TBQ Classic Sample #2

1) It did not make sense for the farmers of Maharashtra to use canal water during ordinary years; they relied on rain water and used the canals only during famine. This was not what the government had in mind-they had plans of generating revenue from canal usage. The solution was found in a certain crop that consumed ten times the water of a seasonal subsistence crop and needed irrigation through out the year. This idea and the revenue generating system called ___ block system came from Sir Mokshagundam Visvesvaraya, then executive engineer for irrigation of Pune district. Thanks to this cultivation, the area under this crop multiplied manifold during the early 20th century. Which crop?

2) John left Sweden in 1887 and landed in New York. He ended up working in mines and logging camps. He went to Alaska when he read about the Gold rush there and came back to Seattle after earning $13,000. Name the business he started with Carl Wallin in 1901.

Identify.
Identify.

 

 

 

 

 

 

 

 

3)This law states that under some conditions, it is rational for competitors to make their products as nearly identical as possible. Name this law named after an American economist.

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Ans1: Sugarcane

Ans2: Nordstrom-Founded by John W. Nordstrom(pic)

Ans3: Hotelling’s Law named after Harold Hotelling (1895-1973)

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TBQ Classic: Set of 310 quizzes (each quiz with 10 questions)-

Rs. 7875/-Frequency: 5-6 sets of questions per week on an average.

Mail us at thebusinessquizATgmailDOTcom for more info.

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