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Financial Literacy Practice Quiz

Total questions: 32

Worksheet time: 16mins

Name
Class
Date
1.

What major event triggered the global financial crisis of 2008?

a)

Housing market collapse

b)

Oil price surge

c)

Dot-com bubble burst

d)

Eurozone debt crisis

2.

Which of the following is the primary regulatory body overseeing the Stock Exchange of Nepal?

a)

Nepal Rastra Bank

b)

Nepal Stock Exchange Ltd.

c)

Securities Board of Nepal

d)

Securities and Exchange Commission (SEC)

3.

Which of the following is the primary stock exchange in the United Kingdom?

a)

NYSE

b)

NASDAQ

c)

TSX

d)

LSE

4.

Which regulatory body oversees the operations of the London Stock Exchange?

a)

Financial Conduct Authority (FCA)

b)

Securities and Exchange Commission (SEC)

c)

Bank of England

d)

London Stock Exchange Group

5.

Who is famously known as the "Oracle of Omaha" and regarded as one of the greatest investors?

a)

Bill Gates

b)

Jeff Bezos

c)

Elon Musk

d)

Warren Buffett

6.

What was the first IPO (Initial Public Offering) in Nepal's history?

a)

Himalayan Bank Limited IPO

b)

Nepal Bank Limited IPO

c)

Nepal Telecom IPO

d)

Nepal Investment Bank Limited IPO

7.

Which financial document provides a summary of a company's financial performance over a specific period?

a)

Balance sheet or Financial Position

b)

Income statement

c)

Cash flow statement

d)

Statement of change in Equity

8.

"The only thing worse than not investing is investing without understanding what you're investing in." - Who said this famous quote?

a)

Warren Buffett

b)

Elon Musk

c)

Mark Zuckerberg

d)

Jeff Bezos

9.

When Facebook acquired Instagram in 2012, what term best describes this business action?

a)

Diversification

b)

Consolidation

c)

Merger

d)

Acquisition

10.

Which exchange-traded fund (ETF) tracks the performance of the S&P 500 index?

a)

Vanguard Total Stock Market ETF (VTI)

b)

SPDR S&P 500 ETF Trust (SPY)

c)

iShares Core S&P 500 ETF (IVV)

d)

Invesco QQQ Trust (QQQ)

11.

Markowitz introduced the Modern Portfolio Theory (MPT), which revolutionized investment strategies. Which of the following real-life scenarios best exemplifies the principles of MPT?

a)

An investor puts all their money into a single stock known for high volatility.

b)

An investor diversifies their portfolio by investing in a mix of stocks, bonds, and real estate.

c)

An investor purchases shares in a startup company with high growth potential but uncertain future.

d)

An investor borrows money to invest in a speculative market without conducting proper research.

12.

Which of the following formulas is commonly used to determine the return on a stock based on the stock market performance?

a)

E=mc²

b)

ROE = Net Income / Shareholders' Equity

c)

ROI = (Ending Price - Beginning Price) / Beginning Price

d)

PE Ratio = Market Price per Share / Earnings per Share

13.

What is the significance of the term "bull market" in stock investing?

a)

A market condition characterized by declining stock prices

b)

A market condition where stock prices are increasing

c)

A market condition where stock prices remain stagnant

d)

A market condition indicating a recession

14.

What does the term "blue-chip stocks" refer to in investing?

a)

Stocks with low market capitalization

b)

Stocks issued by new companies

c)

Stocks of well-established, financially stable companies

d)

Stocks with high volatility

15.

What is the primary purpose of a cash flow statement in financial reporting?

a)

To show the company's assets and liabilities at a specific point in time

b)

To provide information on the company's revenue and expenses over a period

c)

To outline the changes in the company's equity over time

d)

To determine the different sources of cash flow

16.

Which financial ratio is commonly used to assess a company's ability to meet its short-term obligations?

a)

Return on Equity (ROE)

b)

Debt-to-Equity Ratio

c)

Current Ratio

d)

Price-Earnings (P/E) Ratio

17.

What impact does inflation typically have on bond prices?

a)

Inflation causes bond prices to increase

b)

Inflation has no effect on bond prices

c)

Inflation causes bond prices to decrease

d)

Inflation leads to higher dividend payments on bonds

18.

What is the term used to describe the process of borrowing money from a broker to buy stocks?

a)

Stock leveraging

b)

Stock hedging

c)

Stock short selling

d)

Stock margin trading

19.

What is the primary purpose of a stop-loss order in stock trading?

a)

To limit losses by automatically selling a stock if its price falls to a certain level

b)

To maximize profits by automatically selling a stock when its price reaches a certain level

c)

To prevent the purchase of overvalued stocks

d)

To facilitate short selling of stocks

20.

How does the announcement of dividends typically affect stock prices?

a)

Stock prices tend to decrease after dividend announcements

b)

Stock prices tend to increase after dividend announcements

c)

Dividend announcements have no significant impact on stock prices

d)

Stock prices become more volatile after dividend announcements

21.

Which event is often cited as a trigger for the 2008 global financial crisis?

a)

The collapse of Bear Stearns

b)

The bankruptcy of Lehman Brothers

c)

The nationalization of Fannie Mae and Freddie Mac

d)

The failure of AIG (American International Group)

22.

What type of investment vehicle pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other assets?

a)

Hedge fund

b)

Pension fund

c)

Mutual fund

d)

Venture capital fund

23.

You are considering an investment opportunity that requires an initial investment of $5,000. The project is expected to generate a cash flow of $2,000 at the end of the first year. If the discount rate is 10%, what is the Net Present Value (NPV) of the project?

a)

$1,818.18

b)

$1,000.00

c)

−$3182

d)

$2,500.00

24.

Which theory suggests that stock prices reflect all past and present information and follow a random pattern, making it impossible to consistently predict future price movements?

a)

Market equilibrium theory

b)

Efficient Market Hypothesis

c)

Random Walk Theory

d)

Behavioral Finance Theory

25.

What theory suggests that investors tend to mimic the actions of others, leading to collective behaviors that can sometimes result in irrational market movements?

a)

Efficient Market Hypothesis

b)

Herd Behavior Theory

c)

Market Sentiment Theory

d)

Portfolio Theory

26.

Banks hold a portion of deposits as reserves, lending the rest, enabling money creation through credit extension. What is this concept called?

a)

Reinvestment theory

b)

Diversification

c)

Fractional Reserve System

d)

Lender of last resort

27.

You invest Rs 100 in a stock. After one year, the stock price has appreciated to Rs 120, and you received Rs 5 in dividends during the year. What is your total return on investment (ROI)?
Enter the number in Percentage e.g. if your answer 2% , type 2

(a)  

28.

Who is present Governor of Nepal Rastra Bank?

a)

Himalaya Shumsher JBR

b)


KP Sharma Oli

c)

Yuba Raj Khatiwada

d)

Maha Prasad Adhikari

29.

What is trading strategy which allow the trader to make profit in the declining share prices?

a)

Buy

b)

Go Long

c)

Go Short

d)

Sell

30.

Which entity manages the largest volume of assets in the world

a)

Bill & Melinda Gates Foundation

b)

Berkshire Hathaway

c)

Vanguard

d)

Black Rock

31.

Who is one of the prime investors in the company Alibaba?

a)

Dolma Foundation

b)

Berkshire Hathaway

c)

SoftBank Group Corp.

d)

Tencent Holdings

32.

In 2022, a major event in the cryptocurrency industry led to one of the biggest bankruptcies of the year. What is the name of the company that got bankrupt?

a)

Bitcoin

b)

FTX

c)

Binance

d)

Ethereum