Rama Rao's Gramophone Company Shutdown

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What was the cause of Rama Rao going out of work?

The gramophone company, of which he was the agent, went out of existence.

What did Rama Rao use as security for the gramophone agency?

The little money he had inherited.

How long did Rama Rao's business bring him enough money?

Five years.

What event led to the collapse of the gramophone company?

The crash of a bank in Lahore, which was itself the result of a Bombay financier's death.

Why was it thought that the Bombay financier had committed suicide?

Because his car flew off sideways and came to rest three hundred feet below the road.

Out of Business Quiz: Test your knowledge on the challenges faced by Rama Rao when his gramophone company shut down, leaving him jobless and his financial security at risk. Explore the impact on his family and discover how he coped with the sudden change in circumstances.

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