QUIZ

7th Feb 2012

In the world of trade and commerce what is special about the commissioning of Monte dei Paschi si Siena in Italy in 1742?

First trading bank in the world

Which bank is promoted by 20th Century Finance Corporation and Keppel Tatlee Bank of Singapore in India?

Centurion Bank

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

Amortization

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

Economy

What is known as the cost of living index which represents the goods and services purchased by consumers?

CPI

How ABN-AMRO bank got it's present name?

ABN Algemene Bank Netherland AMRO Amsterdamsche Bank and Rotterdamsche Bank

Name the first Indian woman CEO of a Foreign Bank?

Tarini Vaidya of KBC bank India & South Asia

industry and often referred as the Father of Index Fund investing. He created the first S&P 500 Index fund. Identify this famous person?
John Bogle

Who founded the famous Wall Street Journal?

Charles Dow and Edward Jones

In Indian economic scenario what significant reform was introduced by the Indian Government on April 1, 1957?

Decimal Coinage System Introduced

Which financial services giant is referred as the "Thundering Herd"?

Merrill Lynch

What is an unusual service offered by Bank of Baroda at Tirupati?

Sells Prasada

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

Money Laundering

What is the exchange rate of one currency for another over a fixed period of time called?
SWAP or Currency Swap

In which country's coins you can found the following lines imprinted, 'This is the root of all evils' ?

The Vatican State

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

Lucas Pacioli

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

Amartya Sen

What is known as the purchase of insurance against losses because of currency fluctuations?
Hedging

Which successful investor is popularly known as "The Oracle of Omaha"? And his famous quote is "Rule No.1: Never loss money, Rule No.2: Never forget the Rule No.1"
Warren Buffet

What do you call when a firm's actual bank balance is greater than the balance shown in the firm's book?
Payment Float

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

What does 'Asset Tripping' mean?

Buying a company to sell its assets

What is a 'Credit Crunch'?

Supply of credit falls though there Is sufficient demand

What is the rate of interest at which short-term funds are exchanged between banks in London called?
LIBOR

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?
Nostro Account

Which country's foreign market is known as 'Rembrandt Market'?

The Netherlands

Where is the European Central Bank located?

Frankfurt, Germany

Which country's currency is known as Drachma, which in Greek means 'to grasp'?

Greece

CAMEL is an effective system of rating by the banks. The model insists five main criteria and based on these the financial health is evaluated on a scale of highest to lowest, 1 to 5. In that A means 'asset quality', M means 'management' and L for 'liability', then what are C and E refer?
Capital Adequacy and Earnings

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

PHOTO GUESS