Business Quiz conducted as part of IIT KGP's Intra KGP Quiz Week. The set was researched, and created by Harsh Agarwal and Mohit Tulsyan.

1. Biz Quiz
IIT Kharagpur Quiz Week
By –
Harsh Agarwal
Mohit Tulsyan

2. Prelims
25 Simple, Workoutable Questions

3. Quiz ka ShreeGanesh kiya jaaye.
A few days before Ganesh
Chaturthi which was on
August 25 2017, a unique
Ganesha sculpture was
making news. The six-feet-
tall masterpiece was made
of 500 kg of recycled
products (generic) of a
certain American company
X. Take a careful look at the
image and tell me what the
products were and the
company X.

4. SAFETY SLIDE, so that I don’t overshoot.

5. Spare Parts from Ford

6. Give me the funda behind Lady Dollars.
 The American Association of University Women (AAUW) is the USA’s leading voice
promoting equity and education for women and girls. Since their founding in 1881,
AAUW members have examined and taken positions on the fundamental issues of
the day — educational, social, economic, and political.
 Recently on 25th September 2017, they released something called Lady Dollars, a
web extension which on browsing through e-commerce websites shows the price
of everything incremented by around 20% in a pink box.

8. SAFETY SLIDE, so that I don’t overshoot.

9. A woman in general is paid approximately 20%
less than a man. The campaign tries to bring out
the problem and explain the difficulties because
of the above.

10. Check yourself out.
 One day the wife of a local labourer asked Jacob to make a pair of pants for her
husband that wouldn’t fall apart. Jacob tried to think of a way to strengthen his
trousers and came up with the idea to put ________at points of strain which were
caused by carrying heavy loads at work. Jacob quickly decided to take out a patent
on the process, but needed a business partner to help get the project rolling. He
immediately thought of Levi Strauss, from whom he had purchased the cloth to
make these durable pants.

11. SAFETY SLIDE, so that I don’t overshoot.

12. Metal Rivets

13. Testing your imagination. FITB.
 BARINGO county, in Kenya’s Rift Valley, is a hard place. Water is short in the dusty
bush, so businesses tend not to thrive. At the edge of Mogotio, a town of roadside
shops, hundreds of ______ graze along the road. They are waiting to be sold for
slaughter at the local abattoir. But one industry is booming. Most Kenyans turn up
their noses at the idea of eating them. But Chinese entrepreneurs have opened a
new market. In China ______ skins are used to make a gelatine, called ejiao, that is
used as traditional medicine. The meat is also a delicacy. The abattoir in Baringo
has been running for almost two years, slaughtering hundreds of _______ a day to
satisfy Chinese demand.

15. SAFETY SLIDE, so that I don’t overshoot.

16. Donkey

17. Bharat Mata ki Jai
 To celebrate the 68th Republic Day in India in 2017, Nissan did something
incredible at the Sambhar Lake in Rajasthan. Driving over the soft soil on a dry
section of the lakebed, the Nissan GT-R was able to create a record that the
patriotic section of our society may fall in love with. What was this record? Video
follows.

19. SAFETY SLIDE, so that I don’t overshoot.

21. Just give me Sotheby’s NYSE ticker
 Sotheby's is the world’s fourth oldest auction house in
continuous operation, with 90 locations in 40 countries. As of
December 2011, the company had 1,446 employees
worldwide. It is the world's largest art business with global
sales in 2011 totalling $5.8 billion. Sotheby’s has been uniting
collectors with world-class works of art since 1744. Sotheby’s
became the first international auction house when it
expanded from London to New York (1955), the first to
conduct sales in Hong Kong (1973), India (1992) and France
(2001), and the first international fine art auction house in
China (2012).

22. SAFETY SLIDE, so that I don’t overshoot.

23. BID

24. X and the tagline Y
 In August 2017, the Puerto Rico Tourism Company (PRTC) announced that X, was
the new global face of their upcoming international tourism campaign. PRTC will
launch the destination’s campaign with tagline Y showcasing that “the longer you
stay, the better it gets” by taking things slow as there are many wonders to
discover and experience on the Island.

25. SAFETY SLIDE, so that I don’t overshoot.

26. X: Luis Fonsi
Y: Despacito

27. Them Memories!
 Dude Perfect is an American sports entertainment group which routinely uploads
new video content to various YouTube channels. The members of the group hold
several Guinness World Records. Their YouTube channel is the 8th most subscribed
channel overall and the most subscribed sports channel on YouTube. In a video on
the next slide, you’ll watch Tyler from the group attempting to beat a previous
record of an activity. Just figure out what he’s trying to do.

29. SAFETY SLIDE, so that I don’t overshoot.

30. Longest LEGO Walk

31. What does “nghah lou dawr” mean?
 Mizo people are renown for their honesty, hospitality and serene approach to life.
They even have a Mizo term for it, tlawmngaihna, that means always being kind,
hospitable, unselfish and helpful to others. Mizos have indigenously developed a
novel kind of grassroots commerce that is all about goodwill and honesty – the
nghah lou dawr.
 The nghah lou dawr are a unique way to buy and sell harvested produce. It is a
common sight to see these shops along the highway in Seling, about 65
kilometers away from its capital Aizawl.
 At these shops, vegetables, fruits, flowers and other produce are kept for selling
with a rate list and a container into which customers can put the money. People
can be seen going through these items nonchalantly and then grabbing whatever
they need before putting the money they owe into the containers lying beside the
items.

32. SAFETY SLIDE, so that I don’t overshoot.

33. Shops without shopkeepers

34. No hints on this one.
 The Greeks and Romans in 600 A.D. organised guilds called “benevolent societies”
which cared for the families and paid funeral expenses of members upon death.
What concept originated out of it?

35. SAFETY SLIDE, so that I don’t overshoot.

36. Life Insurance

37. Taking offense like a pro.
 The Indian High Commission in Canberra protested to three Australian Federal
government departments over the following advertisement, which was launched
last year. Watch the ad and put funda as to what the protest was all about.

39. SAFETY SLIDE, so that I don’t overshoot.

40. Lord Ganesha eating lamb

41. Cakewalk. Give me X.
 The Olympics opening ceremony is
always a big show, and this year was no
exception, with X joining in on the fun
with a record-setting performance of
1,218 Shooting Star drones flying in sync
to create huge light-up images of
Olympic sports and the iconic Olympic
rings in the skies over Pyeongchang.
According to X, the 1,218-drone flight
set a record for “most unmanned aerial
vehicles airborne simultaneously,” more
than doubling X’s previous high water
mark of 500 drones flying together.

42. SAFETY SLIDE, so that I don’t overshoot.

43. Intel

44. X is <3
 Quoting a Washington Post article,
“It is easier to get into the Spotted Pig, a restaurant that has won multiple James Beard
Awards, than the Spotted Cheetah, a restaurant that incorporates X into all its dishes,
including the desserts. This pop-up restaurant, helmed by Food Network star Anne
Burrell, has more than 1,000 people on its wait-list. The eatery opened Tuesday and
closes on Thursday.”
The Spotted Cheetah was open in New York City from August 15-17, and had a three-
course menu including 11 dishes using nine flavors of X. The dishes cost between $8
and $22 each — not a bad deal if you're able to snag one of the limited tables.

45. SAFETY SLIDE, so that I don’t overshoot.

46. Cheetos

47. No, it doesn’t blow the arm up!
 We might not be seeing the wave just yet, but perhaps cricket is about to get more
than its toes wet. A group of young Pakistani engineers claims to have developed a
wearable technology that can measure certain parameters in an action in real time,
and so could potentially be used in match play. CricFlex, as the product is known,
consists of small motion sensors attached to a sleeve that a bowler can wear. The
device sends its readings to an app, either on a mobile phone or a computer,
immediately after the bowler has delivered. What does Cricflex do?

48. SAFETY SLIDE, so that I don’t overshoot.

49. Checks if the bowler is chucking

50. These are the rules to which newly launched,
appropriately named, card game?
 2-4 players draw cards, whoever has the highest number is the dealer. The dealer then
deals everyone seven cards each and takes two cards from the deck and places them
face up next to each other (this is the "center row")
 The player to the left of the dealer starts the play and can then do several things with
their hand and the center row: you can place down a card that matches one of the
center row cards' numbers or place down two cards that add up to one of the center
row cards' numbers (players can only place cards once on each row).
 If you match the color of one of the cards in the center row, you get to place a card
face-up in the center row at the end of your turn. If you match the colors of both center
row cards, you get to put a card down at the end of your turn and the other players
have to pick up an extra card.
 The product is being marketed as “World’s #2 Card Game”

51. SAFETY SLIDE, so that I don’t overshoot.

53. ID the recently “dethroned” man.
 In 2014 in an interview with Bloomberg :
"Bitcoin is exciting because it shows how cheap it can be, Bitcoin is better than currency in
that you don't have to be physically in the same place and, of course, for large transactions,
currency can get pretty inconvenient. Cryptocurrencies like bitcoin can be used to buy things
without a middleman, meaning there's less need for a bank. While the traditional banking
system can charge high transaction fees, bitcoin can allow global transactions to take place at
a lower cost.”
 In 2015 in an interview with Backchannel :
“… make moving money between countries easier and getting fees down pretty dramatically
… bitcoin won't be the dominant system …. We need things that draw on the revolution of
bitcoin, but bitcoin alone is not good enough.“
 On 27th Feb, 2018 in his 6th Reddit AMA :
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing.
The Governments ability to find money laundering and tax evasion and terrorist funding is a
good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is
a rare technology that has caused deaths in a fairly direct way. I think the speculative wave
around ICOs and crypto currencies is super risky for those who go long.”

54. SAFETY SLIDE, so that I don’t overshoot.

55. Bill Gates

56. What did Darwin do?
 Charles Darwin is one of the most influential humans to have ever lived.
However, we oft forget one of his innovations that we use everyday.
 An aging Darwin in his study had to quickly reach specimens to study
them, so he did something quirky with his furniture.
His innovation, today, can be found in all lecture theatres, administrative
offices and cubicles all around the world.

57. SAFETY SLIDE, so that I don’t overshoot.

58. Added wheels to his chair, giving rise to
the modern Office Chairs

59. Workoutable AF! Just give me the
company.
 Stephen Marks, who started this business in 1969 as the Stephen Marks
brand, established AB in 1972 – around a year or two after the film of the
same name was released. He said the name came about because he
managed to acquire a large shipment of Indian cheesecloth shirts – via a
French contact – that could be resold in the British Isles at a large profit.
The business expanded into menswear in 1976.
Which company ABCD?

60. SAFETY SLIDE, so that I don’t overshoot.

61. French Connection – United Kingdom

62. Origin of what? Also, ID X and Y.
 “I was doing a program and I began to feel that these politicians are
not taking what I am saying seriously. They started thinking,
compared to other editors who were much more senior, I was
stepping out of line and asking too many questions. In order to
give legitimacy to what I was saying, I said this is not just X[5] W[5]
T[2] K[4]. While interviewing a politician named Praful Patel who
kept dodging the questions, I said the N[6] W[5] T[2] K[4]. And it
worked. After which I thought why not do it again and again.”
 X is a primary investor in an entity Y, whose slogan is “You are Y[8],
we are your voice.”

63. SAFETY SLIDE, So that I don’t overshoot.

64. Nation wants to know.
X – Arnab and Y – Republic TV

65. ID W and X
 In 1966, X returned to India from Stanford where he was pursuing an engineering
degree, to take care of his father’s sunflower oil business.
 In 1980s, the Janata regime, via FERA, made it difficult for MNCs to profit, and IBM
was among the various MNCs that were thrown out of India.
 Following the expulsion of IBM, then primary supplier of electronic hardware to the
Indian market, X seized the opportunity to fill the vacuum in India’s IT sector, and
established W, a company which had something in its earlier logo, which was
changed in a very recent revamp, that reflected the founder’s heritage.

66. SAFETY SLIDE, so that I don’t overshoot.

68. Delivers political statements through socks
Stance has become the go-to
hosiery of Hollywood actors, hip-hop
stars, pro athletes, skateboarders,
motocrossers and now at least one
global leader. The San Clemente,
California, startup accomplished this
by by cultivating a roster of celebrity
investors, who promote the brand to
fans. Last year, A single image from
the United Nations General
Assembly drew almost as much buzz
as discussions about North Korea
and climate change: It involved a
pair of Chewbacca socks. Simply
name the person wearing this pair of
socks.

69. SAFETY SLIDE, so that I don’t overshoot.

70. Justin Trudeau

71. Talk about male ego.
 On 4 May 1951, Sir Hugh Beaver, then the MD of a brewery, went on a
shooting party in North Slob, Ireland. He became involved in an argument
over which was the fastest game bird in Europe. That evening, he
realised that it was impossible for him to confirm from a reference book.
What did this lead to the development of? The brewery’s storehouse in
Dublin is a popular tourist spot.

72. SAFETY SLIDE, so that I don’t overshoot.

73. Guinness Book of World Records

74. Give me X
 X, a cyber security company, launched a fragrance line last year. Described
as 'threatening yet provocative' the rather disturbingly named Threat de
Toilette comes, like all the best scents, in pour femme and pour homme
versions.
 "Fear awakens our senses," says David Emm, X’s principal security
researcher and face of the new scent. "The men and women who wear
Threat de Toilette understand today's online threats and protect
themselves against them. Fear is no longer felt only in the physical world -
- it's all around us in our connected lives too and we need to make sure
we're constantly protected."
 Scents in the range include; Ransom (reassuringly expensive), Social
Enginoir, Mal-wear, and Phish.

75. SAFETY SLIDE, so that I don’t overshoot.

76. Kaspersky Labs

77. Very Recent News. Just need 2 keywords.
The various speculations on the naming include:
 It’s likely that X will invest in startups in that magic number between 10 and 100
employees (the magic growth stage for startup companies)
 It could be a reference “Googol” or “10 to the power 100.”
A quick visit to The Truckers Place, "an information site for many of the Truckers
needs," shows that 10-100 stands for "bathroom break.“ A twitter user responded to
X’s announcement as follows

78. SAFETY SLIDE, so that I don’t overshoot.

79. Travis Kalanick starting the 10100 Fund

80. #KnowYourQM_Question(1)
What deal am I talking about?
 Société Générale S.A. is a French multinational banking and financial services
company headquartered in Paris. The company is a universal bank and has
divisions supporting French Networks, Global Transaction Banking, International
Retail Banking, Financial services, Corporate and Investment Banking, Private
Banking, Asset Management and Securities Services.
 They were part of a €222m deal that shocked the world of sports.

82. SAFETY SLIDE, so that I don’t overshoot.

83. Neymar Jr.’s transfer from FC Barcelona to
PSG