Finance Unbox-ED ($) - Grade 3-5 - Session 023 - Quiz 1

Finance Unbox-ED ($) - Grade 3-5 - Session 023 - Quiz 1

1st - 5th Grade

10 Qs

quiz-placeholder

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Finance Unbox-ED ($) - Grade 3-5 - Session 023 - Quiz 1

Finance Unbox-ED ($) - Grade 3-5 - Session 023 - Quiz 1

Assessment

Quiz

Business

1st - 5th Grade

Hard

Created by

Bhairav Shah

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Benchmark or index consists of select companies that represent either the overall stock market or a specific sector e.g. healthcare or a certain size of companies e.g. small-caps
True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Index funds are a type of mutual fund which invest in stocks that form part of an index
True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Index funds are also called passive funds
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fees charged on an index fund are the same as any other mutual fund
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Index funds or passive funds tend to perform better than active funds in developed markets such as USA and worse than active funds in developing markets such as India
True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Select all the statements that are true
In growth option the profits made by the mutual fund are distributed back to us
In dividend option the profits made by the mutual funds are reinvested to make more money for us
Both of the above
None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One should choose the growth option when one is looking to make investments that create wealth over a period of time
True
False

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