BizQuiz #18

Name the term used for depreciating a company’s intangible assets?
Amortization

What is known as the cost of living index which represents the goods and services purchased by consumers?
Consumer price index.

Royal & Sun Alliance recently re-entered, after 29 years, to Indian Financial market & it is the first foreign insurance company started operations here through a joint venture with an Indian company. Name the company?
Sundaram Finance.

In the world of Trade & Commerce what is special about the commissioning of Monte dei paschi si Siena in Italy in 1742?
First Trading Bank in world.

The term is derived from the Greek word ‘Oikanomia’ means “House Management”. What is it?
Economy.