NEW
Font size
WorksheetsPFM - Ch.3 Personal financial planning and investment
Total questions: 10
Worksheet time: 5mins
PP 2012 Q5
Which of the following types of employee is exempted from joining the Mandatory Provident Fund Scheme? (74%)
Construction workers
Security guards
Catering workers
Domestic employees
PP2013 Q6
Which of the following statements is correct? (82%)
A 6-month government bill is an investment instrument in the equity market.
An investment instrument with a higher risk may yield a higher return.
Market risk can be avoided by investing in various financial products.
Investment in the preferred stock is more risky than in the common stock of a company.
PP 2014 Q4
Which of the following statements about the Mandatory Provident Fund (MPF) system is correct? (41%)
Self-employed persons are not required to enrol m an MPF scheme.
Employees covered by the MPF system are required to contribute 5% of their income.
Employees can choose to make extra voluntary contributions in addition to the regular mandatory contributions.
MPF scheme members can withdraw their accrued benefits when they reach the age of 60.
PP 2014 Q27
Which of the following financial products carries the highest investment risk? (78%)
savings deposits
time deposits
preference shares
ordinary shares
PP 2015 Q20 (67%)
Under which of the following circumstances can a scheme member withdraw the accrued benefits from the Mandatory Provident Fund scheme?
(1) early retirement at the age 60
(2) unemployed for more than 6 months
(3) permanent departure from Hong Kong
(1) and (2) only
(1) and (3) only
(2) and (3) only
(1), (2) and (3)
PP 2015 Q28 (59%)
Which of the following are the responsibilities of an individual investor?
(1) understand the terms before signing a contract
(2) check account statements from time to time
(3) attend the Annual General Meetings of the company invested in
(1) and (2) only
(1) and (3) only
(2) and (3) only
(1), (2) and (3)
PP2016 Q4 (81%)
Anna has just retired at the age 65 and has received a substantial amount from a provident fund. She plans to invest the money to get some returns but is not willing to take high risks. Which of the following financial instruments is the least suitable for her?
term deposits
saving deposits
iBond
shares
PP2016 Q25 (61%)
Simon is a self-employed fashion designer. He
(1) has the right not to enroll into an Mandatory Provident Fund (MPF) scheme.
(2) has the right to make voluntary contributions to the MPF scheme.
has the right to withdraw his accrued benefits from the MPF scheme before reaching the age 65 if he migrates to another country.
(1) only
(2) only
(3) only
(2) and (3) only
PP2017 Q7 (35%)
Anna is 62 years old and works as a part-time consultant in a firm, with a monthly salary of $40 000. Under the Mandatory Provident Fund System, what will be the amount Anna contributes each month?
$4000
$2000
$1500
$0
PP 2018 Q30 (61%)
Which of the following statements about the Mandatory Provident Fund (MPF) System is correct?
Self-employed persons aged between 16 and 65 are required to join the MPF Scheme.
Construction workers are exempted from the MPF Scheme.
MPF scheme members can apply for early withdrawal of the accrued benefits from the MPF Scheme if they are unemployed for more than two years.
When changing jobs, MPF scheme members can transfer their accrued benefits to another MPF trustee.
