BQ Practice Qs - 2 Flashcards
J.P. Morgan Chase & Co. has offered to pay around $3 billion to try and settle what?
Criminal and civil investigations by federal and state prosecutors about its mortgage-backed-securities activities
What is the name of the largest U.S. bank by assets that is currently facing at least seven Justice Department probes, on matters ranging from energy trading to its hiring practices in China.
J.P. Morgan
J.P. Morgan Chase & Co. has offered $3 billion in order to settle civil and criminal investigations into what?
Mortgage-backed-securities activities
Federal prosecutors are seeking to settle a case with SAC in regards to what?
Insider-trading
Who is the CEO of J.P. Morgan that is trying to settle criminal and civil investigations by paying $3 billion?
James Dimon
The new U.S. health-care exchanges will be offered in three different plans. What are the names of these plans offered
“Bronze” Plan, “Silver” Plan, “Gold” Plan
The potential cost of J.P. Morgan’s settlement to end criminal and civil charges has now risen to $11 billion because someone rejected the bank’s $3 billion offer. Who was it that rejected it?
U.S. Attorney General Eric Holder
Which group of people have been seen more and more frequently in prisons?
Mentally Ill
After a rejection of their offer of $3 Billion, settlement talks with which company have now risen to $11 Billion?
J.P. Morgan
Why is JP Morgan being sued by the Justice Department?
They misled investors about the quality of the underlying mortgages that were tied to the mortgage-backed-securities of which many of them collapsed in value as housing prices eroded.
The U.S is running our of money to pay it’s bills quicker than expected. Treasury Secretary said government would be left with just $30 billion cash no later than when?
41564
What is the name of the company that holds the multibillion-dollar Pentagon contract to supply U.S. forces in Afghanistan with food and water
Anham FZCO
What hitch in the plan for the healthcare plan rollout did the Obama administration acknowledge would delay the rollout?
A technological problem that will cause insurance exchanges to not be ready to accept online applications from small businesses
The U.S. and Iran had their most significant talks in 36 years on Thursday that could begin to take on the decades of enmity between the two countries. What was the subject of the discussions?
Tehran’s disputed nuclear program
Last week, The Wall Street Journal reported that software supporting exchanges for individual consumers that the federal government is running on behalf of 36 states was miscalculating U.S. subsidies for low-income people. What government-outsourcing company holds the contract to develop the individual-exchange software as part of the new health care law?
CGI Group Inc
What are many ACOs targeting to net the most significant savings?
Their costliest patients
A glitch in what may slow the release of Obama’s ne healthcare law?
The online acceptance
What have congressmen been struggling to agree on that has led to a partial shutdown of the federal government?
Government-funding plan
Small business firms wanted to begin comparing their coverage options for 2014 through the exchange of the Affordable Care Act starting October 1st. What caused this to be delayed?
Technological glitches in the computer systems; insurance exchanges wouldn’t be ready to accept online applications from small business
What is the problem with the online software for the new health care plan that allows employees to shop online for health care, that was originally supposed to be up and running on Tuesday
Will not be able to accept online applications
Several countries of the United Nations have been in talk with Iran about their nuclear program they are running. Which country (not part of the U.N. debate) insists that the U.S. be careful and suggests that we should be cautious when believing Iran
Israel
What did a Kenyan government intelligence report say in regards to the attacks by militants on the Westgate mall in Kenya?
It warned of a potential attack at the complex a year before the assault
Siemens will have to cut 15000 jobs by the end of it’s next fiscal year under what?
It’s restructuring program
With the government heading towards shutdown, both parties (Democrat & Republican) are pointing fingers at who to blame, and which party is going to find a resolution to this problem. What did the Democratic party suggest to put an end to this crisis?
Democrats suggest House Speaker, John Boehner, could put an end to this quickly by asking the House to pass the Senate plan for extended federal funding, including no provisions aimed at the health law.
What did House Majority Whip Kevin McCarthy state one day before the federal government shut down over dispute of the Affordable Care Act?
“We will not shut the government down; if we have to negotiate a little longer, we will continue to negotiate”
The U.S. government is in risk of shutting down for the first time since when?
1996
Barack Obama is meeting with the Prime Minister of what country in order to sell his diplomatic drive to ease tensions with Iran
Israel
After meeting with President Obama at the White House on Monday, Israeli Prime Minister Benjamin Netanyahu asked for what regarding the conflict with Iran?
That the Iranians completely dismantle their military nuclear program before the West would ease its financial pressure or the threat of military force
What is the main difference in position between Prime Minister Netanyahu and President Obama in the Nuclear talks with Iran?
Netanyahu wants Iran to completely halt it’s entire nuclear program, Obama would allow it to continue under restrictions, with supervision.
What are the coverages available for Kentucky residents according to the passage?
Health-insurance plans or state’s Medicaid program using its new marketplace
Sales of what seem to be decreasing in Europe as consumers are finding more value in spending their money elsewhere?
Cars
The U.S. is struggling to avoid the government shut down as Congress cannot come to and agreement. The large part of the disagreement between Democratic Senate members and the GOP is the amount of funding to what?
New Health Law
While the U.S. has been in negotiations with Iran about Tehran’s nuclear program and have discussed allowing Iran to maintain “some” of it’s nuclear program, Israeli Prime Minister Benjamin Netanyahu would like to see how much of the nuclear program continued?
None/ Completely shut down
The FHA may need money from the treasury, but it does not need to ask congress for money. Why doesn’t the FHA need to ask Congress for money?
Because the FHA is a “permanent and indefinite” budget authority.
An Argentine priest who has been defended by Pope Francis for his actions on sexual abuse against an adolescent boy years ago was caught for his wrong-doings by how?
The abuse ended in 2002 when a local news program, Telenoche Investiga, aired a segment in which several boys admitted to his abuse on air.
Anham FZCO recently won the Pentagon supply contract in which holds high priase, but this contractor violated border territories by entering Iran to supply a food warehouse at Bagram Air Field in Afghanistan. What supplies were Anham bringing in through Iran?
The supplies included steel from Saudi Arabia, insulation panels from Dubai, and 28 “lowboy” trailers from Kuwait slong with trucks to pull them.
Although no one has claimed responsibility for the attacks, who is being blamed for the wave of bombs in Baghdad that recently killed at least 55 people and is a part of a string of attacks over the last five months?
Sunni insurgents determined to rekindle sectarian conflict
Who is the Prime Minister of Turkey
Recep Tayyip Erdogan
International health officials are faulting Saudi Arabia over its response to a virus that has killed dozens of people already. What is the name of the virus?
Middle East Respiratory Syndrome coronavirus
What is the social web tool mentioned in the passage?
Weibo microblog
After recent rises in home prices, the pace may slow down because of what?
Rising mortgage rates
Researchers at Stanford University introduced the first functional computer made entirely from carbon nanotube transistors, instead of traditionally used silicon. How are these nanotubes made?
The nanutubes are grown like cyrstals, and then fall into place which can cause cross-connections.
The Bernanke’s comment on the 7% unemployment rate after September meeting was different than the comment after which previous meeting?
After the Fed’s Jun policy meeting
With the economy in an economic downfall, spending cuts are likely to begin happening. Government institutions are likely to be affecting by these spending cuts pretty dramatically. What are some spending cuts the economy plans to eliminate?
The Commerce Department’s Bureau of Economic Analysis plans to eliminate parts of its reasearch and analysis on foreign direct investment data used to track flows of foreign capital into the U.S. along with Social Security, Medicare, and Medicaid
What is the difference of R&D spending between China and U.S.?
U.S. spends more that China on the basic science
Why are rental prices increasing nationwide?
Rising home prices are driving up the demand for rental units.
With more overdose deaths from a drug called “Molly, what are drug makers lacing this drug with and ultimately the culprit to some of these deaths?
Drug makers of “Molly” have been using methylone, a bath-salt drug that people commonly replace as Molly, to lace this for of ecstasy.
What the difference between MDMA and bath salts?
MDMA typically generates feelings of empathy, while bath salts tend to induce paranoia and hallucinations
How did some community colleges and university respond to the increasing student debt and skepticism towards traditional graduates?
Selling smaller, cheaper packages of classes
What led to the confusion about the movements and decision-making of the crew?
The communication gap and misunderstanding between fire-fighters and supervisors
A federal judge approved a settlement that will end the segregation of HIV-positive prisoners from the general population in Alabama. How were these HIV-positive inmates treated before this settlement was made?
Inmates with HIV would have to wear white armbands highlighting their staus to other people located the facility. This puts a label on the inmates which could lead to violence committed to the inmates, but with this rule there will be a zero-tolerance policy for any inmate committing violence against the HIV-positve inmates.
U.S. household wealth has been boosed by $1.3 trillion in the second quarter of this year due to what?
Rising home prices
What three agencies would be most affected by a government shutdown?
The Environmental Protection Agency, The National Labor Relations Board and the Commodity Futures Trading Commission
Cutting government services is causing american business to have what kind of mentality?
very shortterm; no one wants to make a decision; anxious
What does Mr. Letta need to reach a majority in Senate?
He needs the support of the conservative
Current Iranian President Hasan Rouhani recently made remarks on an issue that significantly distanced himself from former Iranian President Mahmoud Ahmadinejad. On what issue was he speaking?
The Nazi massacre of the Jewish people in the Holocaust
The president of Iran recently broke from his government’s questioning of the Holocaust, telling American media editors that “the Nazis committed a massacre against the Jewish people and we condemn that.” what is his name?
Hasan Rouhani
The United Nations met on Thurday to hold a conference in which the U.S. and Iran planned on negotiating deals on the use of nuclear technology. This meeting was the first meeting in 37 years in which both parties met to propose a deal. When was the last time these two parties met, and what leaders from both parties were present in that meeting?
The last meeting between of such high-tension was held on New Year’s Eve in 1977 between U.S. President, Jimmy Carter, and the late shah of Iran.
The U.S. Justice Department is set to sue the state of North Carolina to block new state vote rules. The federal government is arguing that the current voter-ID laws do not provide equate protection for people who do not have ID’s. What event sparked this battle?
An April 2013 report from the board of elections found more than 300,000 voters did not have DMV-issued ID cards.
A large earthquake hit the area of Pakistan’s Baluchistan province. The earthquake killed at least 40 people and was said to have a magnitude of ____?
7.7
Two of the largest suppliers to semiconductor makers, Applied Materials Inc. and Tokyo Electron Ltd., announced the plans to combine operations. Based on 2012 numbers, approximately what market share would they have after combining?
Around 25%
What is the attitude of Fiat towards IPO?
Fiat has sought to avoid the IPO.
What are the names of the two computer chip manufacturers that have merged to create a giant in the industry?
Applied Materials and Tokyo Electron
As job markets are improving, what else has seen in increase in applications?
MBA Programs
In which industry have some leaders decided to “stand and fight” against losing business to imports?
Toilet Manufacturing
Applied Materials Inc. and Tokyo Electron Ltd are merging to create a new company; what would the market value of this new company be?
$29 billion
Anesthesiologists have a new foe to look out for going forward that could threaten their jobs, a machine that automates the sedation of many patiens having colonoscopies. What is the name of the machine and who is it made by?
Sedasys and made by Johnson & Johnson
Johnson & Johnson has developed a new system called Sedasys. What group opposes this technology.
Anesthesiologists
Which CEO is under scrutiny from investors for taking too high of pay from his company amongst mixed performance?
Larry Ellison
Which company has produced a machine that may one day replace the need for an anesthesiologist?
Johnson and Johnson
Why are many organizations dropping low-cost health plans?
They’re steering employees towards government sponsored insurances.
What is the negative affect of Twitter going public and looking for growth?
risk of losing inherent weirdness
The U.S. arm of Sweden’s Securitas AB is among more than 1,200 employers that offer the kind of bare-bones health plans that must be phased out beginning when?
January 1st
Shuanghui International Holdings Ltd. plans to quickly increase its pork exports after closing its deal on a $4.7 billion acquisition of what company?
Smithfield Foods Inc.
Shuanghui International Holdings Ltd. intends to quickly ramp up pork exports from the U.S. as its top priority after Thursday’s closing of its $4.7 billion acquisition of Smithfield Foods Inc., senior executives said. According to executives, what do they see as one of their “biggest challenges” following the acquisition?
integrating two vastly different corporate cultures
With Wharton registration of students slipping below what it usually has, some people close to the college are seeking change to help apply to more people, and a wider audience to help resolve this problem. Ankur Kumar , Wharton’s director of M.B.A, hopes to draw appeal to new students by doing what?
Ms. Kumar plans to appeal to a new audience by holding admission events for students considering entrepreneurship and who are interested in industries such as real estate and retail aside from strictly business students.
