WorksheetsSAhyadri Financial Literacy Quiz
Total questions: 50
Worksheet time: 17mins
The current SLR and CRR rate is
18% and 4%
17% and 4.5%
18% and 4.5%
17% and 4%
What is the base year to calculate BSE SENSEX?
1875-76
1978-79
1992-93
1980-81
If you have an investment with an annual return rate of 6%, approximately how many years will it take for your investment to double?
6 years
8 years
12 years
7 years
What is the maximum number of joint holders allowed in a demat account?
1
2
3
4
Which of the following is an example for active income?
Rent from house property
Dividend from equity shares
Fees earned by a professional for rendering services
Interest from debentures
For insurance purpose, after how many years is missing person declared dead?
5
10
7
8
Certificate of deposits can be issued by
Banks
NBFC's
Financial institutions
Banks and Financial institutions
RBI was established in the year
1949
1952
1935
1942
A valid demat account consist of how many digits
10
12
14
16
Which is India's largest mutual fund manager in terms of asset under management
HDFC mutual funds
SBI mutual funds
Kotak Mahindra mutual fund
Equities-axis mutual fund
What is the currency of Argentina?
Peso
Shillings
Franc
Ruble
Which of the following is an example of variable expense?
Electricity bill
EMI on home loan
Life insurance premium
Property tax
All of these are functions of stock exchange, except
Price discovery of security
Information dissemination
Providing liquidity
Guaranteeing returns
When a trader has to close a short position he/she will
Sell the stock
Buy the stock
Pledge the stock
Lend the stock
Only one automotive company has been part of the sensex from inception in 1986. Which is the company
Tata motors
Mahindra and Mahindra
Maruti
Hero Honda
Consumption, investment, government expenditure, net exports. These are components to measure what
Gross National Product
Per capita income
Gross domestic Product
Purchasing power parity
Entities like SBI issue bonds outside India, but denominated in Indian rupees, such bonds are called
Samurai bonds
Masala bonds
Dim sum bonds
Maharaja bonds
Syndicate Bank was merged with which bank
Vijaya Bank
Yes Bank
Corporation Bank
Canara Bank
What term did venture capitalist Aileen Lee coin in 2013 to describe a particular type of privately funded startups
Multi National Company
Startups
Unicorn
Soonicorn
Which famous Indian entity was set up on the basis of the recommendations of the 1926 Hilton young commission
SEBI
NISM
BSE
RBI
Who is the first governor of RBI
William Bentinck
Sir Osborne Smith
Chintaman Dwarkanath Deshmukh
Raghuram Rajan
If Nifty is 50, then what is NASDAQ
100
30
225
500
The popular Sukanya samriddhi scheme has over 64 lakh subscribers through the banking channel, however over 3.2 crore subscribers were gathered through which other channel?
Department of posts
Cooperative societies
Gram Panchayat
None of the above
Which type of insurance is designed to protect against loss of income due to disability?
Health insurance
Auto insurance
Life insurance
Disability insurance
Which of the following is a secured loan?
Personal loan
Mortgage
Payday loan
Credit card debt
What is a 'blue-chip stock'?
A high-risk, high-reward stock
A stock from a new and emerging company
A stock from a well-established, financially sound company
A stock that pays no dividends
Which of the following is an example of a passive investment strategy?
Day trading stocks
Investing in index funds
Short selling
Buying and selling options
What does the term 'alpha' represent in investment performance?
The total return of a portfolio
The risk-adjusted return of a portfolio
The excess return of a portfolio relative to the return of a benchmark index
The volatility of a portfolio
What does the term 'Sharpe ratio' measure?
The average return of an investment
The risk-free rate of return
The volatility of an investment
The risk-adjusted return of an investment
What is the primary purpose of 'quantitative easing' (QE)
To stimulate economic growth by increasing the money supply
To reduce government debt
To decrease inflation
To lower interest rates
What is the main function of a 'market maker'?
To set stock prices
To regulate trading activity
To manage mutual funds
To provide liquidity by buying and selling securities
What does the term 'beta' represent in finance?
The measure of an asset's volatility relative to the market
The average return of an asset
The risk-free rate of return
The correlation between two assets
Who regulate state cooperative banks
State Government
Central government
RBI
None of the above
Who has been recently appointed as the chairman of the 16th finance commission?
Niranjan Rajadhyaksha
Vijay Kelkar
Arvind Panagariya
Amit Mitra
Which European country's Central Bank announced to pilot the wholesale digital currency
Germany
Switzerland
Finland
Italy
Who is the founder of Zoho books?
Pramila Srinivasan
Nivetha Naveen
Jai Anand
Sridhar Vembu
Who was the finance minister of India during the demonetization in 2016?
Nirmala Sitharaman
Manmohan Singh
Arun Jaitley
P Chidambaram
Which is the first bank to set up ATM in India?
HSBC Bank
Union Bank of India
SBI
ICICI Bank
The coefficient of correlation between any two securities must always lie between the two numbers. Which are those numbers
0 to +1
-1 to +1
-0.5 to +0.5
0 to ∞
How frequently the asset management companies have to disclose the total expense ratio of various schemes on their website
Daily
Weekly
Monthly
Annually
Which institution launched India's first municipal bond index
BSE
SEBI
NSE
RBI
The purpose of issuing government securities is
To meet the mandate given under the constitution
To bridge the fiscal deficit
To have a pool of funds to spend when required
To give funds to state to compensate for GST implementation
The basis of allotment of an IPO is finalized by
Merchant banker and registrar to an issue
Merchant banker and Issuer
Merchant Bank only
Issuer and registrar to an issue
Which of the following is a tax saving instrument under section 80C of income tax act
Post office monthly income scheme
Senior citizens savings scheme
Public provident fund (PPF)
Exchange traded fund (ETF)
Which among the following best describes "discretionary" spending?
Eating out on weekends
School fees
House rent
Buying groceries and vegetables for the family
What is the minimum maturity period up certificate of deposits issued by the banks?
7 days
15 days
21 days
30 days
Which of the following type of insurance is mandatory by the law?
Health insurance
Overseas travel insurance
Life insurance
Motor insurance
A "Letter of offer" is issued in a
Offer for sale
IDR issue
Bonus issue
Rights issue
Which institution releases the official quarterly and annual estimates of India's gross domestic Product (GDP)?
NSO
NITI aayog
NASSCOM
DPIIT
What is the simple interest on Rs 3000 for 2 years at an annual interest rate of 10%?
Rs. 550
Rs. 750
Rs. 600
Rs. 650
