Banking and Finance Quiz

What can affect whether banks or other financial institutions are interested in offering an individual a loan?

• Financial experience

• Personal credit

• Financial knowledge

• Business credit

What is an investment portfolio?

• A selection of varied investments

• A selection of varied accounts

• A selection of varied applications

• A selection of varied books

Rick has a great idea about a new product to sell. He needs money to get started building his brand. What type of loan does he need?

• Auto

• Home equity

• Business

• Mortgage

Which of the following affects how the stock market behaves?

• Investment portfolio performance

• Interest rates

• Personal financial gain

Anna's house is old and needs quite a few repairs that she cannot afford out-of-pocket. What type of loan does she need?

• Business

• Mortgage

• Auto

• Home equity

What type of insurance policy pays for funeral and burial costs?

• Health

• Renter's

• Life

• Business

What type of insurance policy allows the buyer to pay a set amount monthly to gain a steady stream of income?

• Annuity

• Health

• Business

• Life

Insurance is the way a person or business is protected from:

• losing money

• losing interest

• losing value

• losing investments

What is the biggest factor that affects someone's credit?

• Number of accounts

• Payment history

• Amount of debt

• Age of accounts

A financial intermediary is an entity that acts as a(n). __________ between two parties in a financial transaction.

• merchant

• investor

• middleman

• investigator