FinSuperstars_Fl Assessment_Level 2_9-14yrs

  When you are buying a stock, you get a small piece of

•    a. Risk of company

• b.      Debt of company

• c. ownership of company

What is Compound Interest?

• a.    A fixed percentage of Principal amount.

• b. Earn Interest not only on your principal but the interest you have already made

• c. Variable Interest Rate

Which of the following Investment is considered to be the riskiest?

• a. Gold

• b. Stocks

• c. Mutual Funds

Raj is a businessman he wants to have daily transactions so what kind of account he might require?

• a. Saving account

• b. Recurring account

• c. Current account

• d. Regular saving account

What does R in SMART stand for?

(a)  

What is the famous rule of 72 ?

• 72/interest rate = number of years

• 72/interest rate = number of years to double

• 72 x interest rate = number of months to double

• 72/principle = number of years to double

What is the full form of ROI ?

• a. Return of Income

• b. Return on Investment

• c. Receipt of Income

• d. Release of Income

You may invest in mutual funds through a (a)   account in India

Currency notes are issued by

• a) RBI

• b) NABARD

• c) Public sector banks

• d) Central Government

Investing in _________is lending money to companies

• a) Shares

• b) Debentures

• c) Bank

• d) Savings Account