In 2005, global toy market is estimated at...

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Wrong! The correct answer is $150 billion.
According to United Nations Industrial Development data it is estimated that the global market of toys will touch $ 150 billion by 2005. The past one-decade has seen the Indian toy industry making quick strides in terms of production and exports. India now produces a wide range of toys namely plastic and mechanical activity toys, plastic and soft dolls, stuffed toys, board games, puzzles, educational games and toys, metal and time toys, electronic toys and games. It is estimated that the industry volume (in India) is $ 1 billion in the organised sector and about $ 1.50 billion in the unorganised sector.

Correct!
According to United Nations Industrial Development data it is estimated that the global market of toys will touch $ 150 billion by 2005. The past one-decade has seen the Indian toy industry making quick strides in terms of production and exports. India now produces a wide range of toys namely plastic and mechanical activity toys, plastic and soft dolls, stuffed toys, board games, puzzles, educational games and toys, metal and time toys, electronic toys and games. It is estimated that the industry volume (in India) is $ 1 billion in the organised sector and about $ 1.50 billion in the unorganised sector.

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Wrong! The correct answer is Mattel.
The company began in 1945, operating out of a garage workshop. The original founders were Harold Matson and Elliot Handler, who coined "Mattel" by combining the letters of their last and first names, respectively. Their first products were picture frames, but Elliot developed a side business in dollhouse furniture made from picture frame scraps. Mattel home of Barbie, queen of the fashion dolls, also offers American Girl, Diva Starz among others. Hasbro offers My Little Pony, Bratz, FurReal Friends, and dolls based on Disney films. Bandai is a large toy company that offers Strawberry Shortcake and Hello Kitty dolls, figures, and accessories.

Correct!
The company began in 1945, operating out of a garage workshop. The original founders were Harold Matson and Elliot Handler, who coined "Mattel" by combining the letters of their last and first names, respectively. Their first products were picture frames, but Elliot developed a side business in dollhouse furniture made from picture frame scraps. Mattel home of Barbie, queen of the fashion dolls, also offers American Girl, Diva Starz among others. Hasbro offers My Little Pony, Bratz, FurReal Friends, and dolls based on Disney films. Bandai is a large toy company that offers Strawberry Shortcake and Hello Kitty dolls, figures, and accessories.

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Wrong! The correct answer is Theodore Roosevelt.
In November 1902, US President Theodore Roosevelt visited the southern United States to help settle a border dispute between Mississippi and Louisiana. While on the trip, Roosevelt went bear hunting, but had little luck. Others in his party did find a bear, which, cornered near a water hole, fought with and killed one of the group's hunting dogs. Clifford Berryman, a newspaper cartoonist for the Washington Post, witnessed the incident and turned it into a cartoon. The bear cub sparked the imagination of Morris Michtom, the owner of a small novelty store in Brooklyn, New York. Michtom's wife stitched several plush toy replicas of the bear for sale in the family store. Michtom then sought the President's permission to use his name on the bears.

Correct!
In November 1902, US President Theodore Roosevelt visited the southern United States to help settle a border dispute between Mississippi and Louisiana. While on the trip, Roosevelt went bear hunting, but had little luck. Others in his party did find a bear, which, cornered near a water hole, fought with and killed one of the group's hunting dogs. Clifford Berryman, a newspaper cartoonist for the Washington Post, witnessed the incident and turned it into a cartoon. The bear cub sparked the imagination of Morris Michtom, the owner of a small novelty store in Brooklyn, New York. Michtom's wife stitched several plush toy replicas of the bear for sale in the family store. Michtom then sought the President's permission to use his name on the bears.

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Wrong! The correct answer is tool.
From the available data on the history of toys, it seems in 4000 BC the Babylonians played a board game that was probably an ancestor of chess and checkers. In 3000 BC a game resembling backgammon was played in Ancient Sumeria. Games similar to backgammon had probably been played by Egyptians, Greeks, and Romans for thousands of years. Stone marbles were first used in Egypt. Later, glass marbles were popularised in the United States in the 1800s. In 1000 BC kites first appear in China. The first three-dimensional kite was invented in the 1890s by Lawrence Hargrave in Australia. In 1840 the first American dollmaker is granted a patent and dolls begin to be mass-produced.

Correct!
From the available data on the history of toys, it seems in 4000 BC the Babylonians played a board game that was probably an ancestor of chess and checkers. In 3000 BC a game resembling backgammon was played in Ancient Sumeria. Games similar to backgammon had probably been played by Egyptians, Greeks, and Romans for thousands of years. Stone marbles were first used in Egypt. Later, glass marbles were popularised in the United States in the 1800s. In 1000 BC kites first appear in China. The first three-dimensional kite was invented in the 1890s by Lawrence Hargrave in Australia. In 1840 the first American dollmaker is granted a patent and dolls begin to be mass-produced.

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Wrong! The correct answer is India.
ICTI was formed in 1974 as an association of toy trade associations from around the world. The products of its member countries encompass the full range of toys, playthings and related merchandise. It is incorporated as a non-profit corporation under the laws of the State of New York and has these objectives to promote the interest of toy manufacturing in its 20 member countries. The general management functions of ICTI are performed by the President and Secretary (both currently held by the British Toy & Hobby Association), each of whose term is held for a period of three years. Membership is open to all accredited national toy associations and ICTI actively seeks new members in order to broaden its international scope and include associations from all countries, which are major manufacturers and/or marketers of toys.

Correct!
ICTI was formed in 1974 as an association of toy trade associations from around the world. The products of its member countries encompass the full range of toys, playthings and related merchandise. It is incorporated as a non-profit corporation under the laws of the State of New York and has these objectives to promote the interest of toy manufacturing in its 20 member countries. The general management functions of ICTI are performed by the President and Secretary (both currently held by the British Toy & Hobby Association), each of whose term is held for a period of three years. Membership is open to all accredited national toy associations and ICTI actively seeks new members in order to broaden its international scope and include associations from all countries, which are major manufacturers and/or marketers of toys.