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Mint Quiz # 36 - Livemint

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23 FEBRUARY 2013

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QUIZ

BUDGET

BUDGET

R.K. SHANMUGHAM CHETTY

THIRUVALLUVAR

Mint Quiz # 36
Mint Quiz # 36
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First Published: Fri, Feb 22 2008. 10 48 PM IST

Tw eet

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Updated: Fri,

Lockheed Martin cuts 740

jobs

Feb 22 2008.
10 48 PM IST
Questions
1. This word

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comes from the

Decks cleared for third

set of private banks

French word
for leather
pouch or bag.
The present
connotation of
this word is from the notion that the treasury minister would usually keep his fiscal plans in such a bag.
Which term?
2. He was Indias finance minister between 1947 and 1949. On 26 November 1947, he presented what is
considered the first budget of independent India, which was primarily a review of the economy. Who was
he?

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3. The Tamil poet, whose statue at Kanyakumari is

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shown below, is frequently quoted by an Indian

POLICY finance
CONSUMER
MONEY
OPINION Whos
LOUNGE
minister in his
budget speeches.
the

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SPECIALS

poet? Whos the finance minister?

Click here to see the picture of the statue
4. This person was well known for his public
analysis of the Union budget in Mumbai. His first
post- budget analysis speech was at the Greens
hotel in 1958. Soon, his analysis became so
popular that the Brabourne stadium had to be used
as a venue for his analysis lectures. Who?
5. What common distinction is held by Morarji Desai, Chaudhary Charan Singh, VP Singh and
Manmohan Singh?
6. This term in macroeconomics is a measure of net outflow of all payments from an economy. A sharp
deterioration in this was one of the major triggers for the economic liberalization in India that was
announced in the 1991 budget. What term is this?
7. In his 2004 budget speech, P. Chidambaram uttered a three-word phrase, which was also the name of
a popular 2004 Hindi movie. He uttered this phrase to indicate that people should continue to trust his
commitment to economic reforms with a human face. Which phrase, or which movie?
8. During the 2002-03 budget, Yashwant Sinha, while speaking of incentives in the budget for the growth
of the entertainment industry, made a reference to the name of a 2001 Hindi movie to indicate that the

DRAWBRIDGE

policy would bring more joy to the entertainment industry. Which movie did he refer to?

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Mint Quiz # 36 - Livemint

9. What term was used to describe Indias Union budget for 1997-98, which is largely credited with laying
down the road map for economic reforms in India? Which company?
Answers
WED, FEB 20 2013. 04
11 PM IST

1. Budget
2. R.K. Shanmugham Chetty

WED, FEB 13 2013. 04

20 PM IST

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3. Thiruvalluvar, who is frequently quoted by P. Chidambaram

SAT, FEB 23 2013. 12 09 AM IST

4. Nani Palkhivala

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5. Finance ministers who went on to become prime ministers

FRI, FEB 22 2013. 06 15 PM IST

6. Balance of payments
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7. Main Hoon Na

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India
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FRI,740
FEB 22
2013. 12 12 PM IST

8. Kabhi Khushi Kabhi Gham. Yashwant Sinha spoke of more khushi and less gham

Horror in Hyderabad

9. Dream Budget
WED, FEB 20 2013. 05 19 PM IST

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First Published: Fri, Feb 22 2008. 10 48 PM IST

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