FinEzzy Quiz

FinEzzy Quiz

Professional Development

7 Qs

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FinEzzy Quiz

FinEzzy Quiz

Assessment

Quiz

Fun

Professional Development

Practice Problem

Hard

Created by

Vinay Snape

Used 3+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following investment options is best known for providing tax-free income in India?

Public Provident Fund (PPF) 

Fixed Deposit (FD) 

National Savings Certificate (NSC) 

Real Estate Investment 

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What does the term 'NAV' stand for in relation to mutual funds?

Net Asset Value 

Net Annual Value 

National Average Value 

Net Allocated Value 

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is a key requirement for taking a Loan Against Mutual Funds (LAMF)?

The mutual fund must be a debt fund 

The mutual fund units must be pledged as collateral 

The mutual fund must have a track record of consistent performance 

The mutual fund must be older than 5 years 

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What metric is commonly used to assess the risk level of a mutual fund?

Alpha 

Beta 

Sharpe Ratio 

Expense Ratio 

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Three of the following options correctly describe the type of mutual funds prevalent in India. Find out the odd one.

Large Cap Funds

Short Cap Funds

Multi Cap Funds

None Of These

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What does the term 'Debt Snowball Method' refer to in personal finance?

Paying off debts from highest to lowest interest rate 

Paying off debts from smallest to largest balance 

Consolidating all debts into one 

Negotiating for lower interest rates on existing debts 

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which is the oldest stock exchange in Asia?

National Stock Exchange (NSE)

Bombay Stock Exchange (BSE)

Calcutta Stock Exchange (CSE)

Bangalore Stock Exchange (BgSE)