A short quiz on tHE history of Indian business By ameya samant
Q1 _________ Ghat is a mountain pass in the Western Ghats between the Konkan coast and the ancient town of Junnar in the Deccan plateau. It linked the seaports of Sopara, Kalyan, and Thane with the economic and human settlements of Nasik and Paithan. The pass gets its name from its history as a tollbooth for traders. According to Charles Allen, there is a carved stone that looks like a stupa, but is a two-piece carved stone container to collect coins. Today, it’s a popular trekking spot. Name the pass
Answer 1 Naneghat . Nane is coin in Marathi
Q2 Himmat (1964-1981) is remembered as a courageous weekly publication. Similar to The Indian Express, it chose to leave some editorials blank during the Emergency. Book Publisher X founded Himmat with Rajmohan Gandhi. He was also associated with Moral Re-Armament, an international peace movement. However, his literary reputation was attributable to his longstanding association with a stellar business organization. Who was X?
Answer 2 Russi .M. Lala. The Tata historian & JRD Tata’s Biographer
Q3 _________ _______ Ltd was established in January 1942 as a joint venture, with Nizam Mir Osman Ali Khan being one of the partners. The company was into ballot boxes, watches, double-decker buses, trucks, and refrigerators. The state government took over in 1969 & by the 1990s most of the divisions were either sold or shut down Identify the company
Answer 3 Hyderabad Allwyn
Q4 This Urdu word means trade, commerce, business. Its often prefixed or suffixed to form business words Azad _______ (Free trade) Ilm-e-________ (Business Knowledge) ___________ Hawa (Trade Wind) In the 1983 film Arpan, a teary-eyed Jeetendra sang about the transactional nature of modern love using this word. What's the good word? (7 letters)
Answer 4 Tijarat
Q5 Narayan Meghaji Lokhande is known as the father of the trade union movement in India. Mahatma Jyotirao Phule's ideas had a strong influence on him. He served as president of India’s first trade union-‘Bombay Mills Hands Association’. He led a 7 year long struggle for a key labour right. The government yielded and the first implemented it on 10 June 1890. What right, enjoyed by organised workers to this day, did Lokhande fight for?
Answer 5 Weekly holiday for workers/ Sunday Holiday
Q6 The original family name was Makharia. ___________ Chaturbhuj Makharia was a dashing entrepreneur who carved a fortune in the cotton & textile boom in the early 20 th century. His son decided to adopt his father’s name as the family surname & it eventually became the brand name for most business lines. The name gained further prominence in 2018 due to ties forged with another business major. ID the Name/ Brand
Answer 6 Piramal
Q7 Gunja or Arbus Precatorius is a wiry climber. Its seeds are toxic and have Ayurvedic applications for kapha & vata doshas in purified form. The Sanskrit name for Gunja is Raktika (red) and gives the name to a base measure used in a different industry in India. What’s the measure?
Answer 7 Ratti. Used by Jewellers 8 Ratti = 1 Masha 12 Masha = 1 Tola Also root of the hindi word रत्ती-भर meaning next to nothing
Q8 In 1911, industry pioneer Laxmanrao Kirloskar started with a small factory on land donated by Balasaheb Pantapratinidhi, the heir of the princely state of Aundh in Satara. In 1941, a machine tooling plant was set up at Harihar in South India & named ______ Kirloskar after another princely state which donated land for this venture. The gift was possible due to a visionary former royal official known for his encouragement of industry. Who was this esteemed princely official?
Answer 8 Sir M. Visvesvaraya, Dewan of Mysore The factory was called Mysore Kirloskar
Q9 The popular companies in this segment were founded by Khatri businessmen Jugal Kishore Arora, Raghunath Arora & Kartar Singh’s Amar Singh The popular brands started by them are named after an historical object, a monument & a social occasion respectively. Which branded product category is this?
Q10 Rajendra Nath Mookerjee, an engineer had a construction firm. He found the absence of British pedigree an impediment and joined hands with Englishman named Acquin ___X___ in 1892. They later took over __Y__ & Company & merged the two entities under the name XY. The company commissioned several water-work stations, feeder railways, and buildings including the Victoria Memorial. It grew into India’s third-largest industrial house, with interests in steel, engineering, wagon building, power, etc. Its dividends were higher than Tata Steel before speculation & strikes caused a sudden downfall in the mid- 1960s. The company continues to be listed on the bourses & is led by the Fatehpurias. Name the entity?