Thank you
for participating in Online Prelims of Finatic, Das Capital
2020!
The Top 2 teams from Online Prelims will now qualify for the final round.
Teams that have qualified for the
final round will be notified via mail shortly.
So here
is the list of answers along with the ideal set of reasoning however, we have
taken into consideration all the different answers and interpretations that we
came across, depending on the connection provided.
Answer 1: Alibaba
Reasoning:
1. Kotinos (olive wreath) was the prize for the winner at
the ancient Olympic Games. In January 2017, Alibaba and International Olympic
Committee announced a 800 million deal to sponsor the Olympic Games.
2. Ant Financial (formerly Alipay) is an affiliate company
of Alibaba Group. It is the highest valued FinTech Company in world and the
world's most valued unicorn at $150 billion.
3. In San Francisco in a cafe, he thought of the name
Alibaba and asked the waitress if she knew about it. She replied, "Open
Sesame". The picture shows sesame seeds.
4. In 2005, Yahoo! bought a 40% stake in Alibaba for $1
billion.
Answer 2: Rolex
Reasoning:
1. When James Cameron descended into the Mariana Trench in
2012, he sported a Rolex Deepsea Challenge, which was guaranteed waterproof to
a depth of 12,000 meters (39,370 feet). The watch kept perfect time throughout
the 7 hour underwater journey.
2. Ian Fleming, the creator of James Bond novels was a fan
of Rolex watches. In his initial novels Bond is known to wear Rolex watches.
3. In 1926, Rolex created the Oyster collection, the world's
first waterproof and dustproof watch.
4. The company was founded in London but relocated to
Switzerland due to wartime exigencies. Big Ben is in London.
Answer 3: Starbucks
Reasoning:
1. In 1971 when the company started in Seattle they only
sold whole roasted coffee beans and did not yet brew coffee.
2. Starbuck is the name of the first mate in Moby Dick. They
named it so as they thought that the name starting with 'st' had some special
power.
3. English teacher Jerry Baldwin, history teacher Zev Siegl
and writer Gordon Bowker shared the love for coffee and tea and started this in
University.
4. It believes that circular dining areas feel less empty
compared to rectangular tables. They don't want you to feel alone.
Answer 4: Lee
Cooper
Reasoning:
1. It celebrated its 100th year by supplying denim jackets
and suits for the British team for the opening ceremony of 2008 Beijing
Olympics.
2. M. Cooper (Overalls) became one of the leading suppliers
to Her Majesty's Armed Forces. Later the company was rechristened to Lee
Cooper.
3. Lee Cooper was one of the main pitch side sponsors at the
1984 UEFA Euro in France. Peno was the mascot.
4. Lee Cooper was the first to identify the connection
between music and fashion. It worked with legendary artists including Rolling
Stones, UB40 etc.
Answer 5: Verizon
Reasoning:
1. Earlier manufacturers had no leverage on how leverage on
how much the phone cost, it's features or even software updates. It depended on
the wireless carrier. With the iPhone, Apple changed it all. Now Verizon and
others had to listen to Apple.
Power to manufacturers!
2. Verizon Communications bought a 45% stake in Verizon
Wireless (a subsidiary) for $130 billion from Vodafone in one of the biggest
deals in corporate history.
3. In 2009, Verizon created a "That's not cool"
campaign to help teens recognize and prevent digital dating abuse, in
partnership with 'Family Violence Prevention Fund' & 'Office on Violence
against Women'.
Answer 6: Flipkart
Reasoning:
1. Flipkart is based in Bangalore. The clip is from a famous
dialogue-less movie starring Kamal Hassan, Pushpaka Vimana (1987) shot in
Bangalore in Windsor Manor.
2. Softbank was one of the biggest Flipkart investors till
August 2018. Here Softbank CEO Masayoshi Son is speaking...
3. 'Leaving Microsoft to change the World' was the first
book sold on Flipkart. Sherlock is the name of Flipkart's search engine...
Answer 7: Mastercard
1. The President and CEO Ajaypal Singh Banga is a
Stephanian.
2. Mastercard operates Banknet, a
global telecommunications network linking all Mastercard card
issuers, acquirers, and data processing centres into a single financial
network. The operations hub is located in St. Louis, Missouri. (Picture of
St. Louis IX, the French King)
3. QkR is a mobile payment app developed by Mastercard,
for the purpose of ordering products and services through
a smartphone with payments charged to the associated credit
card. It is being deployed for use in large-scale events, such as sport events,
concerts, or movie theaters. It is being tested in Yankee Stadium (The QR
reads Yankee Stadium).
4. The company logo has resemblance to Venn Diagrams.
Answer 8: Paypal
Reasoning:
1. YouTube was created by Paypal employees.
2. Paypal was acquired by eBay in July 2002 until July 18,
2015.
3. Tesla and Paypal have a common founder-Elon Musk
4. Paypal was initially named X.com
We shall also be hosting Offline Prelims on 11 January 2020 at St. Stephen's College.
You can participate in both the prelim rounds i.e. Online and Offline.
So, if you are unable to clear Online Prelims, feel free to register for
Offline Prelims as well.
Kindly register
here for Finatic and other events at DC 2020,
if not done earlier and invite your friends also to our events if you like
them.
