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Generali's XII Days of Xmas Answers
Generali
Posts: 36,411 Forumite
Q1. Which of the following are 'zero rated' or exempted for the purposes of VAT?
a. Children's car seats - VAT payable at 5%
b. Tampons - VAT payable at 5%
c. Chocolate body paint - zero rated (along with chocolate sprinkles etc)
d. Pornographic magazines - 0% VAT
e. Gambling - VAT exempt
f. Crisps - full VAT (tortilla chips are zero rated though)
g. Frozen Chips - zero rated (frozen ready meal)
h. New Helicopters - zero rated, whether for sale or charter
i. New Cars - full VAT payable
Q2. According to Bloomberg, how many 'bankers' lost their jobs worldwide in 2011? - Answer c, 230,000 or 'above 200,000' depending which article you read. (or not enough as also suggested)
Q3. By how much do the Office for National Statistics reckon that the total value of all the houses in England, Scotland and Wales rose or fell between the survey period 2006-8 and 2008-10? £131,000,000,000
Q4. According to the ONS (from Land Registry figures) which region (not Nation) has the highest rate of home owner occupation (incl those with a mortgage outstanding) and which region has the lowest in England, Scotland and Wales? London lowest, South East highest
Q5. How many shares were bought or sold on the London Stock Exchange in November 2011 (AIM, Main Board and International shares)? 78,838,671,830
Q6. How much money did US Citizens give to charity in total in 2010? $290,000,000,000
Q7. How much has the UK Government paid in interest in 2011 up to the end of November? £44,367,000,000
Q8.
a. What drug means, "Your face will melt off and your children will weep over your exploded body"? Charlie Sheen (said by Charlie Sheen)
b. Who said, "I have been coddled long enough by a billionaire-friendly Congress"? Warren Buffet
c. Who said, "We are the 99%"? The Occupy Movement
d. Whose speech to the TUC Conference was described as, "real...excessive risk taking"? Merv King
Q9. How much was Kweku Adoboli (UBS rogue trader) accused of losing? $2,300,000,000
Q10. According to the joke doing the rounds at present, a Portuguese, an Irishman and a Greek go into a bar. Who pays? The German
Q11. According to the Land Registry, the most expensive house in the UK this year sold for £19,250,000. How much did the cheapest go for? £16,000
Q12. Was Britain's balance of payments for 2010-11 vs 1970-71? £0, exactly the same as every year. That's why it's called the balance of payments. The current account is in deficit (ie the UK imports more than she exports), the capital account is in credit. They sum to zero (with a balancing item).
a. Children's car seats - VAT payable at 5%
b. Tampons - VAT payable at 5%
c. Chocolate body paint - zero rated (along with chocolate sprinkles etc)
d. Pornographic magazines - 0% VAT
e. Gambling - VAT exempt
f. Crisps - full VAT (tortilla chips are zero rated though)
g. Frozen Chips - zero rated (frozen ready meal)
h. New Helicopters - zero rated, whether for sale or charter
i. New Cars - full VAT payable
Q2. According to Bloomberg, how many 'bankers' lost their jobs worldwide in 2011? - Answer c, 230,000 or 'above 200,000' depending which article you read. (or not enough as also suggested)
Q3. By how much do the Office for National Statistics reckon that the total value of all the houses in England, Scotland and Wales rose or fell between the survey period 2006-8 and 2008-10? £131,000,000,000
Q4. According to the ONS (from Land Registry figures) which region (not Nation) has the highest rate of home owner occupation (incl those with a mortgage outstanding) and which region has the lowest in England, Scotland and Wales? London lowest, South East highest
Q5. How many shares were bought or sold on the London Stock Exchange in November 2011 (AIM, Main Board and International shares)? 78,838,671,830
Q6. How much money did US Citizens give to charity in total in 2010? $290,000,000,000
Q7. How much has the UK Government paid in interest in 2011 up to the end of November? £44,367,000,000
Q8.
a. What drug means, "Your face will melt off and your children will weep over your exploded body"? Charlie Sheen (said by Charlie Sheen)
b. Who said, "I have been coddled long enough by a billionaire-friendly Congress"? Warren Buffet
c. Who said, "We are the 99%"? The Occupy Movement
d. Whose speech to the TUC Conference was described as, "real...excessive risk taking"? Merv King
Q9. How much was Kweku Adoboli (UBS rogue trader) accused of losing? $2,300,000,000
Q10. According to the joke doing the rounds at present, a Portuguese, an Irishman and a Greek go into a bar. Who pays? The German
Q11. According to the Land Registry, the most expensive house in the UK this year sold for £19,250,000. How much did the cheapest go for? £16,000
Q12. Was Britain's balance of payments for 2010-11 vs 1970-71? £0, exactly the same as every year. That's why it's called the balance of payments. The current account is in deficit (ie the UK imports more than she exports), the capital account is in credit. They sum to zero (with a balancing item).
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Comments
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I hope you enjoyed it. Fancy another go next year? Should I make it easier? FOAD? Put all the questions up at one time?0
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It was fun. Don't make it easier, just put multiple choice in when there's not a cat in hell's chance that any of us will know.
What we all want to know though, is did you know these off the top of your head, or did our esteemed Gen have to look stuff up too?Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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vivatifosi wrote: »It was fun. Don't make it easier, just put multiple choice in when there's not a cat in hell's chance that any of us will know.
What we all want to know though, is did you know these off the top of your head, or did our esteemed Gen have to look stuff up too?
I looked all of them up.
Sometimes because I didn't know the answer but thought of a question that could be interesting, other times because I knew a question and couldn't remember the answer and for the rest to confirm that I had the answer right!
I knew the answers to the VAT question for example except that helicopters were zero rated. I still checked on HMRC's website to be sure.
It was quite fun to write; I hope you all enjoyed it.0 -
Just asked question 10 around the office. Was met with some giggles!
NivYNWA
Target: Mortgage free by 58.0 -
Nice quiz - may be you could paste links to the answers as well next time so we can learn even more?
ThanksI think....0 -
Nice quiz - may be you could paste links to the answers as well next time so we can learn even more?
Thanks
Thanks michaels. I tried to make it interesting
Great idea.
I thought about it but only after I'd already got all the questions and answers written down and I couldn't face searching for everything again!0
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