QUIZVittarth – The Finance Club

Who founded the famous Wall Street Journal?

A) Charles Dow and Edward JonesB) Peter DimondC) George MarshallD) Dale Moortensen

Answer: A) Charles Dow and Edward Jones

Which Financial Services giant is known as the Thundering Herd?

A) Goldman SachsB) JP Morgan ChaseC) Merill LynchD) Lehman Brothers

Answer: C) Merill Lynch

What term became popular after the newspaper report of Watergate Scandal in the year 1973?

A) Money LaunderingB) HavalaC) Money HoardingD) Red Herring

Answer: A) Money Laundering

Name the person who introduced the 'Double Entry' book keeping concept?

A) Lucas PacioliB) Henry FayolC) Richard stoneD) Franco Modigliani

Answer: A) Lucas Pacioli

Name the term used for depreciating a company's intangible assets?

A) AmortizationB) DepreciationC) NominalizationD) None of the Above

Answer: A) Amortization

This term is derived from the Greek word 'Oikanomia' means "House Management". What is it?

A) FinanceB) Hotel ManagementC) EconomicsD) None of the above

Answer: C) Economics

Name the first Indian woman CEO of a Foreign Bank?

A) Tarini VaidyaB) Naina Lal KidwaiC) Indra NooyiD) Chanda Kochhar

Answer: A) Tarini Vaidya

He is the pioneer in mutual fund industry and often referred as the Father of Index Fund investing. He created the first S&P 500 Index fund. Identify this famous person?A) John BogleB) James TobinC) Lawrence KleinD) Herbert Simon

Answer: A) John Bogle

Name India's largest Mutual Fund scheme which had a troublesome run and make the investors unhappy?

A) US-64 UTIB) Open Ended SchemeC) Index SchemeD) US-69 UTI

Answer: A) US-64 UTI

Name this famous personality who founded Pratichi Trust with the use of his Nobel Prize money?

A) Amartya SenB) Hargobind KhuranaC) V S NaipaulD) Venkatraman Ramakrishnan

Answer: A) Amartya Sen

Currency trivia. In India where is the Paper for the currency manufactured?

A) Security Paper Mill, Hoshangabad, MPB) Currency Paper Mill, KhadagvaslaC) Imperial Paper Industry, PimpriD) None

Answer: A) Security Paper Mill

What do you call when a firm's actual bank balance is greater than the balance shown in the firm's book?A) Payment FloatB) Overfull StateC) Flooding PhenomenonD) High Tide Firm

Answer: A) Payment Float

Which word was derived from the French word Bougette meaning 'Little Bag'?

** Chocolate Question

Answer: Budget

What is known as the working balance in foreign currency maintained by a bank in Country X with its correspondent bank in Country Y to facilitate delivery or receipt of currencies?A) Vostro AccountB) Nostro AccountC) Alien AccountD) None

Answer: B) Nostro Account

In 1921 the three Presidency Banks in India named Bank of Bengal, Bank of Bombay and Bank of Madras were amalgamated to form which other Bank?A) Bank of BarodaB) Reserve Bank of IndiaC) State Bank of IndiaD) Central Bank

Answer: C) State Bank of India

Which is India's first Credit Rating Agency set up jointly by LIC, GIC, UTI, ICICI and Asian Development Bank in January 1988?

A) CRISILB) ORG MargC) NielsonD) CNX

Answer: A) CRISIL

What does NASDAQ stands for?

A) National Association of Securities Dealers Automated QuotationsB) National Association for Software Dealing in Automated QuotationsC) National Association in Security Dealing by Automated QuotationD) National Association of Software Dealers Automated Quotations

Answer: A

Which exchange sports the tagline ' The world Invests in us‘

A) LSEB) NYSEC) DowJonesD) BSE

Answer: B) NYSE

The first Stock Market in the world?

A) NYSE, USAB) Antwerp, BelgiumC) BSE, IndiaD) Tokyo Stock Exchange, Japan

Answer: B) Antwerp, Belgium

Who is the newly appointed IMF chief?

A) Chrisitne LagardeB) Pascal LamyC) Jeff ImmeltD) Strauss Kahn

Answer: A) Christine Lagarde

Write the name of the country and stock exchanges whose flag has been displayed.

Answers:

A) Brazil: BovespaB) Germany: DAX/ Deutsche BorseC) Hong Kong: Hang Seng/ Hong Kong Stock

Exchange

Kindly identify the gentleman, and the position he holds.

Answer: Ben Bernarke, Chief , Federal Bank

Kindly identify the gentleman and the name of the organization of which he is the chairman.

Answer: N C Jha, Chairman, Coal India Ltd.

Kindly identify the gentleman and the name of the regulatory body he heads.

Answer: U K Sinha, SEBI Chief