CAQ 19

China and India have been in the news again for all sorts of reasons… do you know why? And which American bank has reported more losses, this time amounting to USD1.2bn (£769m)? Take this week’s current affairs quiz to find out…

1. Official GDP figures released last week showed which Asian country grew by a whopping 10.3% in 2010?

2. The Chinese RMB has hit a 17-year high against which major currency?

3. Boeing has secured the sale of 200 aircraft worth $19bn (HKD147bn) to which country?

4. Which Southern America nation has raised interest rates to 11.25% in a bid to cool inflation?

5. Which technology giant reported record profits of US$6bn (HK46.68bn) in last three months?! Apple

6. Which US bank has reported a second straight quarterly loss, of $1.2bn (HKD9.33bn)?

7. The International Monetary Fund (IMF) has approved a two-year $30bn (HKD233bn) loan to which EU country?

8. Which Taiwanese smartphone maker has emerged as a major rival to Apple’s iPhone having seen net profits rise 160%?

9. Cabin crew from which European airline has voted to strike again (date to be announced)?

10. Which BRIC country celebrates its National Day on 26th Jan?

11. Which booming Asian nation raised interest rates for the 7th time in the last year?

The IMF oversees the global financial system (Question 7)

Answers

1. China
2. USD
3. China
4. Brazil
5. Apple
6. Bank of America
7. Poland
8. HTC
9. BA
10. India
11. India