Financial and Insurance Concepts Quiz

What is “equity” in a financial context?

• A type of debt

• Ownership in a company

• A kind of interest payment

• A government loan

What does “liquidity” refer to?

• Profit after tax

• A company’s debt ratio

• How quickly assets can be converted to cash

Venture capital is usually associated with:

• Government subsidies

• Large, public companies

• Low-risk investments

• High-risk, high-growth startups

Cryptocurrency is:

• Government-issued currency

• A physical coin used for bartering

• A digital form of money based on blockchain technology

• A type of tax benefit

Which term refers to a strategy used by governments to control inflation and economic growth?

• Hedge fund

• Fiscal policy

• Venture capital

• Liquidity

What is a hedge fund?

• A fund used only in agricultural investments

• A highly regulated retirement fund

• A pooled investment fund using advanced strategies

• A type of credit line from the government

AML stands for:

• Annual Money Limit

• Advanced Market Liquidity

• Anti-Money Laundering

• Asset Management License

Inflation is best defined as:

• A decrease in interest rates

• A rise in the general price levels of goods and services

• The growth of a company’s equity

• The value of international exports

What does a “loss adjuster” do?

• Sells insurance policies

• Investigates and assesses claims

• Manages customer service

• Approves legal contracts

Underwriting involves:

• Writing legal documents for insurance

• Calculating risks and deciding whether to insure someone

• Paying out claims

• Advertising insurance products