# Zerodha Varsity Quiz 2026 - Mumbai Prelims - Quiz by: Raghav Chakraborty (QM Prayag) - Published: 2026-03-12 - Slides: 40 - Topics: Business, General - View online: https://prayag-mohanty.github.io/QM/quiz/zerodha-varsity-quiz-2026-mumbai-prelims/ - Download PDF: https://prayag-mohanty.github.io/QM/files/zerodha-varsity-quiz-2026-mumbai-prelims/zerodha-varsity-quiz-2026-mumbai-prelims.pdf A collection of the questions asked during the prelims. A finance quiz covering stock market terms, IPOs, economic concepts, business history, and notable personalities in Indian and global finance. ## Slides ### Slide 1 Zerodha Varsity Quiz 2026 India’s Premier Finance Quiz · Mumbai Edition Prelims ### Slide 2 QUESTION 1 In February 2026, the 6th edition of the Zee Business–BSE annual marathon was held in Mumbai, symbolically linking physical endurance with long-term wealth creation. The event’s name draws from a popular stock market term that signifies sustained upward momentum and rising investor optimism on Dalal Street. What was the two-word title of the event? ### Slide 3 ANSWER 1 Bull Run The BSE Bull Run, Mumbai, 22 February 2026 — with Enerzal as energy partner, streamed live on Zee Business. ### Slide 4 QUESTION 2 SEDEMAC Mechatronics is a Pune-based company that designs and supplies electronic systems for automotive and industrial applications. They had their IPO on March 4, 2026, which has been subscribed 2.68 times, raising their valuation to Rs. 6000 crores. Which entity is poised to make a windfall of Rs. 55 crores as a result of their early stake in the company? ### Slide 5 ANSWER 2 IIT Bombay Through its incubator SINE — the Society for Innovation and Entrepreneurship. ### Slide 6 QUESTION 3 This mechanism was introduced by SEBI in 2012 to enable stakeholders to reduce their holdings while raising capital by facilitating the sale of shares without issuing new ones. What is this mechanism called? ### Slide 7 ANSWER 3 Offer For Sale (OFS) Promoters sell existing shares to investors on the exchange platform — no fresh issue of shares involved. ### Slide 8 QUESTION 4 In a 2025 interview, Timothy F Daniels, President and CEO of Tiger 21 — a peer-to-peer learning network for ultra-high-net-worth individuals — observed that during the network’s India meetings, one theme consistently dominates discussions. What is this key issue, a word well-known at the intersection of pop-culture and business since 2018? ### Slide 9 ANSWER 4 Succession Also the HBO series that made the word a business-world shorthand from 2018 onwards. ### Slide 10 QUESTION 5 “Designed to Win” by S. Devarajan tells the story of an Indian public company whose Data Control Hardware powered India’s Mars Orbiter Mission, Mangalyaan, highlighting its expertise in space technology. The company also counts among its clients Ford, Jaguar Land Rover, Nissan, Mahindra, Motorola, Comcast, Echostar and Panasonic, among several others. Which company is this? ### Slide 11 ANSWER 5 Tata Elxsi The book’s full title is “Designed to Win: The Tata Elxsi Story”. ### Slide 12 QUESTION 6 Warren Buffett has spoken about where the very first investment primer came from — dating all the way back to 600 BC. According to Warren Buffett, the first investment primer was provided in 600 BC by whom? ### Slide 13 ANSWER 6 Aesop “A bird in the hand is worth two in the bush” — Buffett calls it the oldest lesson in valuing future cash against present cash. ### Slide 14 QUESTION 7 / 8 A horse with a mane the color of grey. It's most famous as the name of Gandalf's horse in The Lord of the Rings — lord of the Mearas, the great horses of Rohan. Which company is named after the horse, inspired by its speed & reliability? ### Slide 15 ANSWER 7 / 8 Shadowfax The logistics company ### Slide 16 QUESTION 9 In the 1960s, Ron Klein came up with an idea to accelerate an existing process by taking inspiration from the newly released reel-to-reel recorders, and figured out how to record the information merchants needed on it. The invention required people to move it in a slow action, followed by a rapid action, which would mimic the recorder. Which invention are we talking about? ### Slide 17 ANSWER 9 The magnetic credit card strip Ron Klein, “the grandfather of possibilities”, gave the credit card its magnetic stripe — hence the slow- then-fast swipe. ### Slide 18 QUESTION 10 “Our logo may appear incongruous to a world that places great premium on speed. However, for us at ____, the ______ symbolises age and wisdom.” “Just as a ______ stands for longevity, at ____ we invest for the long term and are unaffected by the short-term vicissitudes of the market. Similarly, just as the ______ hibernates in winter, only to emerge rejuvenated, we too believe in acting only when the time is ripe.” This is the explanation provided by which company about their logo? ### Slide 19 ANSWER 10 PPFAS Mutual Fund Parag Parikh Financial Advisory Services Limited — the blanks are filled by the tortoise. ### Slide 20 QUESTION 11 In 1958, economist Bill Phillips introduced his Phillips Curve, which established a relationship between lowering unemployment and increasing wages in an economy. This was challenged by Milton Friedman in the 1960s, who predicted that attempting to lower unemployment via expansionary policy would only cause inflation to accelerate. Which economic situation, first seen in the world in the US following the 1973 oil crisis, validated Friedman’s argument? ### Slide 21 ANSWER 11 Stagflation An economic cycle marked by slow growth, high unemployment and high inflation all at once. ### Slide 22 QUESTION 12 In the 19th century, senior British army officers wore hats adorned with oak leaves that had the appearance of being made in gold, as a way to reflect their status. While very few were made from actual gold, a less-expensive, lustrous alloy was used to give this appearance. Which two-word term originates from this? ### Slide 23 ANSWER 12 Top Brass The alloy was brass — hence the phrase for an organisation’s senior leadership. ### Slide 24 QUESTION 13 In 1215, a group of barons, led by Essex landowner Robert Fitzwalter, were unhappy with the heavy, arbitrary taxes imposed by the King that funded failed wars in France. What was created as a solution that helped curb the King’s power and mandated him to take consent for levying taxes? ### Slide 25 ANSWER 13 The Magna Carta Sealed by King John in 1215 — the origin of “no taxation without consent”. ### Slide 26 QUESTION 14 The pyramid hierarchy traditionally shows a wide base of junior employees supporting a small apex of senior leaders. With AI now handling most entry-level tasks, the need for a large junior base is shrinking. As a result, this is now being reimagined as a similar, but leaner structure. Which shape/structure is it being reimagined as? ### Slide 27 ANSWER 14 The Obelisk Consulting’s shift from Pyramid to Obelisk — a tall, narrow structure with fewer layers and more senior expertise. ### Slide 28 QUESTION 15 Starting with Mombasa, Kenya in 1953, this Indian bank named after a wealthy princely state currently has over 80 overseas branches, contributing approximately 15.91% to its total business. One of its most significant foreign branches was opened in 1976 in a European capital city to facilitate international trade for a specific type of businesses from Bombay and Surat. Which business & which bank? ### Slide 29 ANSWER 15 Bank of Baroda · The diamond industry The Brussels branch, opened in 1976, served diamond traders from Bombay and Surat. ### Slide 30 QUESTION 16 Manu Manek’s infamous Bear Cartel that was active in the late 1970s and throughout the 1980s had 3 key proteges. Nicknamed Triple R, one of the three was a young chartist named Raju. Who were the other two? ### Slide 31 ANSWER 16 Rakesh Jhunjhunwala & Radhakishan Damani The three R’s of Manu Manek’s circle — Raju, Rakesh and Radhakishan. ### Slide 32 QUESTION 17 Kishore Biyani regularly conducted his “Bharat Darshan” to understand Indian consumers. He had a particular interest in some of the practices in South India. He took inspiration from Chennai’s Saravana Stores for their comprehensive product offerings under one roof. Which place served as his inspiration for crowd management, which he effectively adopted during the high influx his stores would face during sales? ### Slide 33 ANSWER 17 Tirupati Widely reported as the Tirupati (Tirumala) temple queue system ### Slide 34 18 In an interview with Livemint in 2024, Nikhil Kamath said, “I don’t eat till 2 pm and ____ somehow suppresses my appetite. So, I will have one ____ when markets begin at around 9 am and then another by 12 pm, and it keeps me going till 2 pm easily.” His affinity for this product led him to invest in a brand that is named after this region. Which brand? ### Slide 35 ANSWER 18 Subko From “Subcontinent” and the Hindi “Sabko”, meaning “for all” — the coffee brand Kamath invested in. ### Slide 36 QUESTION 19 The term gives us mortgage, literally a "dead pledge" — the pledge dies once the debt is paid off. The same root gives us a second financial term, which entered English in the 14th century meaning "to kill off." Today it describes two things: repaying a loan in instalments of principal and interest until the balance is extinguished, and writing down the cost of intangible assets like patents and copyrights over their useful life. Which term? ### Slide 37 ANSWER 19 Amortisation Applies to intangible assets and loans: it spreads the cost of patents and copyrights over the asset’s useful life, and for loans it means repaying in full through monthly payments of principal and interest. ### Slide 38 QUESTION 20 A video from “The Growth Story of the Decade” was played, featuring Radhika Gupta. According to Radhika Gupta, who is responsible for all these significant growth parameters that are discussed in this video? ### Slide 39 ANSWER 20 Answer slide not captured The answer slide for this question wasn’t in the photos — fill it in from the official answer key. ### Slide 40 That’s a wrap Zerodha Varsity Quiz · Mumbai Corporate Edition