Aloha Everyone,
Time for another quiz. This time on Business. See how many you can crack, without 'googling'. ;-)
1. What is the "cash for clunkers" program? ... Ans.) The federal "cash for clunkers" program - (Car Allowance Rebate System) - offered $3,500 to $4,500 to people who traded in an old car for a new one with higher fuel economy. The subsidy was intended to increase vehicle sales. It was also meant to prop up the American auto industry. Of course it is a different issue that the brand that was at the top of the list was Toyota!!! So much for improving American auto industry.
2. The online e-commerce giant eBay has, very recently, agreed to sell the majority stake in a ‘unit’ of its company. Name the unit. ... Ans.) eBay agreed to sell its Internet phone unit Skype for $1.9 billion. It still retains a 35-percent stake.
3. How did we know the Syndicate Bank pre-nationalization? ... Ans.) Canara Industrial and Banking Syndicate Ltd.
4. Who is the Director-general of the WTO? ... Ans.) Pascal Lamy
5. What was founded in 1960 with a handshake between Mark McCormack and golf legend Arnold Palmer? ... Ans.) IMG, the sports management group
And that is time up...
Please put down your answers in the Comments section.
Ciao
1)it is something related to the economic incentives given by US govt to its citizens for using fuel efficient cars.
ReplyDelete2) Skype
3)
4) Pascal lamy
5) formation of International management group i.e IMG
Great job Pankaj...
ReplyDeleteI knew 1, 3 and 4.
Third answer is 'Canara Industrial & Banking Syndicate Ltd'.
was established around 70-80 yrs ago. recently celebrated 75 yr anniversary i guess 5 yrs ago.
Cheers!
I guess i misunderstood the Cash-for-clunkers program.
ReplyDeletei thought it was something like an exchange offer. didnt know there were financial incentives to it.