Q 1. What are “NINJA” loans in mortgage loans market ?
Ans : No Income, No Jobs or Assets.
Q 2. Which fund-house specializes in exchange-traded funds in India ?
Ans : Benchmark mutual fund
Q3. If you are tracking the CAC 40, which country’s market would you be following ?
Ans : Paris Bourse, France.
Q4. IPO is Initial Public Offer, what is FPO ?
Ans: Follow-on public offer.
Q5. Which two well-known companies have been removed from the Dow Jones Industrial average in 2009 ?
Ans : Citibank and General Motors
Q6. Name the author of the book, The Power of Gold: The History of an obsession .
Ans : Peter Bernstein
Q7. Which company owns the Multi-commodity exchange MCX. This exchange has been recently given permission to set-up an all India stock exchange.
Ans : Financial technologies.
Q8. Inspired by Noel Stevenson’s novel Snow Crash, this is a virtual world on the net. In this virtual world, residents interact with each other through avatars and even create and trade in virtual property. Name it.
Ans : Second Life
Q9. What innovation did Prof Sanjay Sharma of MIT do to bring about a revolution in supply-chain management ?
Ans; He brought down the cost of RFID tags from $ 2.50 to $ 0.05. RFID tags are fast replacing bar-codes.
Q10. With which innovation is the famous Tamil writer and novelist Sujatha Rangarajan associated with ? He also wrote the script and dialogue for movies like Sivaji and Dasvatharam.
Ans : Electronic Voting machines. He worked as an engineer with Bharat Electronics Limited, where he worked on EVMs.