10 Questions
What was the main technique used by Harshad Mehta in the 1992 stock market scam?
Fabrication and market loopholes misuse
How much money did the scam defraud investors of?
Over ten million USD
What caused the collapse of the Indian stock market in April 1992?
Discovery of the scam
How were stock traders able to fraudulently obtain unsecured loans from banks?
By making good returns as a result of the scam
What was the approximate amount of the 1992 Indian stock market scam?
₹ 5,000 crores
Match the following IT terms with their definitions:
Information technology (IT) = Encompasses computer systems, software, programming languages, and data processing Information technology system (IT system) = Includes all hardware, software, and peripheral equipment operated by a limited group of IT users IT project = Refers to the commissioning and implementation of an IT system Information technology in modern sense = First appeared in a 1958 article in the Harvard Business Review
Match the following authors with their comments on the term 'information technology':
Harold J. Leavitt and Thomas L. Whisler = "the new technology does not yet have a single established name. We shall call it in." Unnamed authors = First appeared in a 1958 article in the Harvard Business Review
Match the following activities with their historical timeline:
Storing, retrieving, manipulating, and communicating information = Since the earliest writing systems were developed Term 'information technology' in its modern sense = First appeared in a 1958 article in the Harvard Business Review
Match the following systems with their specific functions:
Information technology system (IT system) = An information system, a communications system, or a computer system IT project = Refers to the commissioning and implementation of an IT system
Match the following terms with their relationship to information and communications technology (ICT):
Information technology (IT) = Forms part of ICT Information technology system (IT system) = Generally an information system, a communications system, or a computer system
Test your knowledge of the 1992 Indian stock market scam with this quiz. Explore the market manipulation carried out by Harshad Shantilal Mehta, bankers, and politicians, and the impact on the Bombay Stock Exchange. Learn about the techniques used, including corrupt officials signing fake cheques and misusing market loopholes.
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