Kunal Prajapat

1. Indian families spend around 20% of their life savings on their children’s
weddings.
2. The paper currently being used for printing of banknotes in India is made by
using 100% cotton.
3. The cost of making Rs 1 coin is Rs 1.11
4. 30% tax is charged on cryptocurrency whereas 28% is charged on cigarettes.
5. During the year 1973-74, Indians used to pay 85% tax and after adding a
surcharge the tax becomes 97.75%.
6. Over 45% of millennials do not know what interest they pay on their credit
cards.
7. Divide 72 by the expected rate of return on your investment to know the
estimated number of years required to double your invested amount.
8. Only 3.7% of Indians invest in equities. In the case of China, this number
becomes 12.7% and 55% in the USA.
9. 90% of US dollars contain traces of cocaine.
10. After world war I, the German currency lost almost all value as a result many
people burned cash to keep warm as burning cash was an affordable option
than burning wood.
11. Only 8% of the world’s currency is actual money because the rest of the
transactions are done digitally.
12. More monopoly money is printed in a given year than real money in the US.
13. There is an ATM in Antarctica, this means we have ATMs on every continent.
14. Jamsetji Tata has emerged as the biggest philanthropist globally in the last
century by donating $102 billion while Bill Gates and his now-estranged wife
Melinda have donated $74.6 billion. (Tata’s amount is much bigger if inflation
is added)
15. Indian women hold 11% of the world’s gold.
16. The top 1% have grabbed 38% of all additional wealth accumulated since the
mid-1990s, while the bottom 50% captured just 2% of it.
17. The first credit card was created because of the embarrassment of a man who
had to pay for dinner but forgot his wallet.
18. If you are buying a new car on EMI, then EMIs will cost you approx 18% of the
car value. Basically, you will pay Rs 118 for a Rs 100 car.
19. More than 60% of Lamborghini cars are sold on EMIs in India.
20. Demonetisation was first done in 1946 when the currency notes of Rs 1,000
and Rs 10,000 were removed from circulation.
21. Anil Ambani who is insolvent now was once richer than Mukesh Ambani.
22. An education loan is actually more expensive than a home loan.
23. You may know Elon Musk for Tesla & Space X but do you know Elon Musk
was also the co-founder of Paypal.
24. The value of LIC’s assets is more than Pakistan’s GDP.
25. Rs 1 note only one being issued by the Government of India, as all other
banknotes in circulation are issued by the Reserve Bank of India.
26. RBI used to print currency for Pakistan for almost one year after
Independence
27. At the time of independence, $1 was equal to Rs1.
28. Kuwaiti Dinar is the highest Currency in the world. Currently, its value is more
than 3.26 USD .
29. The Iranian Rial is the lowest currency in the world in 2022, 1USD= 42300
Iranian Rial.
30. The Infosys Technology IPO was undersubscribed. Morgan Stanley bailed it
out by picking up 13% of the equity.
31. India is the world's second-biggest gold consumer after China.
32. India has only 7 taxpayers for every 100 voters.
 33. India’s ecosystem for startups is third largest when it comes to number of
unicorns.
34. Amazon Chairman Jeff Bezos paid no income tax in 2007 and 2011, while
Tesla chief Elon Musk avoided all payments in 2018.
35. Flipkart is registered as a Singapore’s company.
36. State of Missouri in the United States imposes tax on bachelors (single man).
37. Kuwait, The oil-rich Arab country located on the Persian Gulf is a country with
no income tax.
38. The Indian government earns more than car manufacturers and dealers on
every car.
39. The first commercial bitcoin transaction was for pizza.
40. China used to account for about 65%-75% of cryptocurrency mining.
41. When an MLA becomes MP and retires, he will become eligible for both the
pensions.

If you serve a day as an MP in India, you're eligible for a life time pension.

Kunal Gupta

1. It was derived from English phrase - “I don’t give a dam[n]” due to its small
worth

1 Rupee = 40 dams

Dam(Copper) < Rupiya(Silver) < Mohur(Gold)

2. The Dutch East India Company (founded in 1602) or United East India
Company was the first the trading company to trade in pepper and spices with
South Asia

3. You can invest in HDFC Life & HDFC AMC without actually investing in them.
Just buy HDFC which holds 48% stake in HDFC Life and 53% stake in HDFC
AMC.
4. Blackrock manages approximately $10 trillion which is more 3 times of current
Indian Economy
5. 207 startups have been founded by ex-Flipkart employees until now of which
59 have been shut down. Example: Groww, PhonePe,Udaan,Navi
Technologies, Cure.fit,Exotel are few startups founded by Flipkart ex-
employees
6. There are 1106 companies, including 26 unicorns, founded by alumni of IIT
Delhi. They have raised over USD 43B in funding until now. Few examples
are: upGrad, Flipkart,udaan,Mindtree
7. Why do we say “West Bengal” even though it is in “East”
8. Benjamin Graham is widely known as the "father of value investing"
9. U.S. dollars are made from 75% cotton and 25% line
10. 1 rupee note is the first note of Independent India
11. The (Rs) symbol was conceptualised and designed by Udaya Kumar, a post
graduate in Design from Indian Institute of Technology Bombay
12. The first Income-tax Act was introduced in February 1860 by Sir James
Wilson (British India's first finance minister)
13. If the income goes down, people tend to show the following behaviour.
14. Denmark, Norway and Sweden are the countries with highest financial literacy
in the world as on April, 2022
 15. 16 Fintech startups have gained ‘Unicorn Status’ with a valuation of more than
$1bn.
16. The first Aadhar Card was issued on 29th September, 2010 in India.
17. NEFT: National Electronic Funds Transfer RTGS: Real Time Gross
Settlement
18. K. Shanmukham Chetty presented the first ever budget of Independent India
on 26th November 1947
19. You can do a maximum of 2400 tweets in a day(including Retweets
20. Approx. 53% users on Instagram are females
21. CDSL holds maximum number of demat accounts - 4crore
22. It costs nearly 2.5lakh/minute to conduct a one day parliament session
23. SBI Mutual Fund is the leading AMC in India
24. Government of Singapore is the biggest FII investor in India with 27% of the
equity inflows
25. Service Sector is the largest sector of India with 54% contribution to GDP.
26. As per latest reports, Maharashtra has the highest number of registered
investors.
27. 50/20/30 rule
28. Worldwide, only ⅓ of adults understand basic financial topics South Asia has
the lowest financial literacy rates with only 25 percent of adults being literate.
29. India is the 2nd largest footwear industry with 9% of the annual global
production of 22 billion pairs.
30. 75% of Indians earn Rs 79,100 or less.
31. 80% of Indian employees run out of salary before the month ends
32. Almost 60% of Indian have less than Rs 5,000 in their savings account
33. Only 3 in 100 Indians have a credit card
34. 51% of Indians do not have any retirement plans
35. Rent in India is on an average 87% lower than that in US
36. Cost of Living in India is on an average 65% lower than that in US
37. A nuclear family(4) spends nearly Rs 89,000 on monthly basis without rent
38. Maharashtra has the highest GDP of all Indian states with agriculture
contributing 51%
39. Credito Emiliano bank of Italy offers loans to small businesses in exchange for
a very curious collateral- Parmesan cheese
40. To open the gigantic vault doors at the Bank of England, you need a key
which is 3 feet long
41. There are 2 ATM’s in Antarctica both of which are operated by Wells Fargo
42. The US stock market is 46% of the entire world’s stock market capitalization
in 2022
43. Microsoft is worth more than the entire Brazilian stock market
44. 10% of Americans own 89% of the stock market

Shubham

1. Warren Buffett’s net worth at age 52 was only 0.3% of current value
2. Apple’s market cap is higher than entire BSE 500 companies
3. 2020 saw highest-ever public equity fundraising
4. The highest-price stock currently sold on the NYSE is Warren Buffett's
Berkshire Hathaway, Class A (NYSE: BRK-A), which sells for more than
$400,000 per share.
5. The global bond market is valued at more than $100 trillion. That's much
larger than the global stock market, which is valued at around $90 trillion.
6. The Amsterdam stock exchange (now part of the Euronext exchange) first
listed shares in 1602.
7. The first stock to be traded was that of the Dutch East India Company
8. Legendary investor Warren Buffett bought a 40-acre farm at age 14 with
$1,200 in savings from delivering newspapers.
9. Three of the world's 50 largest economies don’t have a dedicated exchange-
traded fund (ETF) listed on a U.S. exchange: Iran, Saudi Arabia and Pakistan.
10. One of the smallest economies to have its own U.S.-listed ETF is Israel. The
ETF trades under the ticker symbol EIS.
11. More than one million shares changed hands on the NYSE for the first time on
December 15, 1886. The NYSE had its first billion share day on October 28,
1997.
12. The largest daily trading volume on record for the NYSE Composite was on
October 10, 2008, when more than 11 billion shares were traded.
13. Oakley, Inc. chose the ticker symbol OO because it looks like a pair of
sunglasses.
14. The first listed company on the NYSE was the Bank of New York, traded
under the buttonwood tree on Wall Street.
15. By the end of the Civil War, between one-third and one-half of all U.S. paper
currency in circulation was counterfeit.
16. The most expensive coin in the world -- the 1794 Flowing Hair Dollar -- sold
for $7.85 million in 2006. It was the first dollar coin minted by the United
States government.
17. The first female member of the NYSE was Muriel Siebert, who became a
member in 1967.
18. At the end of 2011, three companies had total debt loads of more than $500
billion: JPMorgan Chase ($684 billion), Bank of America Corp. ($622 billion)
and Citigroup ($560 billion).
19. Credit cards were not always made of plastic. There have been credit tokens
made from metal coins, metal plates, and celluloid, metal, fiber, and paper
cards.
20. The paper currently being used for printing of banknotes in India is made by
using 100% cotton.
21. A farm in Delaware mulches more than four tons of worn-out U.S. cash into
compost every day.
22. Machine rejecting your bill? Microwave it
23. There was once a $100,000 bill
24. Bombay Stock Exchange (BSE) is the biggest stock exchange in the world in
terms of the number of listed companies on an exchange. BSE has over
5,500 listed companies.
25. BSE is also the oldest stock exchange in Asia. It was established in 1875
26. There is a total of 23 stock exchanges in India
27. The month of October is considered to be jinxed month as two of the worst
stock market crashes in history occurred in this month in the years 1929 &
1987.
28. When master blaster used to play international cricket, his dismissal adversely
affected the Indian stock market.
29. Before money was made of bills and coins, these items were used as
currency: conch shells, ivory, clay, live animals and grain
30. The name money comes from Middle English: from Old French "moneie",
from Latin "moneta", "mint" or "money", originally a title of the goddess Juno,
in whose temple in Rome money was minted.
31. The first banks were likely religious temples because the security was always
tight
32. In 1932, wooden bills were temporarily made and used in Tenino, Washington
because there was a major cash shortage at the time and wood was readily
available.
33. The largest numerical bill ever to circulate in the world was
1,000,000,000,000,000,000,000, and it was the Millard Hungarian Pengo,
issued in 1946. At the time, it was only worth $.20cents in the U.S.
34. The first ATM to ever exist was at Barclays Bank in London, in 1967
35. Credit cards were first used in the United States in the 1920’s.
36. The first coins were minted (made) around 2,500 years ago.
37. Paper money was first used in China over 1,000 years ago.
38. The U.S. stock market makes up about 55% of the global market
39. Even pirates have a stock market
40. NORTH KOREA IS THE LARGEST COUNTERFEITER.
41. GERMANS USED MONEY AS WALLPAPER.
42. ONLY 8% OF THE WORLD’S CURRENCY IS ACTUAL PHYSICAL MONEY.

43. APPLE MAKES ON AVERAGE OVER $163 MILLION A DAY.

44. In 2005, an inexperienced trader at a Japanese bank tried to sell 1 share of J-
Com stock for ¥640,000. He accidentally sold 640,000 shares for ¥1 each; the
equivalent of selling $3 billion worth of shares for the price of $5,000.
45. The New York Stock Exchange is considered to be the most traditional as
traders cannot enter the floor of the exchange if they are not wearing a suit
and tie.
46. Over 50% of millennials do not know what interest rate they are paying on
their credit cards.