L232 | Session 32: SIP Basics
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L232 | Session 32: SIP Basics
Quiz
•
Professional Development
•
6th - 8th Grade
•
Practice Problem
•
Medium
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SIP stands for
Systematic Insurance Policy
Systematic Income Plan
Systematic Investment Policy
None of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
SIP must be done in ________________ intervals.
Irregular
regular
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SIP has its own benefits such as
Low cost
disciplined investment
cost averaging
all of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SIP can be
Weekly
Monthly
Quarterly
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SIPs have lock in periods and thus need long term commitment.
True
False
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