FinSuperstars_FL Assessment_Level 3_9-14yrs_1

FinSuperstars_FL Assessment_Level 3_9-14yrs_1

6th - 8th Grade

50 Qs

quiz-placeholder

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FinSuperstars_FL Assessment_Level 3_9-14yrs_1

FinSuperstars_FL Assessment_Level 3_9-14yrs_1

Assessment

Quiz

Life Skills

6th - 8th Grade

Medium

Created by

Tejaswini Chogtu

Used 9+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

a. Risk of company

b. Debt of company

c. ownership of company

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

a. Gold

b. Stocks

c. Mutual Funds

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Simple Interest is generally charged for loans with tenure___________________ or less 

a. 5 years

b. 1 year

c. 2 years

d. 10 years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account to hold shares and securities in an electronic format

a. Trading Account

b. Bank Account

c. Demat Account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bull market is when

a. The market is down

b. The Market is up i.e on the rise

c. The market is stable

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________market index that constitutes the top 30 companies listed under the Bombay Stock Exchange (BSE)

a. Sensex

b. Nifty

c. Stock Market

d. Stock Exchange

Answer explanation

Sensex which is a combination of Sensitive and Index. Sensex is a market index that constitutes the top 30 companies listed under the Bombay Stock Exchange (BSE). These stocks are the popular and most actively traded stock on the BSE.

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