Tag: the businessquiz

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.

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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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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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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1) What was ‘doing a Mysore’ in Rolls Royce’ parlance?

2) This premier industrial R&D organization in India was constituted in 1942 by a resolution of the then Central Legislative Assembly. Khwaja Hamied, the founder of CIPLA drew the blueprint for this publicly funded industrial research body. Which premier organization is this?

3) As per the Venetian Decree of 1474,any person who in the city of Venice made a new or ingenious device and registered it at the Office of the Provededori de Commun (municipal registrars) secured the privilege that consisted in all other persons being prohibited from making another device identical or similar to it for a period of ten years. This is usually agreed upon as the origin of _____. What?

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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.

———————————————————————————————–

Ans1: The Maharaja of Mysore always purchased Rolls-Royce cars in sevens. The company lore calls it ‘doing a Mysore’.

Ans2: CSIR (Council of Scientific and Industrial Research)

Ans3 : Patent laws

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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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