FinSuperstars_FL Assessment_Level 3_9-14yrs_1

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 Investments is considered to be the riskiest?

• a. Gold

• b. Stocks

• c. Mutual Funds

Simple Interest is generally charged for loans with tenure___________________ or less 

• a. 5 years

• b. 1 year

• c. 2 years

• d. 10 years

An account to hold shares and securities in an electronic format

• a. Trading Account

• b. Bank Account

• c. Demat Account

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

_________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.

Inflation in a country usually leads to

• a. Appreciation in its own currency

• b. Depreciation of its own currency

• c. No impact on real exchange rates

Answer explanation

When inflation is higher, this tends to have a depressing affect on the value of a country's currency. This is because increased inflation reduces the currency's buying power, which weakens it against other currencies.

Which of the statements is correct? GDP or Gross Domestic Product is

• a. monetary value of goods and services produced in a country in a given period of time.

• b. Calculated through production approach only i.e. sum up value added at each stage of production

• c. Doesn't reflect the general health of economy

What is the full form of PPF

• a. Public Provident Fund

• b. Public Provision Fund

• c. Public Progressive Fund

• d. Private Provident Fund