Churches", "Padmapani Painting in Ajanta Caves". What is the purpose of selection of these World Heritage Sites?
- Chosen to be featured on new currency notes of the denomination of Rs. 10, Rs. 20, Rs. 50, Rs. 100, Rs. 500 and Rs. 1,000, respectively
- Sales Tax
36) 5) Where would you find these mark ?
- Mark found in Indian currency notes for visually impaired persons
35) Which currency is named after a waterfall which meaning is "Ridge of White Waters" in English located in "Walter Sisulu National Botanical Garden". Id the currency ?
- Rand Currency
34) This was a kind of allowance given to selected persons in India till 1970's which was ranged from 5K to 1 million. Later in late 1960's Govt. of India decided to abolish this allowance as it was causing revenue deficit to the Govt but failed in doing so. It was again proposed in 1971 then PM Indira Gandhi gave argument of equal rights for all citizens of India and successful in doing amendment in proposed law. Id what has been talked about ?
- Privy Purse (It was a payment made to the royal families of erstwhile princely states as part of their agreements to first integrate with India in 1947, and later to merge their states in 1949 whereby they lost all ruling rights)
33) These are the some kind of trademark symbol found on food products in 80 countries (trademark symbol may vary country to country). What is the significance of these sign and how do we know them ?
- Kosher Tax imposed on the Food Products by Jews Community.
32) This is a kind of phenomenon in the stock market, which show a brief recovery in the prices of a declining stocks or in other words a short rise in the prices of stocks which have been suffering a fall for a very long period. This is a phrase has been used on the Wall Street for such economic activity since 1985 when Singapore and Malaysia stock market showed a short recovery in its prices. Id what phrase is used to depict such situation into the market ?
- Dead Cat Bounce
31) These are the word said by a famous banker of his time who remained American Banker of the Year in early 2000's and did a prediction in 2003 (given below) after 5 year as per his commitment they didn't became Walmart but Bankrupt for sure. Id the bank it is ?
- Washington Mutual
30) Id the Co-Author ?
- Ragu Ram Rajan
29) Five artists submitted their proposals to design this artwork for X, It was Ram Kinkar Baij whose models and sketches were accepted. This artwork was in two part, one art form was drawn from the Mathura Museum and another one from the Calcutta Museum. Tell What art work I am describing about ?
- RBI and “Yaksha” and “Yakshini”
28) X Stock Exchange was established in 1991 as a vehicle to implement the government's plan for privatisation of large state-owned enterprises. As every person had the right to own company in this country. Govt introduced voucher system which were issued to nearly 2 million of its citizens who were of aged one or older than that. Auction of share started a year later, 1st day trading started with the turnover of 16,000 share . By 2010 this stock exchange was the world best performing stock exchange and in 2011 it was ranked secound best perfoming stock exchange in the world. Id which country stock exchange is this ?
- Mongolian Stock Exchange
27) Connect ?
26) This was incorporated in 1990 as a Section 25 company under the Companies Act 1956, this entity is known for introducing many novel concepts to the Indian capital markets such as screen-based nationwide trading, sponsorship of companies and scripless trading. Which famous entity I am talking about ?
- OTC Exchange India
- Christmas Price Index
- BRIC's
23) "Chiffrephile" is a term used for the people who are in the field of Economics and Finance. Who are these people, for whom this term is coined for?
- People who are lover of Figure.
22) Connect ?
- Human Development Index (HDI), created by Mahbub ul Haq and Amartya Sen in 1990
21) In 1987, Fearing the possibility of counterfeiting, the government of this country approved a new for the reverse side of its coin, replacing the voyageur with a aquatic bird found in many parts of North America and Eurasia, this is the size of a large duck or small goose and resembles these birds in shape when swimming, it is known as 'divers' in Great Britain. The coin was nicknamed as "X" across the country and became known as a 'huard'. This bird has subsequently gained iconic status within the country and is now regarded as a national symbol of this country as well. Id the currency of which country and by what nickname this coin is called in the country ?
- The Canadian one-dollar coin depicting Loon an aqatic bird and currency is nicknamed
loonie
loonie
20) The phrase was popularized by Peter Drucker in his book "The Effective Executive". And, with a footnote in the text, Drucker attributes the phrase to Austrian-American economist Fritz Machlup. What is phrase ?
- Knowledge Economy
19) This is a kind of phenomena (in pic) in the developed country reported at the time of recession in the country in which several luxury items demand increased. What is this phenomena is particular known as ?
- Lipstick Effect
- The Canadian one-dollar coin depicting Loon an aqatic bird and currency is nicknamed
loonie
loonie
17) Dominic Wilson, Anna Stupnytska and Roopa Purushothaman played an important role coining what term (In the news now a days) ?
- BRIC's
16) This commonly-used phrase stands for 'all other things being unchanged or constant'. In economics and finance, the term is used as a shorthand for indicating the effect of one economic variable on another, holding constant all other variables that may affect the second variable. Which two Latin words is this, economists use to express the meaning of 'all other things being unchanged or constant' ?
- Ceteris Paribus
- World Bank
14) Id the currency named after this bird ?
- Quetzal national bird and the name of the currency of Guatemala.
- Paying 3 percent interest on deposits, lending money out at 6 percent, and being able to "tee off at the golf course by 3 p.m
12) The term was officially adopted in Madrid in 1995. Which was coined by a Belgian Germain Pirlot, a former teacher of French and history. What is this term ?
- Euro
11) This is the second oldest central bank in the world. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”. Id which entity is this (logo in pic) ?
- Bank of England
10) In 1896 several banks in London and the English provinces, including Backhouse's Bank and Gurney's Bank, united as a joint-stock bank as a result what came in existence ?
- Barclays Bank
9) This Financial company launched one of the first mutual funds in India in 1994. However, its poor performance set back the mutual fund industry in India by a few years. Name the company I am talking about ?
- Moragan Stanley
8) What investment strategy was first taught by Ben Graham and David Dodd at Columbia Business School way back in 1928, which is used aggressively by stock broker today ?
- "Buy Cheap Sell High" or "Value Investing"
7) Which body govern the "Employee's Provident Fund Organisation of India" (EPFO) ?
- Central Board of Trustee
6) Connect ?
- Morgan Stanley. Company formed by JP Morgan Partners, Its founder Harold Stanley and Henry Morgan and book is about removal of its CEO.
5) Which Investment bank founded in 1869, pioneered the use of Commercial Paper since 1869 ?
- Goldman Sach
4) "Monetary Hawk and Monetary Dove" are the term commonly used in the US to describe members and nominees of the Federal Reserve Board of Governors (In UK and Indian even). What these term depict ?
- Tell the priority of the nominees are either they interested in reducing Inflation or reducing
Unemployment. ("dove" more concerned with unemployment than with inflation & vice-versa).
3) In 2013, The Economist mentioned________ as a Bitcoin alternative, noting that it "has shot up in price of late?
- Litecoin
2) Id the logo of which financial institution established 350 years back, This is the world's oldest Central Bank and the world's 4th oldest bank still in operation. Id this bank and its contribution in the world of Education ?
- Sveriges Riksbank also known as Bank of Sweden, known for set up Economics Noble Prize
1) What does TSB stand for in the Lloyds Bank TSB ?
- Trustee Saving Bank
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