Financial Literacy Event Quiz

Entrepreneurial culture and growth orientation consists of all of the

following except:

• Encouraging employees to generate ideas.

• Focusing on opportunities.

• The desire to grow at a slow and controlled pace.

• Being creative.

____ is the difference between the actual sales and break even sales.

• margin of safety

• fixed cost

• contribution

• profit

 The initial capital that is required to obtain loans from the financial institutions is called _____

• Seed capital

• incentive

• subsidy

• none of these

What is the finance required to start a business is called.

• Project

• Income

• Capital

• Resource

Which type of deposits earns higher interest rate?

• Current account

• Savings account

• Fixed deposit

• None of the above

__ refers to any investment opportunity which is to be exploited for profit.

• product

• project

• share

• none of these

 Raising capital from multiple sources is known as _____

• venture capital

• layered financing

• deferred credit

• lease financing

KYC means

• Know your customer

•  Know your character

• Both of above

• None of above

NEFT stands for 

• National Electric Fund Transfer

• National Electronic Fund Transfer 

• National Electrical Fund Transfer

•  None of Above

RTGS stands for 

• Real Time Gross Settlement

• Ready Time Gross Settlement

• Ready Time Grocery Settlement

• None of Above