Take a shot at the Moneycontrol Ultimate Business Quiz. Check how many you get right.

Q1: It originally figured in the work - De finibus bonorum et malorum ("On the ends of good and evil") by the Roman orator, politician and philosopher Marcus Tullius Cicero. Later it was made popular by Letraset is a company based in Kent, UK. It was introduced to the Information Age in the mid-1980s by Aldus Corporation, which employed it in graphics and word processing templates for its desktop publishing program, PageMaker, for the Apple Macintosh. What are we talking about?

Answer: Lorem ipsum. A filler text commonly used to demonstrate the graphic elements of a document or visual presentation. The lorem ipsum text is typically a scrambled section of De finibus bonorum et malorum, derived from sections 1.10.32–3. Today's popular version of Lorem ipsum was first created in the mid-1980s for Aldus Corporation's desktop publishing program PageMaker for the Apple Macintosh.

Q2: The person is claimed to be a 37-year-old male who lived in Japan. In a 2011 article in The New Yorker, Dr Vili Lehdonvirta and Irish student Michael Clear were considered. In October 2011, the names of Neal King, Vladimir Oksman and Charles Bry were suggested by media. In 2013, Vice listed Gavin Andresen, Jed McCaleb, or a government agency as possible candidates. The most high-profile speculation to date came in a March 6, 2014, article in the magazine Newsweek, when Dorian Prentice, a Japanese American man living in California was identified as the person. Dorian Prentice denies the speculation and has sued Newsweek. What are we talking about?

Answer: The identity of Satoshi Nakamoto - a person or group of people who created the Bitcoin protocol and reference software, Bitcoin Core. It is not known whether the name "Satoshi Nakamoto" is real or a pseudonym, or whether the name represents one person or a group of people.

Q3: Major Robert Loraine was a leading figure in the earliest days of flight and served in the Great War, completing one mission despite having been shot through the neck. What word is credited to him, having been used first in 1909 in his diary to describe aircraft controls?

Answer: Joystick

Q4: 2015 was the International Year of Light and Light-based Technologies as per United Nations. As a part of IYL 2015's global campaign, the 1000 year anniversary of a scientist will be celebrated by showcasing his achievements in optics, mathematics and astronomy will be unveiled. Name the scientist.

Answer: Ibn Al-Haytham. He was a pioneering polymath from Basra (in modern-day Iraq) who lived in the 10th century and is often referred to as the ‘father of modern optics’.

Q5: Einstein, Podolsky, and Rosen in 1935 published an article on quantum mechanics. Another scientist who read this started exchanging letters with Einstein explaining his interpretation of the problem of quantum entanglement which was discussed in the article. Who was the scientist and what resulted from these correspondences? (Reuters)

Answer: Schrödinger and Schrödinger's cat. The EPR article highlighted the strange nature of quantum entanglement, which is a characteristic of a quantum state that is a combination of the states of two systems (for example, two subatomic particles) that once interacted but were then separated, and are not each in a definite state. The Copenhagen interpretation implies that the state of the two systems collapses into a definite state when one of the systems is measured.

Q6: He was the second Chief Minister of West Bengal in India. He remained in his post for 14 years as an Indian National Congress candidate, from 1948 until his death in 1962. In India, the National Doctors' Day is celebrated on the date of his birth (and death) July 1 every year. He was awarded Bharat Ratna on 4 February 1961, India's highest civilian honour. Who?

Answer: Bidhan Chandra Roy

Q7: In the founder’s words, “It was originally inspired three years ago by a conversation I had with my dad, a neurosurgeon at Stanford University. At the time, he was encountering a lot of barriers to publishing one of his papers in a medical journal. The elite peer review and glacial pace was frustrating, and he realized that what he really wanted was to make his paper accessible to as many people as possible and as quickly as possible.” What was founded thus? (Image: Reuters)

Answer: Scribd. John R. "Trip" Adler is the CEO and co-founder of Scribd. Adler received inspiration for Scribd from a conversation with his father, who had difficulty publishing an academic paper in a medical journal.

Q8: The origin of this industry in India goes back to the beginning of this century. Around 1910 immigrant Japanese families who settled in Calcutta began making this product with simple hand- and power-operated machines. After the war, factories in Calcutta were unable to compete with imports, and handmade production shifted to southern India. What is this industry?

Answer: Safety Match Industry (Image: Reuters)

Q9: It is an ambitious project with long-term aims, that is being developed in partnership with Swarovski, The Woolmark Company and MATCHESFASHION.COM. The aim is to showcase a wealth of design and artisan fashion talent across its 53 countries. Selected design talent includes major names such as Karen Walker representing New Zealand, Bibi Russell representing Bangladesh and Burberry and Stella McCartney representing the UK. What is it known as? (Image: Reuters)

Answer: The Commonwealth Fashion Exchange (Representative Image: Reuters)

Q10: A company which is into the business of replacements is one among a number of agencies in Japan. The founder’s goal is to bring about a society where no one needs our service. What are they into?

Answer: Yūichi Ishii is the founder of Family Romance, a company which is into the business of replacements. The founder’s goal is to bring about a society where no one needs our service.

Q11: It is an alchemical term for the process of creating the philosopher's stone. It has been used to describe personal and spiritual transmutation, attached to laboratory processes and chemical color changes, used as a model for the individuation process, and as a device in art and literature. It has 4 stages: nigredo, a blackening or melanosis albedo, a whitening or leucosis citrinitas, a yellowing or xanthosis rubedo, a reddening, purpling, or iosis. What is the term?

Answer: Magnum opus

Q12: It originated in ancient China as early as the Xin dynasty (9 AD). It was reinvented in its modern form in 1631 by a French mathematician. Its use was described in detail in English in Navigatio Britannica (1750) by John Barrow, the mathematician and historian. In some languages, this device is called a nonius. What are we talking about?

Answer: Vernier scale (invented by Pierre Vernier) (Image: Reuters)

Q13: During WW2 engineers used the binary system to label these, with "1" and "0“. In 1973, International Electrotechnical Commission vaguely codified this symbol and later IEEE standardised its usage. Which symbol, that is seen in almost all of our devices? (Representative Image: Reuters)

Answer: Power Symbol

Q14: Though the symbol was drawn to resemble an item from Roman mythology, it was later altered adding a circle, a square and a triangle. This was to signify the different peripherals that could be used with this standard. Which symbol are we talking about? (Image: Reuters)

Answer: USB Icon (Image: Reuters)

Q15: The use of the term in its current form was coined in 1985 by Richard Garriott for the computer game Ultima IV. Its usage to mean online virtual bodies was popularised by Neal Stephenson in his cyberpunk novel Snow Crash (1992). Borrowed from Hindu myth, which term are we talking about?

Answer: Avatar (Image: Reuters)

Q16: This term refers to an organized form of theft in which a group of participants enter a retail shop or convenience store en masse and steal goods and other items. Its name originates from another term used in media where a group of people assemble quickly, perform an unusual and seemingly pointless act, and then disperse. What are the two terms? (Representative Image: Reuters)

Answer: Flash mob and Flash rob (Reuters)

Q17: It is the de facto sleep state symbol on devices in the United States and Europe. It was originally used to show the state where an electronic device to be neither on nor off. Which symbol?

Answer: Crescent Moon

Q18: A caesura is a musical notation that is believed to have made its way into the world of technology. Which symbol?

Answer: Pause

Q19: In astronomy, with regard to certain nomenclature, what do the following letters - P, C, X, D, A- stand for? (Image: Reuters)

Answer: Comet nomenclature: P indicates a periodic comet (defined for these purposes as any comet with an orbital period of less than 200 years or confirmed observations at more than one perihelion passage). C indicates a non-periodic comet (defined as any comet that is not periodic according to the preceding definition). X indicates a comet for which no reliable orbit could be calculated (generally, historical comets). D indicates a periodic comet that has disappeared, broken up, or been lost. A indicates an object that was mistakenly identified as a comet, but is actually a minor planet. (Image: Reuters)

Q20: Friedrich August _________, was the principal formulator of the theory of chemical structure (1857–58). He for some reason only used his last name in his works. The need for an international standard for chemistry was first addressed in 1860 by a committee headed by him. The ideas that were formulated in that conference evolved into the official IUPAC nomenclature of organic chemistry. Identify the scientist. (Image: Reuters)

Answer: Friedrich August Kekulé