Biz Quiz 240208

8/7/2019 Biz Quiz 240208

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The Biz Quiz - 24 February 2008

Questions

1. Who have been jailed for 37 months each for their involvement in Enron-related fraud?

( )The Northern Rock Board ( )The NatWest Three

( )The LloydsTSB Four ( )The Barclay Brothers

2. Banks have moved to scrap so-called "high risk mortgages". What kind of a loan is a "high

risk mortgage"?

( )Where the loan is made to finance a house

purchase in London

( )Where the loan is made to an unemployed

person

( )Where the loan must be repaid over a period

of less than 10 years

( )Where the value of the house is significantly

less than the value of the loan

3. Who voted "9-0 to cut rates"?

( )The Local Government Association ( )The new Northern Rock Board of Directors

( )Gordon Brown's Cabinet ( )The Monetary Policy Committee

4. The regulator of the energy industries is to launch an investigation into Britain's electricity and

gas supply markets. What is the name of the regulator?

( )OffEnd ( )GasWatch

( )Consumers Association ( )Ofgem

5. Who is the new Executive Chairman of Northern Rock?

( )Ruth Saddler ( )Ron Howard

( )Reg Handler ( )Ron Sandler

8/7/2019 Biz Quiz 240208


6. Who announced that it would stop production of HD DVD players and recorders using its own

technology?

( )Toshiba ( )Sony

( )Samsung ( )Dell

7. What will soon be new about Tate & Lyle sugar sold in shops?

( )It will be coloured light blue ( )It will carry the Fairtrade mark

( )The packet will carry a warning about obesity ( )It will no longer have a best‐by date

8. McDonald's has sold a 33% stake in a UK-owned business. Which one?

( )Burger King ( )Pret A Manger

( )Greggs ( )Costa Coffee

9. Which retailer announced plans to embark on large-scale expansion in 2008, aiming to create

9,000 new jobs and open 22 stores?

( )HMV ( )John Lewis

( )Ann Summers ( )Asda

10. Cadbury's is making changes to its Easter eggs in a bid to become more eco-friendly. What is

changing?

( )Less packaging ( )Less chocolate

( )Energy for the production line will all come

from renewable sources

( )Recyclable chocolate

8/7/2019 Biz Quiz 240208


Answers

1 The NatWest Three

2 Where the value of the house is significantly less than the value of the loan

3 The Monetary Policy Committee

4 Ofgem

5 Ron Sandler

6 Toshiba

7 It will carry the Fairtrade mark

8 Pret A Manger

9 Asda

10 Less packaging

Documents

Biz Quiz 240208