The Biz Quiz ­ 24 February 2008 

Questions 
 

1. Who have been jailed for 37 months each for their involvement in Enron-related fraud?

(  )The Northern Rock Board  (  )The NatWest Three 

(  )The LloydsTSB Four  (  )The Barclay Brothers 

2. Banks have moved to scrap so-called "high risk mortgages". What kind of a loan is a "high
risk mortgage"?

(  )Where the loan is made to finance a house  (  )Where the loan is made to an unemployed 
purchase in London  person 

(  )Where the loan must be repaid over a period  (  )Where the value of the house is significantly 
of less than 10 years  less than the value of the loan 

3. Who voted "9-0 to cut rates"?

(  )The Local Government Association  (  )The new Northern Rock Board of Directors 

(  )Gordon Brown's Cabinet  (  )The Monetary Policy Committee 

4. The regulator of the energy industries is to launch an investigation into Britain's electricity and
gas supply markets. What is the name of the regulator?

(  )OffEnd  (  )GasWatch 

(  )Consumers Association  (  )Ofgem 

5. Who is the new Executive Chairman of Northern Rock?

(  )Ruth Saddler  (  )Ron Howard 

(  )Reg Handler  (  )Ron Sandler 

 
6. Who announced that it would stop production of HD DVD players and recorders using its own
technology?

(  )Toshiba  (  )Sony 

(  )Samsung  (  )Dell 

7. What will soon be new about Tate & Lyle sugar sold in shops?

(  )It will be coloured light blue  (  )It will carry the Fairtrade mark 

(  )The packet will carry a warning about obesity  (  )It will no longer have a best‐by date 

8. McDonald's has sold a 33% stake in a UK-owned business. Which one?

(  )Burger King  (  )Pret A Manger 

(  )Greggs  (  )Costa Coffee 

9. Which retailer announced plans to embark on large-scale expansion in 2008, aiming to create
9,000 new jobs and open 22 stores?

(  )HMV  (  )John Lewis 

(  )Ann Summers  (  )Asda 

10. Cadbury's is making changes to its Easter eggs in a bid to become more eco-friendly. What is
changing?

(  )Less packaging  (  )Less chocolate 

(  )Energy for the production line will all come  (  )Recyclable chocolate 
from renewable sources 

   
Answers 
 

1 The NatWest Three 

2 Where the value of the house is significantly less than the value of the loan 

3 The Monetary Policy Committee 

4 Ofgem 

5 Ron Sandler 

6 Toshiba 

7 It will carry the Fairtrade mark 

8 Pret A Manger 

9 Asda 

10 Less packaging