Home Bank The Financial institution Underground Christmas Quiz 2022 – Financial institution Underground

The Financial institution Underground Christmas Quiz 2022 – Financial institution Underground

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The Financial institution Underground Christmas Quiz 2022 – Financial institution Underground

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Earlier than Financial institution Underground takes a festive break, it’s time for the Annual Financial institution Underground Christmas Quiz. Check your self in opposition to our 10 festively themed questions on economics, finance and all issues central banking…

1) (Foreign money) Which festive object seems on the again of a commemorative UK 50p coin?

A Christmas Pudding

A reindeer

A brussels sprout

2) (Commodities) The lighting of the Menorah on the Jewish winter competition of Hanukkah recollects the miracle of a jug of oil burning longer than the day it was anticipated to final. On this early instance of commodity consumption, for what number of days in whole did the jug of oil maintain the lamp lit?

Eight days

Right. The jug of oil saved the lamp going for a full eight days

4 days

Seven days

Ten days

3) (Financial Economics) The silver denarius was the principle coin utilized by the Romans in first century Palestine and a key a part of the financial system. Within the 15 BCE decree of Caesar Augustus, what was the silver content material of the coin?

99%–100%

70%–75%

50%–60%

4) (Historical past of Financial Thought) Which Nobel prize successful economist penned this festive ditty to the tune of Jingle Bells:
 ‘Maximize, maximize, that’s the essential key; Allocate sources by their productiveness; Equalize VMP’s with their worth; and Your manufacturing operate is the best within the land.’?

Paul Samuelson

Paul Krugman

Ben Bernanke

5) (Worldwide Economics) Which nation makes use of the ‘dram’ as its foreign money?

Mongolia

Uzbekistan

Cambodia

6) (Financial Historical past) How far again in time would it’s important to go to seek out wild reindeers strolling within the Metropolis of London?

Round 1,000 years

Round 100,000 years

Reindeers by no means lived in England

7)(Macroeconomics) What’s the present projection for CPI inflation based on the Financial institution of England’s Financial Coverage Report on Christmas 2024?

0%

3%

There aren’t any projections

8) (Central Banking) Which darts participant shares a reputation with a central banker and walks out to ‘King of Kings’ by Motorhead?

Mervyn ‘The King’ King

‘Helicopter’ Ben Bernanke

Alan ‘The Undertaker’ Greenspan

Mark ‘Carnage’ Carney

9) (Financial Principle) Which economist known as easy financial textbook fashions with neat options ‘Santa Claus’ – examples in his Nobel Prize acceptance speech?

Paul Samuelson

Right. Paul Samuelson used this time period in evaluating these textbook examples to the richer financial dynamics of actuality

Milton Friedman

Paul Krugman

Ben Bernanke

10) (Foreign money Unions) Which central banker mentioned of the euro ‘Whether or not one is shopping for a reindeer pores and skin at one finish of the continent or a bottle of suntan lotion on the reverse finish, the identical banknotes will likely be used with out discrimination’?

Tommaso Padoa-Schioppa

Right. Tommaso Padoa-Schioppa talked of reindeer in his speech a couple of months earlier than the introduction of Euro banknotes

Wim Duisenberg

Ottmar Issing

Alexandre Lamfalassuy

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