Shaastra Payments Industry Quiz 1.0
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Transcript of Shaastra Payments Industry Quiz 1.0
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We CameVisa
We Quizzed
VISA QUIZ@IIT Madras
THEME – Payment Industry
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In his fascinating 1888 sci-fi novel "Looking Backward 2000-1887" , American writer Edward Bellamy envisions a utopian world with a concept that has now become an indispensable part of our lives ; Bellamy was the first to write about anything pertaining to this , forty years before anyone else.
What avant-garde idea ?
1.
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This 1932 Frank Capra classic melodrama , set in the backdrop pf the Great Depression , thematically anticipates Capra's 1946 classic It's a Wonderful Life, in which Capra repeats the "run on the bank" scene.
It is loosely based on the life of an immigrants sympathesizer. Which personage am I talking about ?
2.
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• This portmanteau is created out of two words - first one might remind you of a field of study in mathematics that studies the behavior of dynamical systems that are highly sensitive to initial conditions (if you are into pop culture , then you might be more familiar with the colloquial term pertaining to the same illustrated in flicks like Run Lola Run , Back to the Future Part II and a 2004 Ashton Kutcher starrer ) - second word is of Latin origin and originally referred to a row of threads in a loom.
• Which compound word am I talking about which was first conceived at a dinner speech and which also features in one of the books by the founder of Visa , Dee Hock ?
• Clue – Dee Hock has been particularly interested in forms of organization that are neither rigidly controlled nor anarchic
3.
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4.
The Automated Cash Teller Machine Cards (ATM Cards) originally were designed to have 6 digit PIN, but later it was resorted to four digits for a specific reason.
What was the reason of this change ?
(Question ignores exceptions like Kotak Mahindra , few in Hong Kong and Shenzhen , and other banks if any - no offence)
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$160 billion Allergan and Pfizer
$117.4 billion Anheuser Busch Inbev and SABMiller
$81.5 billion Royal Dutch Shell and BG Group
$79.6 billion Charter Communications and Time Warner Cable
$68.6 billion Dow Chemical and DuPont
$66 billion Dell and EMC
$23.4 billion ? ? ?
5.
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• This is Matt.• Matt worked once as a
videogame developer.• However , instead of creating
violent video games , Matt chose to tread a different path altogether.
• Matt got hired by Visa as well for one of their major campaigns.
• Matt’s awesome.• Be like Matt.
6. What did Matt do ?
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7. Visa entered this unique list in 2006 , thanks to the exodus of a major French media conglomerate .
There have been 16 changes in the list so far .
The list consists(ed) of giants ranging from the airways to media to petroleum to banking , etc .
Which 'one-of-its-kind' list am I talking about ?
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8.
Mastercard , American multinational financial services corporation , has experimented last year with a payment system that allows the authorization of the transactions by users through the new 'vogue' on the social media block.
So which fad did they make use of ?
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• There are only two Fortune 500 companies that have a very close connection to the anatomy of the state of California so to speak.
• One of them has its parent company origin in the delinquency of Italian immigrants in early 1900s while the other one is a tech giant in its sphere , founded in 80s , by a husband and wife.
• What on the earth am I talking about ? Give me detailed funda , if possible.
9.
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• This NFC based payment technology was formed out of a joint venture among AT&T, T-Mobile and Verizon.
• Last year , it got acquired by Google and integrated into Google Wallet service.
• However , just a year before that , it underwent a change in name because it led to a fallacious belief and the company wanted to end the association with something contemptible .
• The name and give funda.
10.
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