Show me the money: A 20-question quiz on March business news


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Our monthly biz quiz includes Lego, sneakers and lots and lots of money. Take the test to refresh your memory, and test your recall, on the big and the small from March’s business and economics events.

Questions:

1. The Hong Kong tycoon Cheung Chung-kiu bought London's tallest building for $1.4 billion. Known as the "Cheesegrater" (and shown to the left of the pickle), it is:

a) 27 per cent of the height of the Burj Khalifa

b) 47 per cent

c) 67 per cent

2. Early in the month, China closed four Lotte retail outlets amid a dispute over security. Last year Lotte opened a new headquarters in Seoul; at 554 metres, where does it rank on the list of the world's 10 tallest buildings? (Answer correct if within one.)

3. An HSBC report on March 1 said what percentage of the UAE's millennials – people ages 18 to 36 – own the property in which they live? Answer correct if within 10 percentage points.

4. Adidas on March 8 reported a 60 per cent profit increase for 2016. Which of the two footballers below are sponsored by Adidas, and which two by Nike?

a) Gareth Bale

b) Lionel Messi

c) Neymar

d) Cristiano Ronaldo

5. A study released on March 8 by Compensation Advisory Partners, a consultancy, said that while hourly pay for the average American worker rose by 2.8 per cent last year, pay for the average American chief executive rose by how much? (Answer correct if within three percentage points.)

__________

Answers:

1. a, 27 per cent.

2. It ranks fifth; the Burj Khalifa is of course first at 828 metres.

3. 26 per cent

4. a and b are in the Adidas camp

5. 5.5 per cent

Questions:

On March 11, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, opened the new plant of Oumolat, a company printing UAE banknotes on home soil. Here are five questions about UAE currency:

6. Sheikh Mohammed was shown a new Dh1,000 note. What is the image on the front of those notes?

7. Match the UAE banknote with its colour, as per the website Exchange Currency:

a) Dh10 1) olivine

b) Dh20 2) pastel blue

c) Dh50 3) pale chestnut

d) Dh500 4) powder blue

8. As in the UAE, banknotes in Morocco are denominated in dirhams. But whereas UAE coinage is in fils, what is the basic unit of Morocco's coins?

9. In what Canadian city are UAE coins minted?

10. Fill in the blank: the Qatari, Saudi and Dubai ____ (five letters) were among currencies used in prior decades in the emirates.

__________

Answers:

6. Qasr Al Hosn

7. a1, b4, c3, d2

8. Centimes

9. The bustling prairie metropolis of Winnipeg.

10. riyal

Questions:

11. The US Federal Reserve on March 15 raised its benchmark lending rate. Who was the Fed's longest-serving chairman?

a) Marriner Eccles

b) Alan Greenspan

c) William Martin

d) DeForest Kelley

12. The UK statistics office reported on March 15 that Britain's jobless rate fell in January to 4.7 per cent, its lowest level since the summer of 1975. Who was the country's prime minister then?

a) Edward Heath

b) Margaret Thatcher

c) Harold Wilson

13. Chuck Berry died at the weekend. What was the legendary record company that in 1955 gave him his big break?

a) Chess Records

b) Decca Records

c) Motown

d) Sun Records

14. Lego reported record annual earnings and said it was producing its little bricks in 60 colours. Which one of the following is not a Lego colour?

a) Glitter Trans-Neon Green

b) Maersk Blue

c) Turkey

d) Dark Flesh

15. Remaining in the toy department, what is the plural of Lego?

__________

Answers:

11. c; Martin held the job for 18 years, nine months and 29 days; Greenspan for 18 years, 4 months, 20 days; Eccles for 13 years, 2 months, 19 days; Kelley was the doctor on Star Trek.​

12. c; the Labour Party's Wilson governed from 1974 to 1976, when he resigned because of exhuastion; he died 19 years later.

13. a; it was at the Chess studio in Chicago that he recorded Maybellene

14. According to the website rebrickable.com, there are no turkey-coloured Lego bricks.

15. Users consider Lego or Lego bricks to be acceptable; but Legos is verboten.

Questions:

16. London Taxi Company opened a new UK plant to make the famous London black cabs. What Chinese auto company is the taximaker's parent (clue: five letters)?

17. Apple introduced a new colour of iPhone. Is the new hue:

a) gold

b) rose gold

c) space gray

d) silver

e) or red

18. Nike said on March 22 that while its third-quarter sales fell short of forecasts ,the retro Space Jam XI was its most successful shoe launch ever. Within $25, what is the suggested US retail price for the sneakers?

19. Skytrax ranked the world's top 100 airports. Can you name the one North American airport that was in the top 25 (clue: it's in Canada)?

20. The mayor of New York said on March 27 that the Fearless Girl statue opposite the Wall Street bull would stay in place through February 2018. Made of bronze, how much does the 1.2-metre-tall girl weigh (answer correct if within 15 kilograms)?

__________

Answers:

16. Geely

17. e; the first four shades are already on offer.

18. $220

19. Vancouver International Airport, in 13th spot.

20. 113 kilos

Scoring scale:

15-20: You deserve 1,000 dirhams.

10-14: You deserve a pair of Space Jams.

5-9: For you, a cheese grater.

0-4: Turkey lego.

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

Three trading apps to try

Sharad Nair recommends three investment apps for UAE residents:

  • For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
  • If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
  • Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
TCL INFO

Teams:
Punjabi Legends 
Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals

WISH
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