Q

• In 1973, "His Company" began to acquire stock in the Washington Post Company. In 1979, "His Company" began to acquire stock in ABC.
• He became a billionaire on paper when "His company" began selling class A shares on May 29, 1990. In 2002, he entered in $11 billion worth of forward contracts to deliver U.S. dollars against other currencies. By April 2006, his total gain on these contracts was over $2 billion.
• In 2006, he announced in June that he gradually would give away 85% of his "His company" holdings to five foundations in annual gifts of stock. In 2007, in a letter to shareholders, he announced that he was looking for a younger successor, or perhaps successors, to run his investment business.
• He had previously selected Lou Simpson, who runs investments at Geico, to fill that role. However, Simpson is only six years younger than him.

Ans- Warren Buffett

Q

It was 1992 when Vinita Jain started her dream project mostly to export, has set up an R&D centre in Switzerland to get a blend of Swiss biotechnology and ayurveda and today she is credited with making Ayurvedic beauty products fashionable. EVERY two months, Vinita Jain takes off to Switzerland for about 10 days or so to oversee her team of doctors, biotechnologists and scientists. The team, based in Switzerland, comprises exclusively-owned research and development headquarters. Demi Moore, Kate Moss, Prince Charles and the royal families of Dubai and Saudi Arabia are just some celebrity names that figure in regular consumer base. That the trademark green and white jars now draw immediate brand recall from consumers across various cross-sections and income groups is an indication of success that has come in quick time. Which Brand ?

A-Biotique

Q

The concept originated on the Internet with the launching of Woot.com in July 2004 . By late 2006, it had exploded, with more than 100 sites in existence. The products sold primarily include geek toys, such as USB powered gadgets or computer peripherals. Goods sold may also be in the form of coupons redeemable at other sites. Since fast delivery and local knowledge is key to this business, sites tend to operate on specific geographic territories. What ?

A-Deal-a-day concept

Q

What was created by inventor Gilmore Schjeldahl for Northwest Orient Airlines in 1949 ?

A-Airsickness Bag

Q

Pearson bought the paper in 1957. It is regarded as the premier news source involving the European Union, the Euro, and European corporate affairs. The Group had a 13.85% stake in the publisher of the Business Standard. It has since sold this stake in April, 2008 and has entered into an agreement with Network 18 to launch it in India, though it is speculated that they may find it difficult to do so, as the brand in India is owned by The Times Group. Why ?

A-Financial Times