Current Events Test

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  • 7/31/2019 Current Events Test

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    Current Events Test:

    1. Current Chairman of the Federal Reserve: Ben Bernanke

    2. Current Secretary of the US Treasury: Timothy Geithner

    3. Current International Monetary Fund President: Christine Lagarde

    4. Current German Chancellor: Angela Merkel

    5. Current Italian Prime Minister: Mario Monti

    6. Current French President: Francois Hollande

    7. Current Russian President: Vladimir putin

    8. Current Russian Prime Minister: Dmitry Medvedev

    9. Current Chinese President: Hu Jintao

    10. JPMorgan CEO currently under investigation for hedging losses: Jamie Dimon

    11. Goldman Sachs CEO: Lloyd Blankfein

    12. Latest Ponzi Schemer: Bernard Madoff

    13. Recently closed its last factory in Finland: Nokia

    14. Present move by the Federal Reserve (buying longer-term bonds and selling shorter-term notes and bills):

    _______________________

    15. Ruling party that won in the recent Greek elections: Pro-bailout party

    16. Republican competitor of Barack Obama for the presidency: Mitt Romney

    17. When is the monthly jobs report of the US?: _______________________

    18. TIPs?: Turkey, Indonesia, Philippines

    19. PIGS?: BRICS?: Portugal, Italy, Greece and Spain (PIGS): Brazil, Russia, India, China and South Africa (BRICS)

    20. 3 major US indices: DJIA, NASDAQ, S&P

    21. NFLX, CHK, RIMM, AAPL?: Netflix, Inc.; Chesapeake Energy Corporation; Research in Motion Limited; Apple Inc.

    22. 1st interest rate cut of China after 4 years, how many basis points?: 25 basis points

    23. BSP Monetary Board cuts how many basis points to what interest rate?: 25 BP to 4% overnight borrowing or RRP and6% overnight lending (RP)

    24. Latest contender in the Tablets market?: Microsoft

    25. Biggest IPO in US so far this year: Facebook

    26. Is a United States federal law that places regulation of the financial industry in the hands of the government. The

    legislation, enacted in July 2010, aims to prevent another significant financial crisis by creating new financial regulatory

    processes that enforce transparency and accountability while implementing rules for consumer protection.: Dodd-Frank

    Wall Street Reform and Consumer Protection Act

    27. Philippine Economic Team:

    a. Bangko Sentral ng Pilipinas Governor: Amando Tetangco Jr.

    b. NEDA Chief: Arsenio Balisacan

    c. Secretary of Finance: Cesar Purisima

    d. Secretary of Budget and Management: Florencio Abad

    e. Secretary of Trade and Industry: Gregory Domingo

    f. Secretary of Public Works and Highways: Rogelio Singson

    g. Secretary of Agriculture: Proceso Alcala

    h. Secretary of Energy: Jose Rene Almendras