Christmas Quiz

inSight

21 Dec 2000

Christmas Quiz

Allow me once again, as the festive season draws near, to indulge in trivia of little monetary significance, but, I hope, of some amusement to those who follow these viewpoint articles. Yes, I am presenting you with another quiz, challenging you to name Financial Secretaries, dates and central banks. You can either complete and send back the electronic form below or send your answers by e-mail to hkma@hkma.gov.hk before midnight on 29 December 2000. We shall draw for the winners if more than one set of correct answers is received. The winner will receive a small gift from me. The first three runners up will receive copies of the new HKMA education pack. The name of the winner and the correct answers will also be posted on the viewpoint column of 4 January 2001. Staff members of the HKMA and their immediate family members are not allowed to participate.

Joseph Yam
21 December 2000

   
 

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?


2.


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


3.


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


4.


Which Financial Secretary had a reputation for disliking official statistics?


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.


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.

   
 


Dates


7.


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

Done


8.


On which date was the Hong Kong Monetary Authority established?

Done


9.


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

Done


10.


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

Done


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.

Done


12.


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

Done

   
 


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.


14.


Which is the oldest central bank in the world?


15.


Name a central bank not responsible for monetary policy.


16.


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


17.


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


18.


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

   
 
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Last revision date : 21 December 2000