Mid-week Quiz - 29/04/2020

5 Questions | Attempts: 107
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  • 1/5 Questions

    Which now-ubiquitous US company was founded in 1997, initially operating as a postal DVD rental business?

    • Amazon
    • EBay
    • Netflix
    • Vudu
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About This Quiz

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Mid-week Quiz - 29/04/2020 - Quiz

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  • 2. 

    What unusual item does Italy's Credem bank accept as collateral when offering business loans?

    • Barrels of burgundy

    • Football players

    • Racehorses

    • Wheels of parmesan

    Correct Answer
    A. Wheels of parmesan
    Explanation
    Credem owns a warehouse in northern Italy storing around 300,000 wheels of finest Parmigiano-Reggiano as collateral against loans to local farmers.

    Spanish bank Bankia offered the loan for Cristiano Ronaldo as collateral for ECB support; banks in Hong Kong are known to take racehorses.

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  • 3. 

    What tax(es) do you pay to HMRC on purchases of petrol or diesel?

    • Fuel duty and VAT

    • Fuel duty only

    • None - it's zero-rated

    • VAT only

    Correct Answer
    A. Fuel duty and VAT
    Explanation
    Good luck to you if you thought it was zero-rated.

    Fuel duty in the UK is one of the highest in the world at 57.95p per litre - and on top of that VAT is also charged - a tax on tax!

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  • 4. 

    It was announced this week that the 2021 Tokyo Olympics won't be postponed again - they will instead be scrapped if they can't be held then. Where will the 2024 Summer Olympics be held?

    • Berlin

    • Paris

    • Rome

    • Warsaw

    Correct Answer
    A. Paris

Quiz Review Timeline (Updated): Mar 14, 2022 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 14, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Apr 28, 2020
    Quiz Created by
    Karen Reddy
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