Financial Literacy Quiz

If your friend gives you two options ₹1000 today or ₹1000 after 1 month, which one will you choose?

• ₹1000 today

• ₹1000 after a month

Which of the following is considered a "high-risk asset"?

• Debt Funds

• Gold

• Cryptocurrency

• Bank Deposits

Which type of loan has the highest amount of interest rate?

• Home loan

• Car loan

• Personal loan

• Credit card loan

Where should one invest their emergency fund?

• Stocks

• Liquid fund or bank account

• Cryptocurrency

• ETFs

A _______ is a type of insurance that provides financial protection to your dependents in case of your demise.

• Endowment plan

• Life insurance

• Health insurance

• Pension plan

What is the approximate annual interest rate range for personal loans?

• 4%-12% pa

• 10%-18% pa

• 8%-12% pa

• 36%-42% pa

As per recent SEBI updates, what is the minimum SIP amount allowed for mutual funds in India?

• 100

• 200

• 500

• 1000

Which financial behavior indicates poor money management despite high income?

• Monthly investments via SIP

• No emergency fund

• Owning term insurance

• Tracking net worth quarterly

You invest in a fund with 15% CAGR. If inflation is 6%, what’s your real return?

• 15%

• 6%

• 21%

• 9%