Q

He is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. He is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes. He was born in 1930 in Omaha, Nebraska, as the only son of a businessman & politician. He went door to door selling chewing gum, Coca-Cola, or weekly magazines. For a while, he worked in his grandfather's grocery store, he carried out several successful money-making ideas: delivering newspapers, selling golfballs and stamps, and detailing cars. He filed is his first income tax return when he was 14 where he a $35 deduction for the use of his bicycle and watch on his paper route. Who ?

A-Warren Buffett

Q

Founded By Ram Chandra Agarwal. At just 21, he began his career from a tiny 100 square feet shop in 1986 in Kolkata's Lal Bazaar area, selling readymade garments. He scraped together Rs 1 lakh (Rs 100,000) in family savings and loans from local moneylenders to open this shop. He envisioned a mega store that would sell garments at prices no one could match. This Ram Chandra Agarwal achieved through in-house manufacturing. It was known for the massive rush at the stores around Durga Puja, especially at the abandoned Tiger Cinema that Ram Chandra Agarwal had converted into a shop. Agarwal had to shut shop in Kolkata in 2001, on account of union problems. He moved to Delhi and started his retail store with the objective to cut the middle men. Which Retail Chain ?

A-Vishal Retail

Q

Ans:Ashok Leyland

Q

1930 was a year the world suffered a traumatic depression. Companies across the globe began closing down. In UK and in India the textile industry in particular was in trouble. At about this time, Mahatma Gandhi championed the Swadeshi Movement and at his call, people from all India began boycotting fine and superfine fabrics, which had so far been imported from England. In the midst of this depression one family The Lalbhais opportunity. The three brothers decided to put up a mill to produce this superfine fabric. Which Co ?

A-Arvind Mills

Q

The family dispute is set to end, finally. Elder Brother today sold his 25 per cent holding in the primary group investment firm to his Younger Brother in an off-market deal. This was after Younger Brother transferred his group’s entire 29.62 per cent shareholding in Elder brothers enterprise. Both brothers have transferred the (requisite) shareholding in a simultaneous effort. By selling his 25 per cent stake in Elder Brother has exited all group investment firms that held stakes in different companies of the Younger Brother faction. The only unfinished task in the six-year-old saga remains the interest of minority shareholders of who together own 22 per cent in the group investment firm. Which Gr0up of Companies ?

A-Bajaj

Shishir Bajaj & Rahul Bajaj

Q

Dr. AG Noehren, played a pivotal role in fostering the Olympic monement in India as well as the formation of IOA In 1927, The IOA was constituted with him as its first president and Dr. Noehren as secratary. He was extremely fond of sports, and was a pioneer in the Indian Olympic movement. As President of the Indian Olympic Association, he financed the Indian contingent to the Paris Olympics in 1924. Who ?

A-Sir Dorabji Tata

Q

All his siblings were taught basic business practices by their father, and at the age of 12 he bought shares in a Mexican bank. He went on to study engineering at the National Autonomous University of Mexico, while simultaneously teaching algebra and linear programming there. In 1965 he incorporated started his own company by 1966 his company was worth US$40 million. Three months later he married Soumaya Domit Gemayel and they remained married until her death in 1999. Construction, real estate and mining businesses were the focus of his early career. In 1982 the Mexican economy, which had a substantial reliance on oil exports, contracted rapidly as the price of oil fell and interest rates rose worldwide. Banks and other businesses were nationalized, crippled or collapsed and the peso was devalued. At this time, and during the period of recovery to 1985,he invested heavily. He bought outright, or a large percentage of, numerous Mexican businesses. He also acquired a 50% of that of Hershey's. Who ?

A-Carlos Slim