Tuesday, October 1, 2019

Answers to Finatic Online 2019



Thank you for participating in Finatic Online 2019!
The Top 8 teams will now qualify for the final round.
The cutoff for the finals this time is 90 points.
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
ZARA
Reasoning:
1. The company was started by Amancio Ortega and his wife Rosalia Mera. They began by stiching gowns and lingerie.
2. It was first named Zobra but there was a local bar which was named Zobra so they had to drop the title.
3. The origin of zara is Spain and it brought the concept of 'fast fashion'.

Answer 2
AMAZON
1. The Amazon Spheres are three spherical conservatories that are part of the Amazon headquarters campus in Seattle, Washington, United States.
2. In June 2017, Amazon purchased Whole Foods Market for $13.7 Billion.
3. Amazon Web Services (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms.
4. Robotics, formerly Kiva Systems, is a Massachusetts - based company that manufactures mobile robotic fulfillment systems.

Answer 3
HUGO BOSS

1. With the rise of the Nazi Party in the 1930s, Boss began to produce and sell Nazi uniforms.
2. It was one of the sponsors of the Mclaren racing team.
3. Hugo Boss has a licensing agreement with Movado to produce watches.
4. In 1984, the first Boss branded fragrance appeared. This helped the company gain the required growth for listing on the Frankfurt Stock Exchange the following year.

Answer 4
SAMSUNG
1. It produces TV.
2. Samsung C&T was the main contractor for Burj Khalifa
3. Renault Samsumg Motors is a subsidiary of Renault
4. It produces cameras.

Answer 5
INSTAGRAM

1. Instagram originally distinguished by only allowing content to be framed in a square (1:1) aspect ratio, but these restrictions were eased in 2015.
2. The most instagrammed food is Pizza.
3. The first Instagram post: Instagram CEO and co-founder Kevin Systrom took a picture of a dog in Mexico near a taco stand, with a guest appearance by his girlfriend’s foot (XPRO-2 filter was used).
4. The Instagram pier is a pier on the waterfront of Hong Kong. Due to the huge amounts of scenic posts from this cargo deck, it's famous.

Answer 6
SYNDICATE BANK

Syndicate Bank is one of the oldest commercial banks in India.
1. Syndicate Bank is our ie Finance and Investment Cell's sponsor for the year 2019.
2. Initially, the bank used to collect as low as 2 annas from doorsteps of depositors (usually poor weavers) through its agents.
3. It was started in Udupi, Karnataka with a capital of 8000 rupees. The picture depicts the famous Sri Krishna Temple in Udupi.

Answer 7
LAKME 

1. Lakmé is the title sponsor for Lakmé Fashion Week, organized by IMG in partnership with Reliance. IMG organizes the Miss Universe contest. Catriona Gray is the 2018 Miss Universe.
2. It was named after the French opera Lakmé, which itself is the French form of Lakshmi (Goddess of wealth), who is renowned for her beauty.
3. It started in 1952 famously because Prime Minister Jawaharlal Nehru was concerned that Indian women were spending precious foreign exchange on beauty products and personally requested JRD Tata to manufacture them in India.
4. A reference to Lakmé 9 to 5 cosmetic range...

Answer 8
ROLLS-ROYCE


1. Rolls-Royce uses only bull leather for its cars. It takes 8 bulls to upholster a single Rolls-Royce.
2. Phantom IV was exclusively produced for British royalty and heads of state. Only 18 were made between 1950 and 1956.
3. The Rolls-Royce White Glove Experience is a chauffeur training program exclusively for Rolls drivers.
4. Maharaja Jai Singh of Alwar was enraged by the salesperson's behavior at a showroom in London, who thought that he was a commoner. He went back in his royal splendor, bought all 6 cars there and shipped them to India where it was used to pick up garbage. Rolls acquired a new tag "The car used for sweeping streets and picking garbage in India".

Answer 9
TITAN

1. They collaborated with Tanishq Jewellers
2. The picture of glasses is to depict that they also sell frames
3. 3rd picture is IIT Madras, Titan started in Chennai
4. They issue their shares in the ratio of 1:20

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