The Economics Championship Pre-lims
Dear Participant(s), Welcome to the Preliminary Round of our event "The Economics Championship, 2019".
Kindly refer to the following details :- Enter your name in the space provided below exactly as mentioned by you in the Google Form submitted earlier. The time limit of this round is 30 minutes. This round consists of 15 questions which include riddles, pictorial and mystery questions. While it is compulsory to attempt the last 5 questions, you are required to answer minimum 6 out of the first 10 questions. If you desire to skip a question, fill in "NA" in the provided blanks. In Read morethe subsequent betting question, fill in "NA" in the provided space as well. You have an initial budget of Rs. 3,00,000. You have to allocate this budget on purchasing either Gold or Silver for betting. The initial prices of 1 unit gold and 1 unit silver are Rs. 5,000 and Rs. 1,000 respectively. These prices will alter on the basis of the news flashes attached along. You have to bet these units of gold or silver or both on each question you wish to attempt. Cash cannot be used for betting. The bet multiplier (the number by which the bet amount multiplies if the answer is correct) for the question will be mentioned alongside each question. You must invest coins for betting only in whole numbers. It has been mentioned along with the questions how you are required to type in your bet. Note that if, for a question,
Questions and Answers
- 1.
You have successfully viewed the first 10 questions which were in the form of open bets. The following 5 questions will be in the form of blind bets, as mentioned earlier. All the best. Note: You do not receive any new endowment of funds/coins. Whatever is left with you will have to be used now.
- 2.
Everything was pretty normal in the CID Headquarters until you, i.e., Commissioner Gaetonde received an unknown email containing a link from a killer, threatening to kill a person. He has given an ultimatum and has threatened CID that if they don’t find the person before the deadline, he/she shall kill him/her without any mercy. Tight up your belt and be a ready for an adventurous battle to find out the information provided in the coded letter and ultimately find the person.
- 3.
What is the smallest number that increases by 12 when it is flipped and turned upside down? (ODDS: 1.5 : 1)
Explanation
The number 86 remains the same when flipped and turned upside down. When we reverse the digits, we get 68, which is 12 less than 86. Therefore, 86 is the smallest number that increases by 12 when it is flipped and turned upside down.Rate this question:
- 4.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 5.
Throughout history, I have documented thousands of cases of four footed mammals with hooves, mane and a tail jumping over towers and landing on clergy and small men, forcing their removal. What am I? (ODDS: 1.5 : 1)
- 6.
Guess the company based on its tagline, the hint for which is provided in the image below. (ODDS: 2 : 1)
Explanation
The correct answer is FedEx. The tagline "The World On Time" is associated with FedEx, a global courier delivery services company. The tagline emphasizes the company's commitment to delivering packages and documents promptly and efficiently worldwide. FedEx is known for its reliable and fast delivery services, making it a popular choice for businesses and individuals who require timely shipping solutions.Rate this question:
- 7.
Guess the similar item INDIA has on the basis of hint provided in the image below. (ODDS: 2 : 1)
- 8.
What is common between them? (ODDS: 2 : 1)
Explanation
The commonality between the words "nirma, Nirma, NIRMA" is that they are all variations of the same word. The only difference is the capitalization of the letters.Rate this question:
- 9.
Connect the following to find a category of websites. (ODDS: 2 : 1)
Explanation
The given words "Online Retail Stores, online retail stores, online store, ecommerce, e-commerce" all refer to websites that sell products or services online. These websites typically have a wide range of products available for purchase and allow customers to make transactions electronically. The terms "online retail stores," "online store," "ecommerce," and "e-commerce" all describe the same category of websites, which is online retail.Rate this question:
- 10.
Connect the following to find a phrase. (ODDS: 2 : 1)
Explanation
The phrase "Winner Winner Chicken Dinner" is a common expression that is often used to celebrate a victory or success. The phrase originated from gambling, specifically in casinos, where winning a bet with odds of 2:1 would result in a larger payout. The phrase has since been adopted in popular culture and is used to convey a sense of triumph or accomplishment.Rate this question:
- 11.
What economic term do the following, collectively represent? (ODDS: 1.5 : 1)
- Itanagar
- Dispur
- Patna
- Raipur
- Dehradun
- Lucknow
- Agartala
- Chennai
- Gangtok
- Mumbai
- Bangalore
- Thiruvananthapuram
- 12.
If a hen and a half lay an egg and a half in a day and a half, how many eggs will half a dozen hens lay in half a dozen days? (ODDS: 1.5 : 1)
Explanation
The ratio given in the question is 1.5:1, which means that for every 1.5 eggs laid by a hen and a half in a day and a half, 1 egg is laid by a hen. Therefore, if half a dozen hens lay eggs in half a dozen days, the number of eggs laid will be equal to the number of hens multiplied by the number of days, which is 6 hens x 6 days = 36 eggs. Since the ratio is 1.5:1, we can divide 36 by 1.5 to find the number of sets of 1.5 eggs, which gives us 24 sets. Each set represents 1.5 eggs, so multiplying 24 by 1.5 gives us 36 eggs, which is equivalent to 2 dozen.Rate this question:
- 13.
My 1st brother is in aerodynamics, 2nd brother builds different engines, my 3rd brother is an illustrator and 4th is a wise owl. About me, I am unanimous to whatever you say. Find us all. (ODDS: 1.5 : 1)
Explanation
The answer is "Vowels, AEIOU, Vowels AEIOU, aeiuo" because each statement describes a characteristic or occupation of each brother. The first brother is in aerodynamics, which starts with a vowel. The second brother builds different engines, which also starts with a vowel. The third brother is an illustrator, which starts with a vowel. The fourth brother is a wise owl, which starts with a vowel. The phrase "About me, I am unanimous to whatever you say" is a play on words, as the word "unanimous" starts with a vowel. Finally, the sequence "Vowels, AEIOU, Vowels AEIOU, aeiuo" follows a pattern of alternating between stating the word "vowels" and listing the vowels in order.Rate this question:
- 14.
The 1st name of the victim was the name of the 2nd woman in one of the most popular detergent ads of India and the last name of the woman was of a person who was born in Santiniketan and contributed to welfare economics. Find the name. (ODDS: 2 : 1)
Explanation
The name of the victim is Jaya Sen. This can be deduced from the given information that the 1st name of the victim was the name of the 2nd woman in one of the most popular detergent ads of India. The name Jaya Sen fits this description. Additionally, the last name of the woman was of a person who was born in Santiniketan and contributed to welfare economics. While the last name is not explicitly mentioned, it can be inferred that it is Sen based on the given answer.Rate this question:
- 15.
In order to find the place where she lives he has given following clues
- The number of her house was the one where the greatest detectives of all time has lived.
- The street name was the one where you can find flags of almost all countries.
- The name of city was where the king of heaven resides
Explanation
The address 221B Chanakyapuri, Indralok satisfies all the given clues. The number of the house, 221B, is a reference to the famous address of Sherlock Holmes, one of the greatest detectives of all time. Chanakyapuri is a diplomatic enclave in Delhi, India, where you can find flags of almost all countries due to the presence of various embassies. Indralok is a mythical city in Hindu mythology, often associated with the king of heaven, Indra. Therefore, the given address matches all the clues provided.Rate this question:
- 16.
How many Gold Coins and Silver Coins would you like to bet on the following question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 17.
How many Gold Coins and Silver Coins would you like to bet on the following question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 18.
Identify the date on which this is going to happen?
- The date World trade centre fell to grounds
- Old 500 Rupee Note
- The year is sum of these costly colours pink + orange (ODDS: 2 : 1)
- 19.
How many Gold Coins and Silver Coins would you like to bet on the following question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 20.
Intelligence agencies claim this letter was received from a place which has following characteristics: Find the address of the place.
- The version of broom stick which Harry Potter hoped to buy was the house number
- An area flooded with milky white colour which is guarded below an honoured article to which citizens hold the most value (ODDS: 2 : 1)
Explanation
The given letter provides clues to the address of the place. The first clue states that the version of broom stick Harry Potter wanted to buy was the house number. This suggests that the house number is "2000". The second clue mentions an area flooded with milky white color, which is guarded below an honored article that citizens hold the most value. This suggests that the area is "CP" (Connaught Place) in Delhi. Therefore, the address of the place is "2000 CP Delhi".Rate this question:
- 21.
How many Gold Coins and Silver Coins would you like to bet on the following question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 22.
The clues given by the agency people for identifying the person are as below:
- The 1st name of was of the father of a game which is not played in a field nor inside a house/auditorium.
- Last name: (refer to the image below); Hint: MacroEconomics. (ODDS: 2 : 1)
Explanation
The first clue states that the person's first name is the name of the father of a game that is not played in a field or inside a house/auditorium. This suggests that the first name is derived from a game that is played in a different setting, such as a board game or a video game. The second clue hints at the person's last name being related to MacroEconomics, with odds of 2:1. This suggests that the person's last name is likely related to economics or finance. Putting these clues together, the correct answer is Lloyd Keynes.Rate this question:
- 23.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 24.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 25.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 26.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 27.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 28.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 29.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 30.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 31.
How many Gold Coins and Silver Coins would you like to bet on the previous question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 32.
How many Gold Coins and Silver Coins would you like to bet on the following question? (Mention the quantities for both the coins, respectively, separated with a single comma. Example: 2,5 This will imply that you refer to 2 GOLD Coins and 5 SILVER Coins)
- 33.
Out of the total budget of Rs. 3,00,000 you have, how many GOLD COINS and SILVER COINS would you like to purchase? (NOTE: You shall not receive any added advantage for leftover budget.) (Type in your answer in the form of both the respective quantities, separated by a single comma.) Example: 5, 20 will refer to 5 GOLD COINS and 20 SILVER COINS.
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Mar 21, 2023Quiz Edited by
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Feb 26, 2019Quiz Created by
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