Answers to the Christmas Quiz on Central Bank Governors

The response to the Christmas Quiz was very encouraging. We are pleased to announce the winners as follows:

Our warmest congratulations to all. The winner will receive the prize of a proof set of Hong Kong coins and the runners-up will each receive an HKMA paperweight. All of them will also receive copies of the new HKMA education pack. They will be contacted soon for prize collection.

The answers to the Christmas Quiz are:

Financial Secretaries of Hong Kong

1. Which Financial Secretary delivered the Hong Kong Monetary Authority and was the last one to have his signature on a denomination of Hong Kong currency.

Sir Hamish Macleod

2. Which Financial Secretary coined the term 'positive non-interventionism'?

Sir Philip Haddon-Cave

3. Name the Financial Secretary who was not exactly a typical civil servant and who introduced the linked exchange rate system.

Sir John Bremridge

4. Which Financial Secretary had a reputation for disliking official statistics.

Sir John Cowperthwaite

5. Name the Financial Secretary who had been Registrar General before taking up the job and who organised the lifeboat package for the Futures Exchange.

Sir Piers Jacobs

6. Name the Financial Secretary who does not like to wear ordinary ties for fear of dirtying them while eating and who goes to church every morning.

Mr Donald Tsang

Dates

7. On which day did the exchange rate of the Hong Kong dollar against the US dollar hit 9.60?

24 September 1983

8. On which date was the Hong Kong Monetary Authority established?

1 April 1993

9. On which date did the Hang Seng Index hit its highest now on record?

28 March 2000

10. On what date did the turnover in the Hong Kong stock market hit the highest now on record?

28 August 1998

11. Name the date on which the convertibility undertakings for the two components of the monetary base (the aggregate balance and the Certificates of Indebtedness) converged at 7.80.

12 August 2000

12. On which date was the new Hongkong Bank HK$1,000 bank note with the holographic metal strip was first issued.

18 December 2000

Central Banks

13. Name the central bank responsible for the currency that was floated in the same year that the Hong Kong dollar was fixed to the US dollar at 7.80.

Reserve Bank of Australia

14. Which is the oldest central bank in the world.

Riksbank (Swedish Central Bank)

15. Name a central bank not responsible for monetary policy.

Any central bank in the euro area

16. Which central bank has just this year celebrated its 75th anniversary.

Banco de Mexico or Banco Central de Chile

17. Which central bank is nicknamed "the Old Lady of Threadneedle Street".

Bank of England

18. Name the central bank whose Chairman is currently also Deputy Prime Minister.

Monetary Authority of Singapore

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