• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • Uncategorised

The Friday financial trivia quiz - Ferrari edition

The Friday financial trivia quiz - Ferrari edition
  • James Fernyhough
  • 18 March 2016
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Every Friday, we challenge our readers with five financial trivia questions drawn from the international/offshore world…

To see the answers, go to page 2. To suggest a question, email iieditorial
@odmpublishing.com.

Related articles

  • The Friday trivia quiz (US tax edition)
  • Friday Trivia Quiz - Asian billionaires edition
  • The Friday financial trivia quiz - water edition
  • The Friday financial trivia quiz - Concorde edition

1.  On Friday, Ferrari announced it would be building a major Ferrari theme park in an undisclosed location in China. This will be the second such theme park Ferrari has opened. Where is the first?

a. Abu Dhabi      b. Dubai      c. Doha     d. Kuwait City

2. A day pass to Ferrari World will cost you £66. Sound steep? Well, it’ll be going up soon, because the Gulf states recently agreed to introduce a value added tax (VAT) by 2018. How much will this VAT be?

a. 2%     b. 5%     c. 7%     d. 10%

3. Former Bank of England boss Mervyn King recently published a book entitled The End of Alchemy. The book explores the role of money and banking in the post-2008 world, in which central banks appear to have run out of tricks. When King left the Bank in 2013, the official interest rate was 0.5%, the same as it is today, and the lowest it has ever been.

What was the bank rate when he joined the Bank as its chief economist in 1991?

a.6%     b. 10.275%    c. 12.375%   d. 15.875%

4. When Mervyn King left the Bank of England, he was given a seat in the UK’s upper house, the House of Lords. When people are appointed to the House of Lords they take on a title, the sort of title that to non-British ears can sound like something out of The Lord of the Rings or Game of Thrones. What is Mervyn King’s title?

a. Earl King of Kensington    b. Baron King of Lothbury     c. Lord King of Croydon     d. Prince Mervyn of Hackney

5. And now to the Far East. Expats working in financial services in Thailand will be familiar with the Thai word “farang”.  What does it mean?

a. a tax-efficient investment wrapper       b.  a type of three-wheeled vehicle, typically seen used as a taxi in Bangkok   c. a derogatory term for a wealthy person    d. a white person

To see the answers to this quiz, go to page 2.

Answers to the International Investment Daily Financial Trivia Quiz:

1. (a) Abu Dhabi. Called Ferrari World, the theme park was opened in 2010 and has a number of Ferrari- and Formula One-themed rides and displays. Its most striking feature, though, is the complex’s enormous, sprawling red roof (pictured).

2. (b) 5%. The introduction of the VAT, though modest by global standards, will end the United Arab Emirates’ status as an entirely tax-free jurisdiction.

3. (c) 12.375% . But that was by no means the highest it ever went; for eight months during the hyper-inflationary days of 1979 and 1980, the bank rate was 17%.

4. (d) Baron King of Lothbury.

5. (e) a white person. Or literally, a person of European origin.

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Uncategorised

More on Uncategorised

Investec accepts indemnity insurance on HNW remortgages

  • Uncategorised
  • 08 January 2020
Bali to attract overseas property buyers as Indonesia revises luxury tax

  • Uncategorised
  • 10 September 2019
Tesco sells mortgage portfolio to Lloyds in £3.8bn deal

  • Uncategorised
  • 03 September 2019
HSBC to lend extra £35bn to UK home buyers as mortgage approvals hit two-year high

  • Uncategorised
  • 02 September 2019
HSBC Singapore launches new int'l mortgage solution

  • Uncategorised
  • 07 August 2019
Back to Top

Most read

Duff & Phelps opens Gibraltar office
Duff & Phelps opens Gibraltar office
Brexit deals hefty blow to City but industry is ready to fight back
Brexit deals hefty blow to City but industry is ready to fight back
Comment: Are cryptocurrencies the new gold?
Comment: Are cryptocurrencies the new gold?
FSCS warns industry of £1bn compensation bill
FSCS warns industry of £1bn compensation bill
Dubai regulator to develop cryptocurrency framework
Dubai regulator to develop cryptocurrency framework
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading