Fraud, WMD And Stephen Hester! Trivia Questions Quiz

English pupils will study financial products and interest rates in the future because it is important for them to have a basic understanding of the financial system and how it works. This knowledge will help them make informed decisions about their personal finances and also prepare them for potential careers in finance or related fields. Understanding financial products and interest rates is crucial for managing money effectively and navigating the complex world of investments and loans.

RICS wants house inflation to be capped at 5%. This means that they believe that the rate at which house prices increase should be limited to a maximum of 5% per year. This is likely because they want to ensure that house prices remain affordable and stable, preventing excessive price increases that could lead to a housing bubble or affordability crisis. By capping house inflation at 5%, RICS aims to create a more sustainable and balanced housing market.

Reverend Henry Duncan is the correct answer because he is the original founder of TSB bank.

The correct answer is A policeman. This is because the question states that the landlord has been jailed for a multi-million pound fraud, implying that he was involved in criminal activity. As a former policeman, he would have had access to knowledge and resources that could have facilitated such a fraud.

The Newbury Building Society is running a poetry competition with the theme of mutual respect.

According to a think-tank this week, the medium-term prospects for growth do not look healthy. This suggests that the think-tank has analyzed the current economic conditions and predicted that there will be limited or negative growth in the near future. This could be due to various factors such as economic indicators, market trends, or government policies that may hinder economic progress.

High LTV mortgages are not considered 'exotic weapons of financial mass destruction' because they refer to loans with a high loan-to-value ratio, meaning the borrower has a small down payment and a large loan amount. While these mortgages can pose risks, such as potential default, they are not as complex or inherently risky as mortgage-backed securities, which played a significant role in the 2008 financial crisis. Syrian pension funds, on the other hand, are unrelated to the concept of exotic weapons of financial mass destruction.

Vince Cable stated that house prices were increasing significantly in London and the South East. The question asks for the third location where house prices were rising sharply, and the correct answer is North East Scotland.

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The Treasury forced Stephen Hester out of RBS because they didn't want to pay him anymore. This suggests that there might have been a disagreement or dissatisfaction with Hester's compensation package, leading to the decision to remove him from his position.