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Quizzer's Dilemma Prelims

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Page 1: Quizzer's Dilemma Prelims
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PRELIMS

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RULES-1. 20 questions in the Prelims. 2. Star marked questions will be used as tie breakers.3. Questions numbered 1,5,10 and 15 are star marked. 4. The quiz will predominantly be an Economics and business quiz. But will tangentially touch upon tech, history, politics and entertainment.5.The decision of QM is final and binding.

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1*. Connect.

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2. X was formed in November 30, 1999, by the merger of two companies. X has drawn criticism for funding organizations that are sceptical of the scientific opinion that global warming is caused by the burning of fossil fuels. Questions have been raised about the legality of the company’s foreign business practices. Critics note that X increasingly drills in terrains leased by dictatorships. The Human Rights Campaign, an LGBT lobbying group and political action committee, gave X a score of "-25", the first and only negative score, in its Corporate Equality Index, a scorecard that rated 1000 companies on several criteria including diversity training.A July 2012 review of Steve Coll's book, Private Empire: X and American Power, in The Daily Telegraph says that he thinks that X has "grown into one of the planet’s most hated corporations, able to determine American foreign policy and the fate of entire nations"Id.

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3. The __________ agreement took place on May 17, 1792 under a __________ tree. It was signed by 24 brokers outside of 68 Wall Street. The organization drafted its agreement formally on March 8, 1817 and named itself something. The name was shortened in 1863 to its modern form. Name the agreement and what resulted thus?

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4. Gunpei Yokoi was once just an assembly line worker at a _____ factory. But armed with inventiveness and his education, Yokoi started tinkering around in his free time. His invention gained the notice of his boss. In his free time, Yokoi acted as the company’s janitor, before his invention eventually earned him superstar status. What did he invent?

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5*. McDonaldland was a fantasy world used in the marketing for McDonald's restaurants. McDonaldland was inhabited by Ronald McDonald and other characters. In addition to being used in advertising, the characters were used as the basis for equipment in the playgrounds attached to some McDonald's. In 2003 as a part of the realignment of their marketing strategy, Mcd dropped all characters other than Ronald Macdonald. Two such characters are shown on the next slide. Id them.

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6. Under the commonly accepted and understood Three world model, nations were categorized in the following manner:- First World: United States, United Kingdom and their allies.- Second World: Soviet Union, China, and their allies.- Third World: neutral and non-aligned countries. However X in his separate three world theory posited that international relations comprise three politico-economic worlds: the first world consisting of superpowers, the second world of lesser powers, and the third world of exploited nations. The Three Worlds Theory was first explained in a speech to the United Nations at the special session of the United Nations General Assembly on the problems of raw materials and development justifying _____'s cooperation with non-communist countries. ID X.

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7. Connect the following books: The End of Power: From Boardrooms to

Battlefields and Churches to States, Why Being In Charge Isn’t What It Used to Be

The Better Angels of Our Nature: Why Violence Has Declined

Gang Leader for a Day: A Rogue Sociologist Takes to the Streets

On Immunity: An Inoculation Creativity, Inc.: Overcoming the Unseen Forces

That Stand in the Way of True Inspiration The Structure of Scientific Revolutions The Three-Body Problem Portfolios of the Poor: How the World's Poor Live

on $2 a Day Why Nations Fail: The Origins of Power,

Prosperity, and Poverty The Varieties of Religious Experience: A Study in

Human Nature

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8. Connect – Knol, Fast Flip, Jaiku, Sidewiki, Flu Vaccine Finder and Picnik

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9. What does this matrix refer to? The theory being depicted here is called ____ equilibrium. Give the name of the mathematician who developed it. (Half points for the mathematician, half for the reference)[Image on next slide]

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10*. ______ _______ was an economic bubble during the Dutch Golden Age. According to Wikipedia, “The term ‘______ _______ ‘ is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.” In 1593, X were brought from Turkey to Holland and the Dutch fell in love with them. At the height of this phenomenon in late 1636, some varieties of X were worth more than a house in Amsterdam. This over-inflated price could obviously, not last long and prices soon dropped to one-hundredth of this value.

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11. Prelude FLNG is a very large floating liquefied natural gas project for Royal Dutch Shell. It is the largest vessel ever made. It is 488 metres (1,601 ft) long, 74 metres (243 ft) wide, and made with more than 260,000 tonnes of steel. In operation, it would weigh more than 600,000 tonnes; more than five times the weight of the largest aircraft carrier. It is built by X. ID

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12. In 2009 __X__ launched a campaign that if you unfriended 10 friends on Facebook you were entitled to a free whopper. The ex-friend would receive a message explaining that their friendship was less valuable than a whopper. The advertising program dubbed "Whopper Sacrifice", was stopped after a week when Facebook cancelled the Whopper Sacrifice account as a violation of its user privacy policy. This was despite the fact that the Burger King application was downloaded 60,000 times and 200,000 people were defriended. The company's final advertising campaign for the company was its "Whopper Lust" commercial which was a cross promotion with DirectTV. The promotion had an image of a Whopper on channel 111, and for every 5 minutes the image remained on the TV a free Whopper coupon would be sent to the subscriber. By the end of the promotion, over 50,000 coupons were distributed. Id

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13. www.yadayadayadaecon.comis a website started by Linda S. Ghent, a Professor and Chair in the Department of Economics at Eastern Illinois University. The site uses clips and scenes form the TV show X to make students understand some basic concepts of economics. This is what the homepage of the website says – “It is the simplicity of X that makes it so appropriate for use in economics courses. Using these clips (as well as clips from other television shows or movies) makes economic concepts come alive, making them more real for students. Ultimately, students will start seeing economics everywhere – in other TV shows, in popular music, and most importantly, in their own lives.” ID X.

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14. IBM X  is a question answering computer system capable of answering questions posed in natural language. The computer system was specifically developed to answer questions on the quiz show Jeopardy!. X has access to 200 million pages of structured and unstructured content consuming four terabytes of disk storage including the full text of Wikipedia.One of the prime utilities of the system is preventing bank frauds and internet security. In January 2016, IBM came out with an advertisement that shows a dialogue between former conman and convicted felon turned FBI consultant Frank Abignail Jr. and X. Images from the advertisement are shown on the next slide. ID X and give us how Abignail came in the public spotlight 14 years back.

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15*. What has been blanked out?

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16. At the Google for India event, Google CEO Sundar Pichai mentioned about their project to provide Wi-Fi facilities at 400 stations across the country. Which telecom wing of Indian Railway signed this agreement with the subsidiary of Google India for the same? This corporation is also a Miniratna

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Identify economic references/issues/theories in questions 17&18.

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17 .

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18.

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Identify the logo in questions 19&20.

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19.

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20.

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1*. Connect.

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Ans - Ronald Regan. He starred as the lead in the 1942 Best Picture nominated Kings Row. Laffer curve and trickle down economics were an important part of Reaganomics which refers to the economic policies promoted by U.S. President Ronald Reagan during the 1980s.

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2. X was formed in November 30, 1999, by the merger of two companies.X has drawn criticism for funding organizations that are sceptical of the scientific opinion that global warming is caused by the burning of fossil fuels. Questions have been raised about the legality of the company’s foreign business practices. Critics note that X increasingly drills in terrains leased by dictatorships. The Human Rights Campaign, an LGBT lobbying group and political action committee, gave X a score of "-25", the first and only negative score, in its Corporate Equality Index, a scorecard that rated 1000 companies on several criteria including diversity training.A July 2012 review of Steve Coll's book, Private Empire: X and American Power, in The Daily Telegraph says that he thinks that X has "grown into one of the planet’s most hated corporations, able to determine American foreign policy and the fate of entire nations"Id.

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ExxonMobil

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3. The __________ agreement took place on May 17, 1792 under a __________ tree. It was signed by 24 brokers outside of 68 Wall Street. The organization drafted its agreement formally on March 8, 1817 and named itself something. The name was shortened in 1863 to its modern form. Name the agreement and what resulted thus?

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Ans - Buttoonwood agreement and NYSE Board

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4. Gunpei Yokoi was once just an assembly line worker at a _____ factory. But armed with inventiveness and his education, Yokoi started tinkering around in his free time. His invention gained the notice of his boss. In his free time, Yokoi acted as the company’s janitor, before his invention eventually earned him superstar status. What did he invent?

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Game Boy

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5*. McDonaldland was a fantasy world used in the marketing for McDonald's restaurants. McDonaldland was inhabited by Ronald McDonald and other characters. In addition to being used in advertising, the characters were used as the basis for equipment in the playgrounds attached to some McDonald's. In 2003 as a part of the realignment of their marketing strategy, Mcd dropped all characters other than Ronald Macdonald. Two such characters are shown on the next slide. Id them.

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Ans – Officer Bigmac and Hamburglar

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6. Under the commonly accepted and understood Three world model, nations were categorized in the following manner:- First World: United States, United Kingdom and their allies.- Second World: Soviet Union, China, and their allies.- Third World: neutral and non-aligned countries. However X in his separate three world theory posited that international relations comprise three politico-economic worlds: the first world consisting of superpowers, the second world of lesser powers, and the third world of exploited nations. The Three Worlds Theory was first explained in a speech to the United Nations at the special session of the United Nations General Assembly on the problems of raw materials and development justifying _____'s cooperation with non-communist countries. ID X.

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Ans – Mao Zedong

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7. Connect the following books: The End of Power: From Boardrooms to

Battlefields and Churches to States, Why Being In Charge Isn’t What It Used to Be

The Better Angels of Our Nature: Why Violence Has Declined

Gang Leader for a Day: A Rogue Sociologist Takes to the Streets

On Immunity: An Inoculation Creativity, Inc.: Overcoming the Unseen Forces

That Stand in the Way of True Inspiration The Structure of Scientific Revolutions The Three-Body Problem Portfolios of the Poor: How the World's Poor Live

on $2 a Day Why Nations Fail: The Origins of Power,

Prosperity, and Poverty The Varieties of Religious Experience: A Study in

Human Nature

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Ans – Mark Zuckerberg Book Club

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8. Connect – Knol, Fast Flip, Jaiku, Sidewiki, Flu Vaccine Finder and Picnik.

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Ans - Defunct Google services

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9. What does this matrix refer to? The theory being depicted here is called ____ equilibrium. Give the name of the mathematician who developed it. (Half points for the mathematician, half for the reference)[Image on next slide]

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Ans: Reference to the bar scene from the movie ‘A Beautiful Mind’. Mathematician is John Forbes Nash Jr. and theory is Nash’s

Equilibrium

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10*. ______ _______ was an economic bubble during the Dutch Golden Age. According to Wikipedia, “The term ‘______ _______ ‘ is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.” In 1593, X were brought from Turkey to Holland and the Dutch fell in love with them. At the height of this phenomenon in late 1636, some varieties of X were worth more than a house in Amsterdam. This over-inflated price could obviously, not last long and prices soon dropped to one-hundredth of this value.

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Ans- Tulip Mania

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11. Pelude FLNG is a very large floating liquefied natural gas project for Royal Dutch Shell. It is the largest vessel ever made. It is 488 metres (1,601 ft) long, 74 metres (243 ft) wide, and made with more than 260,000 tonnes of steel. In operation, it would weigh more than 600,000 tonnes; more than five times the weight of the largest aircraft carrier. It is built by X. ID

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Ans – Samsung

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12. In 2009 __X__ launched a campaign that if you unfriended 10 friends on Facebook you were entitled to a free whopper. The ex-friend would receive a message explaining that their friendship was less valuable than a whopper. The advertising program dubbed "Whopper Sacrifice", was stopped after a week when Facebook cancelled the Whopper Sacrifice account as a violation of its user privacy policy. This was despite the fact that the Burger King application was downloaded 60,000 times and 200,000 people were defriended. The company's final advertising campaign for the company was its "Whopper Lust" commercial which was a cross promotion with DirectTV. The promotion had an image of a Whopper on channel 111, and for every 5 minutes the image remained on the TV a free Whopper coupon would be sent to the subscriber. By the end of the promotion, over 50,000 coupons were distributed. Id

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Ans – Hungry Jacks

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13. www.yadayadayadaecon.comis a website started by Linda S. Ghent, a Professor and Chair in the Department of Economics at Eastern Illinois University. The site uses clips and scenes form the TV show X to make students understand some basic concepts of economics. This is what the homepage of the website says – “It is the simplicity of X that makes it so appropriate for use in economics courses. Using these clips (as well as clips from other television shows or movies) makes economic concepts come alive, making them more real for students. Ultimately, students will start seeing economics everywhere – in other TV shows, in popular music, and most importantly, in their own lives.” ID X.

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Seinfeld

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14. IBM X  is a question answering computer system capable of answering questions posed in natural language. The computer system was specifically developed to answer questions on the quiz show Jeopardy!. X has access to 200 million pages of structured and unstructured content consuming four terabytes of disk storage including the full text of Wikipedia.One of the prime utilities of the system is preventing bank frauds and internet security. In January 2016, IBM came out with an advertisement that shows a dialogue between former conman and convicted felon turned FBI consultant Frank Abagnale Jr. and X. Images from the advertisement are shown on the next slide. ID X and give us how Abagnale came in the public spotlight 14 years back.

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Ans – X – WatsonFrank Abagnale got his shot to

fame after his portrayal by Leonardo Di Caprio in ‘Catch Me If

You Can’

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15*. What has been blanked out?

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Ans – The Hindu

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16. At the Google for India event, Google CEO Sundar Pichai mentioned about their project to provide Wi-Fi facilities at 400 stations across the country. Which telecom wing of Indian Railway signed this agreement with the subsidiary of Google India for the same? This corporation is also a Miniratna.

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Identify economic references/issues/theories from question 16-18.

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17.

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Quantitative Easing

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18.

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Abenomics

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Identify the logo in questions 19&20.

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19.

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20.

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Finals Will Begin Shortly!