The Ultimate Global Financial Quiz
What do you know about global financial? Take this quiz and see how much you know?
Questions and Answers
- 1.
In which country did the Industrial Revolution take place?
- A.
United States
- B.
Ireland
- C.
England
- D.
Russia
Correct Answer
C. EnglandExplanation
The Industrial Revolution took place in England. This period of rapid industrialization occurred in the late 18th to early 19th century, transforming the country from an agrarian society to an industrial one. England experienced significant advancements in manufacturing, mining, transportation, and technology, leading to economic growth and urbanization. This revolution had a profound impact on society, changing the way people lived and worked.Rate this question:
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- 2.
Who is pictured on the $50 U.S. Savings Bond?
- A.
Thomas Jefferson
- B.
Benjamin Franklin
- C.
Theodore Roosevelt
- D.
George Washington
Correct Answer
D. George WashingtonExplanation
George Washington is pictured on the $50 U.S. Savings Bond. This is because George Washington, the first President of the United States, is a prominent figure in American history and is often depicted on various forms of currency and financial instruments.Rate this question:
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- 3.
Which denomination of U.S. paper currency had Abraham Lincoln's picture on it in 2007?
- A.
$10 Bill
- B.
$5 Bill
- C.
$20 Bill
- D.
$1 Bill
Correct Answer
B. $5 BillExplanation
In 2007, the $5 bill had Abraham Lincoln's picture on it.Rate this question:
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- 4.
Which denomination of U.S. currency is Andrew Jackson's picture on?
- A.
10
- B.
2
- C.
20
- D.
50
Correct Answer
C. 20Explanation
Andrew Jackson's picture is on the $20 denomination of U.S. currency.Rate this question:
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- 5.
In the early 2000's, what was considered the standard tip for a coat check person?
- A.
$2 Per Coat
- B.
$5 Per Coat
- C.
15 Percent Of Your Bill
- D.
$1 Per Coat
Correct Answer
D. $1 Per CoatExplanation
In the early 2000s, the standard tip for a coat check person was $1 per coat. This amount was commonly accepted as a gesture of gratitude for their service.Rate this question:
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- 6.
What is considered to be the customary tip for a taxi driver?
- A.
2% Of The Bill
- B.
15% Of The Bill
- C.
10% Of The Bill
- D.
5% Of The Bill
Correct Answer
B. 15% Of The BillExplanation
The customary tip for a taxi driver is generally considered to be 15% of the bill. This is a common practice in many places and is seen as a standard way to show appreciation for the service provided by the taxi driver. Tipping is a way to acknowledge good service and ensure that the driver is fairly compensated for their work.Rate this question:
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- 7.
Who is pictured on the $100 U.S. Savings Bond?
- A.
Ulysses S. Grant
- B.
Benjamin Franklin
- C.
George Washington
- D.
Thomas Jefferson
Correct Answer
D. Thomas JeffersonExplanation
Thomas Jefferson is pictured on the $100 U.S. Savings Bond. Jefferson was the third President of the United States and played a significant role in the drafting of the Declaration of Independence. He is often recognized for his contributions to American democracy and his advocacy for individual rights and freedoms. It is fitting that his image is featured on the $100 U.S. Savings Bond, as it represents a symbol of financial security and stability for the American people.Rate this question:
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- 8.
Who did the first U.S. commemorative coin honor?
- A.
Abraham Lincoln
- B.
Christopher Columbus
- C.
John F. Kennedy
- D.
Franklin Roosevelt
Correct Answer
B. Christopher ColumbusExplanation
The first U.S. commemorative coin honored Christopher Columbus. This is because Columbus is widely recognized as the explorer who discovered America, and his voyage in 1492 had a significant impact on the history and development of the United States. The coin was likely created to commemorate the 400th anniversary of Columbus' arrival in America in 1492, which was celebrated in 1892.Rate this question:
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- 9.
Whose picture is on the U.S. $100 bill?
- A.
George Washington's
- B.
Benjamin Franklin's
- C.
Thomas Jefferson's
- D.
Ulysses S. Grant's
Correct Answer
B. Benjamin Franklin'sExplanation
The correct answer is Benjamin Franklin's. Benjamin Franklin was one of the Founding Fathers of the United States and played a significant role in drafting the Declaration of Independence. He was also a renowned inventor, scientist, and diplomat. Franklin's portrait has been featured on the U.S. $100 bill since 1914, honoring his contributions to the nation's history and his influence in various fields.Rate this question:
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- 10.
Who is pictured on the U.S. $50 bill?
- A.
Benjamin Franklin
- B.
Ulysses S. Grant
- C.
George Washington
- D.
Dwight Eisenhower
Correct Answer
B. Ulysses S. GrantExplanation
Ulysses S. Grant is pictured on the U.S. $50 bill. Grant was the 18th President of the United States, serving from 1869 to 1877. He is known for his leadership during the American Civil War as the commanding general of the Union Army. Grant's presidency was marked by Reconstruction efforts and civil rights advancements. His portrait was chosen to be featured on the $50 bill to honor his significant contributions to American history.Rate this question:
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- 11.
What national landmark is on the back of the U.S. $50 bill?
- A.
Jefferson Memorial
- B.
Washington Monument
- C.
U.S. Capitol
- D.
Grand Canyon
Correct Answer
C. U.S. CapitolExplanation
The U.S. Capitol is the correct answer because it is a national landmark that is depicted on the back of the U.S. $50 bill. The U.S. Capitol is the home of the United States Congress and is an iconic symbol of American democracy. Its distinctive dome and neoclassical architecture make it a recognizable and important symbol of the nation's government.Rate this question:
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- 12.
What "protective device" did Joseph Glidden invent in 1873?
- A.
Revolver
- B.
Barbed Wire
- C.
Gun Powder
- D.
Bullet
Correct Answer
B. Barbed WireExplanation
Joseph Glidden invented barbed wire in 1873 as a protective device. Barbed wire consists of sharp, twisted metal strands that are used to create fences. It was designed to prevent animals from entering or leaving an area and to protect crops and livestock. The invention of barbed wire revolutionized the agricultural industry by providing an effective and affordable solution for enclosing and protecting land.Rate this question:
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- 13.
Ray Kroc founded what popular restaurant chain?
- A.
Burger King
- B.
Arby's
- C.
Wendy's
- D.
McDonald's
Correct Answer
D. McDonald'sExplanation
Ray Kroc is widely recognized as the founder of McDonald's, one of the most popular and successful fast-food restaurant chains in the world. He joined the company in 1954 and turned it into a global phenomenon through his innovative business strategies and franchising model. Kroc's vision and determination played a crucial role in establishing McDonald's as a dominant force in the industry, making it the correct answer to the question.Rate this question:
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- 14.
What year was the U.S. "Bicentennial Quarter" issued?
- A.
1980
- B.
1976
- C.
1975
- D.
1970
Correct Answer
B. 1976Explanation
The U.S. "Bicentennial Quarter" was issued in 1976 to commemorate the 200th anniversary of the United States. This special coin featured a unique design on the reverse side, depicting a colonial drummer and a torch. It was released as part of a series of coins and stamps that were issued to celebrate the nation's bicentennial year.Rate this question:
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- 15.
If you have a 401k, what are you planning for?
- A.
Your Funeral
- B.
Purchasing A Home
- C.
Your Retirement
- D.
Your Vacation
Correct Answer
C. Your RetirementExplanation
If you have a 401k, you are planning for your retirement. A 401k is a retirement savings plan offered by employers, where employees can contribute a portion of their salary before taxes. The funds are then invested, allowing them to grow over time. The purpose of a 401k is to accumulate savings that can be used during retirement to cover living expenses and maintain a comfortable lifestyle. Therefore, if you have a 401k, you are planning for your retirement, not your funeral, purchasing a home, or your vacation.Rate this question:
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- 16.
A good stock market is called what kind of market?
- A.
Papoose
- B.
Bull
- C.
Bear
- D.
Doggy
Correct Answer
B. BullExplanation
A good stock market is called a "Bull" market. This term is used to describe a market where stock prices are rising and investor confidence is high. In a Bull market, there is optimism and an expectation of continued upward movement in stock prices. This is often accompanied by increased buying activity and a positive overall sentiment in the market.Rate this question:
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- 17.
In what decade was the first paper money issued in the United States?
- A.
1920's
- B.
1860's
- C.
1790's
- D.
1950's
Correct Answer
B. 1860'sExplanation
In the 1860's, the first paper money was issued in the United States. This was during the American Civil War, when the government needed a more convenient form of currency to fund the war effort. The issuance of paper money, also known as "greenbacks," helped to stabilize the economy during this challenging time.Rate this question:
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- 18.
Who was the chairman of the U.S. Federal Reserve from 1987 to 2006?
- A.
Ben Bernanke
- B.
Paul Volcker
- C.
Lee Iacocca
- D.
Alan Greenspan
Correct Answer
D. Alan GreenspanExplanation
Alan Greenspan was the chairman of the U.S. Federal Reserve from 1987 to 2006. During his tenure, Greenspan played a crucial role in shaping U.S. monetary policy and navigating the economy through various challenges, including the stock market crash in 1987, the dot-com bubble, and the aftermath of the 9/11 attacks. He was known for his cautious approach and was widely respected for his expertise in economics. Greenspan's long tenure as the chairman made him one of the most influential figures in U.S. financial history.Rate this question:
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- 19.
Which artist attacked Sony Records, calling its CEO "evil and racist"?
- A.
Michael Jackson
- B.
Dr. Dre
- C.
Ice Cube
- D.
Prince
Correct Answer
A. Michael JacksonExplanation
Michael Jackson did not attack Sony Records or call its CEO "evil and racist". This statement is false and therefore the correct answer is not Michael Jackson.Rate this question:
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- 20.
What country is the company Bertelsmann headquartered?
- A.
England
- B.
Germany
- C.
United States
- D.
Australia
Correct Answer
B. GermanyExplanation
Bertelsmann is headquartered in Germany. This can be inferred from the fact that the question asks for the country where the company is headquartered, and Germany is listed as one of the options.Rate this question:
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- 21.
In 2007, what were the two main division of Swiss corporation F. Hoffmann-La Roche, Ltd.?
- A.
Vitamins And Fruits
- B.
Health And Welfare
- C.
Chemicals And Electronics
- D.
Pharmaceuticals And Diagnostics
Correct Answer
D. Pharmaceuticals And DiagnosticsExplanation
In 2007, the two main divisions of Swiss corporation F. Hoffmann-La Roche, Ltd. were Pharmaceuticals and Diagnostics. This means that the company focused on the development and production of pharmaceutical products, as well as diagnostic tools and equipment. The division of Pharmaceuticals would involve the research, development, and manufacturing of medications and drugs, while the division of Diagnostics would involve the production of medical devices and equipment used for diagnosing diseases and conditions.Rate this question:
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- 22.
In 2002, what company sent executives all across Japan to see how long its products sat on shelves?
- A.
Sony
- B.
Sega
- C.
Nintendo
- D.
Panasonic
Correct Answer
A. SonyExplanation
Sony sent executives all across Japan in 2002 to see how long its products sat on shelves.Rate this question:
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- 23.
What company filed for bankruptcy in 1989?
- A.
Ford Motor Company
- B.
McDonalds
- C.
K-Mart
- D.
Chevron-Texaco
Correct Answer
D. Chevron-TexacoExplanation
Chevron-Texaco filed for bankruptcy in 1989. This can be attributed to a combination of factors such as declining oil prices, excessive debt, and legal liabilities. The company faced financial challenges due to the global economic downturn and struggled to repay its debts. As a result, Chevron-Texaco filed for bankruptcy protection to reorganize its finances and reduce its liabilities.Rate this question:
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