Xavier Institute of Management, Bhubaneswar

in association with

presents

HOLOCAUST
 INSTRUCTIONS
1. The participants are to submit their answers through the answer sheet link
only. The link has been provided at the same location where you downloaded this
file from. Any other form of submission will not be accepted.

2. Please ensure that the “participant’s details” section of the answer sheet is
filled properly before submitting the answers.

3. There are a total of 36 questions. All questions carry equal marks. There is no
negative marking.

4. The duration of this round is 90 minutes. Entries received after 23.30 hrs
(October 24, 2010) will not be evaluated.

5. In case of a tie, the participants sending the answers earlier will qualify.

6. The top 60 participants from this round will qualify for the next round of
GLADIATOR.

7. The results of this round will be announced within 48 hours after the
completion of the quiz.

8. In case of any queries, please feel free to contact:

o Debojyoti Srimani: +91-9776295420 (u109178@stu.ximb.ac.in)

o Suvendu Panda: +91- 9439177529 (u109048@stu.ximb.ac.in)

BEST OF LUCK!!

GLADIATOR 2010
1. It couldn’t get easier than this to start with. Connect the following to “the
ultimate battle for supremacy”

2. A survey of college professors found that over 90% of them rated their work
as above average in comparison to their peers. This cognitive bias is known as the
________ Effect.

GLADIATOR 2010
3. It came during dire straits and the intelligentsia went gung-ho about it. What
am I talking about? (Connect the following to get the answer)

4. You tend to use a particular vendor for your technology needs. However,
recently, you’ve found that due to the extent of proprietary technology employed
by the vendor, you’ve become stuck with them and increasingly dependent on
them and switching would involve high costs. What’s the term for the sticky
situation that you’re in?

GLADIATOR 2010
5. I hail from the field of operations. Quality was my perennial war-cry. Who am
I?

6. What is the electronic counterpart of the Bill of Lading, sent as an EDI

Document?

Hint: It’s usually sent before the BOL (which usually accompanies the goods)

GLADIATOR 2010
7. Identify the advertiser from the picture below, known for its iconic ads.

8. Apil Jain has forecasted that AAA Services Ltd will pay its first dividend two
years from now amounting to Rs 12.50 per share. For the following year he
forecasts a dividend of Rs 20 per share and expects dividends to increase at an
average rate of 7% for the foreseeable future after that. If the risk-free rate is
4.5%, the market premium is 7.5% and AAA Services’ beta is 0.9, what would Mr.
Jain’s estimate of the current value of AAA Services shares be closest to?

a) Rs 370
b) Rs 390
c) Rs 470
d) Rs 380

GLADIATOR 2010
9. What term/concept, usually applicable to marketing, was spawned in this
book?

10. Amit Sinha purchased shares of ABC Industries ltd. for Rs 380 and sold call
options at Rs 400 covering all his shares for Rs 20 each. The sum of the maximum
per-share gain and maximum per-share loss (as an absolute value) on the covered
call position is:

a) Rs 360
b) Rs 400
c) Rs 420
d) Unlimited

GLADIATOR 2010
11. One of the most pioneering works in the field of Finance; I was
conceptualized by the gentlemen below. Identify me.

12. In this Brazilian company, every employee can come and go as they please,
work at home if they want, choose who they want as their boss, set their own
salaries which are published; bosses are evaluated by their subordinates publicly.
Which is this company?

GLADIATOR 2010
13. Often ignored by the multitude, I gave the following to the world of
marketing. Who am I?

14. You are in charge of development of a Touch-Screen phone, and you wish
to customize an open source mobile OS, but lock down your hardware to ensure
that only your version of the OS is used. What is this known as?

Hint: This term was coined by the FSF.

GLADIATOR 2010
15. Some say I revolutionized the field of operations, I believe I arrived just in
time at it. Identify me.

16. Over the last year, Interra Designs saw its accumulated depreciation
increase from Rs 340,000 to Rs 370,000. It purchased no capital assets during the
period but had plant, property, equipment with a book value of Rs 400,000 at the
end of the year. The average useful life of the firm’s depreciable assets as of year-
end is closest to:

a) 13.33 years
b) 24.67 years
c) 26 years
d) 14 years

GLADIATOR 2010
17. I gave something iconic to the world of Indian Finance. Identify me.

18. Firefox’s ‘Army of Awesome’ is a support mechanism whereby Twitter is

used to connect Firefox supporters and fans to users having issues, and thereby
provide support. Employees or contractors are not needed for this support
function. What is this mode of outsourcing?

GLADIATOR 2010
19. Why were we in news recently?

20. An investor paid Rs 50 for an option that is currently in-the-money Rs 25. If

the underlying is priced at Rs 250, then which of the following best describes that
option?

a) Put option with an exercise price of Rs 200

b) Call option with an exercise price of Rs 200
c) Put option with an exercise price of Rs 275
d) Call option with an exercise price of Rs 275

GLADIATOR 2010
21. Different approaches but similar fate. How can we be connected together?

22. Ram Bhagat is the portfolio manager of an aggressive growth fund. Ram is
worried about the performance of his high beta portfolio in light of his belief that
the stock market is currently overvalued. His firm requires him to maintain at
least 80 % of the portfolio’s value in equities at all times. Ram decides to buy put
options to protect the portfolio from the potential loss in case of a market
decline. The profits and losses from resultant portfolio would have risk
characteristics similar to a ______________

a) Short put and Long call position

b) Covered call position
c) Long call option
d) Short call option

GLADIATOR 2010
23. Together, we did something that revolutionized the world of corporate
accounting. Identify us.

24. These two gentlemen differ in a matter of ‘Principle’ regarding promotions

in an organization. Who are they?

GLADIATOR 2010
25. I am no longer “just a jargon”. I have become a conscious strategy adopted
by companies to attain competitive advantage. What am I? (Connect the picture
below to arrive at the answer)

26. The probabilities that a venture capital investment will fail, given that it has
survived all prior periods are:

1st year = 17%, 2nd year = 22%, 3rd year = 11%

An investment of Rs 1.5 crore is expected to return Rs 7 crore if the venture

survives till the end of the third year. The expected annual compound rate of
return on this investment is closest to:

a) 36%
b) 37%
c) 38%
d) 39%

GLADIATOR 2010
27. I am a contemporary marketing practice. Identify me. (Connect the
following to get the answer)

28. Rohit Kumar purchases a put contract on xyz stock of strike price Rs 320 for
a premium of Rs 20. He holds the option until the expiration date when the stock
sells for Rs 312 per share. What is the loss on the contract?

a) –Rs 8
b) -Rs 20
c) -Rs 12
d) –Rs 16

GLADIATOR 2010
29. I am a phenomenon primarily used by marketers but I believe I am
universally applicable. Identify me.

30.

GLADIATOR 2010
You’re on a tour of a Japanese factory and notice that there is a board with a
switch at every workstation. Apparently, every worker is empowered to raise an
alert through this switch, and cause production to stop immediately if an issue is
found.

What is this system called?

31. The table below lists information on price per share and shares outstanding
for three stocks: Pilkington, Pinecask and Peerless

January 1, 2009 December 31, 2010

Price per Outstanding Price per Outstanding
Stock share Shares share Shares
Pilkingto Rs 100 Rs 100
n 10,000 10,000
Pinecask Rs 500 5,000 Rs 500 5,000
Peerless Rs 1000 500 Rs 900 500

Which of the following statements is least accurate?

a) An investor portfolio with 1000 shares of each stock would track an un-
weighted index.
b) An un-weighted index computed as an arithmetic mean would show higher
returns than if it was calculated as a geometric mean.
c) Returns on Pinecask would have the largest influence of the three on a
market value-weighted index.
d) A price-weighted index would be tracked by a portfolio with an equal
number of stocks of all the three stocks.

GLADIATOR 2010
32.

How did the remnants of a dead fish found in Kanazawa help in the design of this
car?

33. Jack D. has collected the following information about a company he is

researching for equity investment:

Revenue for prior years-

2008–2009= Rs 200 mil

2009–2010= Rs 240 mil

EBITDA margins = 20%

Interest cost =10% of EBITDA

Effective Tax Outflow = 10% of EBTDA

GLADIATOR 2010
CAPEX – 3% of revenues

Change in work cap requirements – Rs 10 mil

The company is growing at a constant rate in terms of Revenue, and operating

cost growth rate to be maintained. Interest cost as a percentage remains the
same, as well as effective tax rate. Calculate the FCFE for the year 2010-2011.

a) Rs 26.854 mil
b) Rs 25.404 mil
c) Rs 26.016 mil
d) Rs 25.732 mil

34.

Identify what the ‘Model’ Shown in the picture has in common with the software
development process.

GLADIATOR 2010
35.

These prevent you from appreciating Rainbows, Kittens and butterflies. What are
they?

36. Mr. Prembhai Modi is analyzing the fundamentals of XYZ Industries limited,
in order to make a recommendation to his investors. Help him out in his analysis
by picking the most suitable option:

a) Higher the DER, Higher will be the EPS, if the return on capital employed is less
than rate of interest for debt.
b) Higher the DER, Higher will be the EPS, if the return on capital employed is
more than rate of interest for debt.
c) Higher the DER, Higher will be the ICR, irrespective of the return on capital
employed.
d) Higher the DER, lower will be the EPS, if the return on capital employed is
more than rate of interest for debt.

GLADIATOR 2010