Quiz Answer Key and Fun Facts
1. One of the most talked about scams, a scam which lost the Congress party the elections! Even today, more than a decade later, it still haunts the Congress Party. It opened a whole new chapter in Indian Politics on the 'Kickbacks'. What is scam better known as?
2. This was the state of Bihar piece de resistance in Scams. Funds which were to the Animal Husbandry departments were re-routed to the pockets of a few 'distinguished' gentlemen. At the time, the approximate value of the scam was pinned at around Rs 1000 Crore. What is the name given to this scam?
3. The most damaging of all the Scandals that took place in India during the 20th century. Whether it was the example of idiotic and ridiculous investing or a case of cunning calculations, the courts hadn't decided till 2003. But one thing is for sure, millions of investors all over the country lost all their vital investments. The chief of the Organisation, P.S Subramanyam was accused of foul-play thanks to a 32 Crore investment in Cyberspace (a Lucknow based company). What was the scam more famously called?
4. The first 'celebrity' share broker, his car collection and private luxuries had been the envy of the town i.e. till the 'Stock Market' scam of 1992 broke out. Amounts up to Rs 4,100 Crore were siphoned off. While almost all the accused are behind bars, the lead player has passed away. What was the name of this 'prolific' player, who is forever etched in the memory of the Indian investor as the quintessential bad boy?
5. The internet boom did bring its fair share of scams and scandals, but none were more damaging than the con-game played by Sanjay Agarwal. Impressed by the heavy advertising by his company, a lot of Co-operative banks in the states of Maharashtra and Gujarat invested in his company. What was the name of the company set up by Agarwal to help him in this con-game?
6. Another scam, this time capitalizing on the shortage of a fertilizer in the market. About 133 Crore Rupees were paid for the import of this fertilizer to a Turkish company. Of course, the fertilizer was never delivered (the Turkish company never had the capability to produce the amount required). The Indian tax payer once again loses out in this scam - game. The scam got its game from the fertilizer required. What was the name of the scam (and the fertilizer)?
7. Another con game played by a minister in P.V. Narasimha Rao's cabinet, to be precise - the Union Communications minister! All purchases for the Telecom department were routed through the Ministers office and from him, to a few selected beneficiaries! When the raids were finally conducted on him, he had assets worth 631 % more than his known source of income! What was the name of this gentleman?
8. 'Out of Turn allotments' was always a part of the Indian corruption game. The rich could always jump the queue through a few strings and a fistful of money! Two of the damning cases were exposed in 1996. Two senior Congress ministers were implicated in separate scandals - while the extent of the damage can never be exactly ascertained, it is estimated that the accused (in these two cases) gained over Rs 100 Crores! 'Out of Turn' allotments were given for which two sectors?
9. The national passion of the country is Cricket (but NOT the national game). So quite naturally the entire nation was shocked and disturbed when the match fixing scandals broke out. Some of the top cricketers were accused, of course they, in return, counter accused and it soon became a 'cricketing mess'. Which Cricketer broke down during an interview with Karan Thapar over the fact that he was accused of match fixing by a fellow cricketer?
10. Tehelka.com is synonymous with controversies; they have created a niche of themselves in investigative journalism. One of the most damaging stories involved the rampant corruption in the Indian Army (with respect to the 'kickback' legacy'). This top story nearly felled the Vajpayee government. Who was the defense minister of India at the time when this news broke out?
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