Quiz Miscellany 2

29 12 2009

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

– G. Mohan


Quiz on Vintage Indian Ads

16 12 2009

Q1. Kanchan Choudhury, India’s first woman DGP inspired a TV serial where the lead role was played by her sister. The sister is known to millions of Indians as Lalitaji of Surf. Name her.

Ans : Kavita Choudhary. Udaan

Q2. David Whitbread, model coordinator and production stylist played the role of which popular ad character for over 14 years?

Ans: Onida Devil
Q3. Film stars Ayesha Takia and Shahid Kapoor together appeared in which ad as kids?

Ans: Complan
Q4. Karen Hishey teaches school children in New Zealand. What is her connection to Indian advertising?

Ans : Karen Hishey nee Lunel was the original Liril girl

Q5. Tiger Pataudi was the Gwalior Suitings man, Sunil Gavaskar appeared for Dinesh Suitings, Digjam had Shekhar Kapur. Which brand did Vivian Richards and Ravi Shastri endorse?

Ans : Vimal
Q6. Ved Pal Sharma composed music for films such as Souten ki Beti. His most famous creation was for an ad. Identify.

Ans : Nirma. Ved Pal composed the much recalled ‘Washing Powder Nirma’
Q7. Jeevan and Hanu, the kid and the monkey were two cartoon characters that educated kids on which company in the 80s?

Ans : LIC

Q8. Kanwarjit Paintal known for playing Shikhandi in Mahabharat TV serial, appeared in which vintage bulb ad?

Ans : ECE bulbs
Q9. Vicks ki goli lo, khich khich door karo. This ad for Vicks where Jayant Kriplani appeared along with a little girl made Jayant famous. The little girl grew up to be an actress and anchor. Name her.

Ans : Ishita Arun, daughter of Ila Arun

Q10. Cricketer Farokh Engineer and Kishore Kumar have both endorsed which brand now owned by Sara Lee?

Ans : Brylcreem
Q11. Ankita Jhaveri currently based in LA made her mark as a star in Telugu film industry. How did she become darling of millions of people in India, much before she entered the film industry?

Ans : She is the ‘I love you Rasna’ girl.
– Reproduced from Deccan Chronicle

Should Online CAT 2009 be Scrapped?

7 12 2009

The first online Common Admission test (CAT) for IIMs this year, has been a major source of embarrassment for the IIMs. So much so, that this issue has been raised in the parliament. Sushma Swaraj, the BJP leader made a witty remark “CAT Ko Mouse Kha Gaya.” It may be a source of amusement for the politicians, but for the over 2.5 lakh CAT aspirants it has been a source of anxiety.

So what are the problems. Pagalguy .com a popular MBA aspirants’ community site, has compiled this list of complaints based on their users’ mails. A summary is presented below:

  • Screens going blank in between the test
  • Reboots and ’svchost.exe’ errors
  • Noise and commotion caused in the lab due to the above
  • People in some labs getting extra time to solve questions while the above problems were being rectified
  • Some features of the testing software (review button, display of questions) not working as intended on some computers
  • Questions being leaked in various private channels. While moderated channels like PaGaLGuY are leaving no stoned unturned in respecting the non-disclosure clause, several other un-moderated social networks such as Orkut have communities dedicated to question sharing. Given that there are reports of questions being repeated, it obviously puts test-takers on each subsequent day at an advantage in the competition.
  • Inconsistent quality of invigilation

So who is to be blamed for this fiasco. Let us look at the parties involved. IIMs who have been conducting the admission tests in the paper-pencil mode, decided to go online this year because the number of aspirants are increasing year-on-year. The IIMs appointed Prof Satish Deodhar, Professor, IIM-A as the convenor. The award for online CAT for the next 5 years was given to Prometric India Pvt Ltd, a subsidiary of Prometric Inc. Prometric Inc is a subsidiary of ETS (Educational Testing Services), which conducts the GMAT exam worldwide. This was a US 40 Million $ ( Approx Rs 180 crore) contract. The award of this contract is itself being challenged through a Public Interest Litigation. Prometric in-turn outsourced the infrastructure and invigilation services to NIIT in a Rs 50-55 crore contract. NIIT, on its part, engaged  200 +  private engineering colleges with over 100 computers each, across the country to conduct the exams.

As it appears, there are problems on all sides. The IIMs who have the responsibility of  providing the questions for the test, have serious issues. The 20 set of questions which have to be given to the examinees over the 10 days should have been different, but questions are repeating very often. Some questions are the same as earlier CAT exams. Worse, the coaching institutes like TIME, Career Launcher are claiming that some questions are borrowed from their database. This gives the advantage to students who have appeared later. Prometric has not developed a fool-proof software to run the tests, there are bugs and viruses galore. NIIT has deployed invigilators who are untrained and often rude. The quality of PCs in many engineering colleges leave much to be desired.

So what are the options before the IIMs. It can somehow muddle through the online CAT this year, with the extension of the test by one day and then hope to have a far stricter GD and personal interview to weed out the unworthy and select the best. The harder option would be to scrap the online test and conduct a paper-pencil test like earlier years and restore the sanctity and the aura of CAT. The second option is being demanded by several IIM Directors as The Telegraph reports.  IIMs had conducted CAT twice in 2003 after it was detected that there was a paper leak.

This blogger believes that if the IIMs have to keep their pre-eminent position in the field of higher education, it should scrap the online CAT this year and go for a paper-pencil test. Next year, with lot more preparation and dry-runs the online CAT can be attempted again. The students, who have already paid Rs 1400 for the test, should be spared of any more financial burden, as if all the anguish over the past few days is not enough.

– G. Mohan

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