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Family Conference 2022 Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

1)      How many months’ worth of expenses should you be saving in an emergency fund?

a)

1-2 months

b)

3-6 months

c)

8-10 months

d)

12-14 months

2.

   Where would be keeping/investing the emergency fund?

a)

Cash

b)

Gold

c)

Bank Fixed Deposit

d)

Mutual Fund

3.

  What is the primary objective of investment in Equity/Stocks?

a)

Capital Guarantee

b)

Capital Appreciation

c)

Income Protection

d)

None of the above

4.

   Which of the following asset classes would be considered as a good hedge against inflation?

a)

Cash

b)

Gold

c)

Bond

d)

Stocks (equity)

5.

Which of the above statements pertaining to debt funds is correct?

a)

Higher risk as compared to equity funds

b)

Higher returns as compared to equity funds

c)

Lower risk as compared to equity funds

d)

All of the above

6.

  If you are the only earning member of your family and have a young family, which among the following insurance plans is a must have?

a)

Unit Linked Insurance Plan   

b)

Endowment Plan

c)

Term Life Insurance

d)

Money back Insurance Policy

7.

    In a diversified investment portfolio, how much should be the ideal exposure to gold?

a)

10-15%

b)

20-25%

c)

30-35%

d)

50-60%

8.

Which insurance policy has the lowest cost for life cover?

a)

Money back

b)

Term Life

c)

Endowment

d)

Unit linked insurance plan

9.

      If you are 40 years of age, ideally how much of your investment budget should be focused on equities as compared to debt?

a)

10%

b)

60%

c)

20%

d)

80%

10.

     In a deep recession, professional investors are likely to prefer

a)

Real Estate

b)

Debt

c)

Equity

d)

Gold