Test Your Business IQ

1. Name the manufacturer of the soon-to-be-launched compact car, Liva?

Tata Motors

Toyota Motor, Japan

Lexus Motors

Toyota Motor, Japan is the correct answer because Toyota is the manufacturer of the soon-to-be-launched compact car, Liva. Toyota Motor is a well-known Japanese automobile manufacturer that produces a wide range of vehicles, including compact cars like the Liva.

Explanation

Toyota Motor, Japan is the correct answer because Toyota is the manufacturer of the soon-to-be-launched compact car, Liva. Toyota Motor is a well-known Japanese automobile manufacturer that produces a wide range of vehicles, including compact cars like the Liva.

2. What does WPI stand for?

World Price Identification

Washington Police Identification

Wholesale Price Index

WPI stands for Wholesale Price Index. This index is used to measure the average change in prices of goods and services at the wholesale level. It is an important economic indicator that helps in monitoring inflation and analyzing price trends in the market. By tracking the WPI, policymakers and economists can make informed decisions regarding monetary and fiscal policies to maintain price stability and ensure sustainable economic growth.

Explanation

WPI stands for Wholesale Price Index. This index is used to measure the average change in prices of goods and services at the wholesale level. It is an important economic indicator that helps in monitoring inflation and analyzing price trends in the market. By tracking the WPI, policymakers and economists can make informed decisions regarding monetary and fiscal policies to maintain price stability and ensure sustainable economic growth.

3. Name the world-renowned management guru who gave the idea of Bottom of the Pyramid?

Steve Jobs, Apple

Dr. Manmohan Singh, Indian Prime Minister

Dr. CK Prahalad (August 8, 1941 – April 16, 2010).

Dr. CK Prahalad is the correct answer because he is the renowned management guru who introduced the concept of "Bottom of the Pyramid." Prahalad argued that businesses should focus on serving the low-income population and create innovative solutions to address their needs. His book "The Fortune at the Bottom of the Pyramid" became widely influential in the field of management and development economics. Prahalad's ideas have had a significant impact on how businesses approach market opportunities in underserved communities.

Explanation

Dr. CK Prahalad is the correct answer because he is the renowned management guru who introduced the concept of "Bottom of the Pyramid." Prahalad argued that businesses should focus on serving the low-income population and create innovative solutions to address their needs. His book "The Fortune at the Bottom of the Pyramid" became widely influential in the field of management and development economics. Prahalad's ideas have had a significant impact on how businesses approach market opportunities in underserved communities.

4. Where is the headquarter of International Finance Corporation situated?

Washington, DC. USA

Switzerland

United Kingdom

The headquarters of the International Finance Corporation is situated in Washington, DC, USA.

Explanation

The headquarters of the International Finance Corporation is situated in Washington, DC, USA.

5. Vedanta Resources which recently acquired Cairn India is listed on which stock exchange?London Stock Exchange

Bombay Stock Exchange

New York Stock Exchange

London Stock Exchange

Vedanta Resources, the company that acquired Cairn India, is listed on the London Stock Exchange.

Explanation

Vedanta Resources, the company that acquired Cairn India, is listed on the London Stock Exchange.

6. Name the person(s) who built the search engine, “BackRub”?

Bill Gates

Larry Page and Sergey Brin, the founders of Google

Sameer Bhatia

Larry Page and Sergey Brin are the correct answer for this question. They are the founders of Google and they built the search engine "BackRub", which later evolved into Google. Bill Gates is not associated with the creation of Google or the development of BackRub. Sameer Bhatia is also not related to the creation of Google or BackRub.

Explanation

Larry Page and Sergey Brin are the correct answer for this question. They are the founders of Google and they built the search engine "BackRub", which later evolved into Google. Bill Gates is not associated with the creation of Google or the development of BackRub. Sameer Bhatia is also not related to the creation of Google or BackRub.