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Current Affairs Quiz #6

Sunday, November 08, 2009
by Paul Hoang

Current affairs quiz for IB B&M students…

1. Which oil giant was fined a record $87m by the US authorities for failing to correct safety violations (leading to an oil explosion) at its Texas oil refinery?

2. China’s Geely Automobile is set to take over which of Ford Motor Company’s car makers from Sweden?

3. Norges Bank, the Norwegian Central Bank, was the first European bank within the past 12 months to do what?

4. How many countries in the European Union use the euro as their official currency: 12, 14, 16 or 18?

5. Which Japanese airline has confirmed it is to apply for financial assistance after reporting an operating loss of 99bn yen (approx. £667,473,973 or HKD HKD8.43bn) between April and June this year?

6. Norway’s huge revenues from which commodity helped cushion it against a severe economic downturn?

7. Which Dutch company announced plans to separate its banking and insurance operations and divest its American online-banking division? 

8. Which US online retailer’s share price shot up by 27% in a day after delivering solid earnings and forecast a happy Christmas shopping season?

9. Which European country celebrates its National Day on 11th November? 

10. Which European insurance company owns this logo?

11. Along with the USD, which Spanish-speaking nation uses the Balboa as its official currency? 

Answers

BP, Volvo, Raise interest rates, 16, JAL (Japan Airlines), Oil, ING, Amazon.com, Poland, ING, Panama

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