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A Short Quiz

by

Group 3
Which major tech company recently
announced a significant investment
in AI technology?
A) GOOGLE
B) APPLE
C) MICROSOFT
D) AMAZON
Answer: Microsoft

► Microsoft has made significant investments in AI technology,


particularly through its partnership with OpenAI, integrating
advanced AI capabilities into its products like Azure and Office
365, and committing to ethical AI development.
Which country's central bank raised
interest rates to combat rising
inflation in July 2024?
a) UNITED STATES
b) UNITED KINGDOM
c) CANADA
d) AUSTRALIA
Answer: Australia

► The Reserve Bank of Australia raised interest rates in July 2024 to


address rising inflation driven by increased consumer spending
and higher commodity prices, aiming to stabilize the economy by
making borrowing more expensive.
What is the name of the digital
currency launched by the European
Central Bank?
a) EUROCOIN

b) DIGITALEURO

c) EUROTOKEN

d) E-COIN
Answer: DigitalEuro

► The European Central Bank launched the "DigitalEuro" to


modernize the European financial system, enhance transaction
efficiency, and provide a secure digital payment method amidst
the growing use of cryptocurrencies.
Which financial institution recently
faced a major cybersecurity breach?

a) JPMORGAN CHASE

b) CITIBANK

c) WELLS FARGO

d) BANK OF AMERICA
Answer: Bank Of America

► Bank of America experienced a significant cybersecurity breach,


compromising customer data and highlighting the ongoing
challenges financial institutions face in securing sensitive
information against sophisticated cyberattacks.
The 2024 Nobel Prize in Economics
was awarded for research in which
field?
a) BEHAVIOURAL ECONOMICS
b) INTERNATIONAL TRADE
c) MONETARY POLICY
d) ENVIRONMENTAL ECONOMICS
Answer: Behavioural Economics

► The Nobel Prize in Economics for 2024 was awarded for


contributions to Behavioral Economics, which examines how
psychological factors influence economic decisions, providing
insights into consumer behavior and market dynamics.
Which company led the recent surge
in Initial Public Offerings (IPOs) in the
first half of 2024?
a) SPACEX

b) INSTACART

c) STRIPE

d) ROBINHOOD
Answer: Stripe

► Stripe, a leading fintech company, led the surge in IPOs in the


first half of 2024, reflecting strong investor interest due to its
innovative payment solutions and significant market expansion.
Which cryptocurrency experienced
the highest growth rate in the second
quarter of 2024?
a) BITCOIN

b) ETHEREUM

c) SOLANA

d) CARDANO
Answer: Cardano

► Cardano saw the highest growth rate in the second quarter of


2024 due to technological upgrades, increased adoption in
decentralized applications, and strategic partnerships enhancing
its blockchain ecosystem.
What new regulation did the SEC
introduce in 2024 to enhance
transparency in financial markets?
a) ENHANCED REPORTING RULE

b) TRANSPARENCY ACT

c) FAIR DISCLOSURE RULE

d) INVESTOR PROTECTION ACT


Answer: Fair Disclosure Rule

► The SEC introduced the Fair Disclosure Rule to ensure that all
investors receive important financial information simultaneously,
preventing selective disclosure and promoting fair market
practices.
Which Asian stock market reached an
all-time high in July 2024?

a) TOKYO STOCK EXCHANGE

b) SHANGHAI STOCK EXCHANGE

c) HONG KONG STOCK EXCHANGE

d) BOMBAY STOCK EXCHANGE


Answer: Bombay Stock Exchange

► The Mumbai Stock Exchange reached an all-time high due to


robust economic growth, strong corporate earnings, and
increased foreign investment, reflecting investor confidence in
India's economic prospects.
What is the primary focus of the 2024
World Economic Forum?

a) CLIMATE CHANGE

b) GLOBAL HEALTH

c) DIGITAL TRANSFORMATION

d) INCOME INEQUALITY
Answer: Digital Transformation

► The 2024 World Economic Forum focused on Digital


Transformation, emphasizing the role of digital technologies in
driving economic growth, improving productivity, and addressing
global challenges through innovation.
Which country's economy showed the
fastest recovery post-pandemic in
2024?
a) UNITED STATES

b) CHINA

c) GERMANY

d) INDIA
Answer: China

► China's economy showed the fastest recovery post-pandemic,


driven by strong industrial production, government stimulus
measures, and rapid vaccination rollout, enabling a swift return to
economic normalcy.
Which global bank announced a
merger with a major fintech company
in 2024?
a) HSBC

b) DEUTSCHE BANK

c) GOLDMAN SACHS

d) BARCLAYS
Answer: Goldman Sachs

► Goldman Sachs announced a merger with a major fintech


company to expand its digital banking capabilities, enhance
customer experience, and stay competitive in the rapidly
evolving financial services landscape.
What is the significant financial trend
observed in 2024 regarding retail
investors?
a) DECREASING PARTICIPATION

b) INCREASING USE OF ROBO-ADVISORS

c) SHIFT TO TRADITIONAL INVESTMENTS

d) REDUCED INTEREST IN CRYPTOCURRENCY


Answer: Increasing use of robo-advisors

► Retail investors increasingly used robo-advisors in 2024,


attracted by automated, low-cost, and personalized investment
strategies powered by AI and machine learning, making financial
planning more accessible
Which organization published a
report on the economic impact of
climate change in 2024?
a) WORLD BANK

b) INTERNATIONAL MONETARY FUND

c) UNITED NATIONS

d) WORLD HEALTH ORGANIZATION


Answer: International Monetary Fund

► The International Monetary Fund published a report on the


economic impact of climate change, highlighting the significant
financial risks and advocating for urgent global action to mitigate
environmental damage.
In 2024, which country introduced a
new tax on digital transactions?

a) FRANCE

b) GERMANY

c) JAPAN

d) INDIA
Answer: India

► India introduced a new tax on digital transactions to increase


government revenue and regulate the booming digital economy,
aiming to create a fairer tax system in the age of digitalization.
What was the major reason for the
stock market dip in early 2024?

a) POLITICAL INSTABILITY

b) RISING INFLATION

c) TECH SECTOR DOWNTURN

d) GLOBAL TRADE TENSIONS


Answer: Tech Sector Downturn

► The stock market dip in early 2024 was primarily due to a


downturn in the tech sector, triggered by profit warnings,
regulatory scrutiny, and concerns over high valuations of tech
companies
Thank You

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