Hi Sameer,
I confirm you that Lightstreamer is a perfectly suited solution for the scenario of a quiz contest.
You can look at the 
Simple Chat Demo or at the 
Basic Instant Messenger Demo  for examples of bi-directional comunication from server to clients and from clients to server.
They are both based on a Java Adapter and can be considered a reference example of, respectively:  messages broadcast and one-to-one messaging.
Furthermore, 
here you can find a modified HelloWorldDataAdapter that polls a mySql db.