Understand basic investment options and savings plan

These are types of saving, EXThese are types of saving, EXCEPTCEPT

• Savings account

• Fixed deposit account

• Shares account

• Current account

Can make payment by cheque

• Choose the correct type of saving

• Savings account

• Current account

• Fixed deposit account

Savings cannot be withdrawn before the maturity date

• Choose the correct type of saving

• Savings account

• Current account

• Fixed deposit account

what is the meaning of saving?

• The process of putting money into a property

• The process of saving money through a bank

• The process of putting money to get the profit

• The process of putting money into a commercial venture

Which account can be used for business purposes?

• Current account

• Fixed deposit account

• Saving account

Which investment will receive the return in the form of rent?

• Shares

• Real estate

• Unit trust

Risky investments

• Are meant to make small returns on investment

• Are always long-term

• May lead to a larger return on investment

• Involve checking accounts

Your house cost 100,000. You put 20% down. What is your down payment? 

• 10,000

• 100,000

• 120,000

• 20,000

The owner of a companies shares.

• Businessman

• Broker

• Bond master

• Shareholder

When inflation is high the _______________of the dollar decreases

• cost value

• importance

• purchasing power

• validity