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FinNest Round-1

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

An Indian equity portfolio shows a beta of 1.2. Following a 4% drop in the benchmark NIFTY index, the portfolio value drops roughly 4.8%. What explains this behavior?

a)

Portfolio is outperforming the market

b)

Portfolio is more volatile than the market

c)

Portfolio is hedged with derivatives

d)

Portfolio consists of only large-cap stocks

2.

A moving average crossover occurs where the 50-day MA moves above the 200-day MA. Technical traders interpret this as:

a)

A bearish breakout

b)

A signal of price exhaustion

c)

A long-term bullish indicator

d)

A trigger for short selling

3.

Which indicator is most commonly used to identify overbought/oversold zones in a stock chart?

a)

MACD

b)

RSI

c)

Bollinger Bands

d)

ATR

4.

A company's ROE is 18%, while its cost of equity is 12%. Over a 3-year period, this spread has been maintained without significant leverage. What does this most strongly indicate?

a)

The company is creating value for shareholders

b)

The company is overusing debt

c)

The company is underpriced

d)

The company’s WACC is too high

5.

During the early stages of the Russia-Ukraine conflict, natural gas prices in Europe surged. A German manufacturing firm's stock plunged despite strong quarterly earnings. What is the most plausible investor rationale?

a)

Cost pass-through would offset energy price increases

b)

Market expects future earnings to fall due to energy shocks

c)

European Central Bank rate hikes directly reduce profits

d)

Investors overreacted to unrelated geopolitical risks

6.

A trader notices that RSI for a stock has crossed 75 after a strong rally. Assuming no major news is pending, what does this most likely suggest?

a)

The stock may be overbought and due for a correction

b)

A breakout is imminent

c)

The stock is undervalued

d)

Short-term momentum is declining

7.

What is the largest component of GDP by expenditure in most major economies?

a)

Government spending

b)

Exports

c)

Private investment

d)

Household consumption

8.

What was a key cause of the 2007–08 financial crisis?

a)

Oil prices rising

b)

Subprime loan defaults & MBS collapse

c)

Interest rate hikes

d)

Drop in consumer spending

9.

A mid-cap logistics firm trades below its 200-day and 50-day EMAs. RSI is hovering near 50 with low volume. What technical phase does this most likely indicate?

a)

Long-term downtrend

b)

Breakout zone

c)

Sideways consolidation

d)

High momentum phase

10.

A firm uses futures contracts on commodities to stabilize its input costs. Over time, its quarterly operating margins show less volatility than peers. What financial principle is this an example of?

a)

Risk-taking using leverage

b)

Speculation for margin gains

c)

Hedging against input cost volatility

d)

Tax efficiency through derivatives

11.

Following an increase in US Federal Reserve interest rates, an Indian fund manager observes FIIs pulling out of Indian debt markets. What’s the most probable explanation?

a)

Domestic inflation control measures

b)

Yield arbitrage opportunities are improving in the US

c)

Strengthening INR

d)

SEBI policy tightening

12.

A company has a consistently high P/E ratio and analysts continue to forecast strong future earnings. What is this most likely a sign of?

a)

Overvaluation

b)

Low profitability

c)

High growth expectations

d)

Capital misallocation

13.

In a macroeconomic briefing, the RBI governor warns of a potential “liquidity trap” despite aggressive rate cuts. What does this term imply in this context?

a)

Inflation is likely to fall rapidly

b)

Interest rate changes no longer stimulate demand

c)

Foreign investment is declining

d)

Fiscal deficit is uncontrollably high

14.

What does a Fibonacci Retracement level represent in technical analysis?

a)

A volatility-based entry level

b)

A price level based on historical volume

c)

A trend continuation point

d)

A support/resistance level based on Fibonacci ratios

15.

What caused global stocks to fall after Trump’s 2025 tariffs announcement?

a)

Markets rallied

b)

Risk pricing from trade conflict

c)

Bond yields soared

d)

USD depreciated

16.

A mid-cap Indian IT firm reports higher profit margins despite higher shipping costs. CFO credits currency movement. What’s the likely explanation?

a)

INR appreciation improved import pricing

b)

INR depreciation enhanced export competitiveness

c)

USD weakening reduced hedging costs

d)

INR depreciation reduced domestic input costs

17.

What was SEBI’s primary allegation against Jane Street in Indian derivatives markets?

a)

Arbitrage without SEBI approval

b)

Pump-and-dump and expiry manipulation

c)

Insider trading in SME stocks

d)

Cross-border violations

18.

Which of the following best shows the use of derivatives for hedging?

a)

Exporter locking in FX rates using futures

b)

Buying call options on index

c)

Margin trading for alpha

d)

Covered call strategy

19.

When global inflation expectations rise, which asset class tends to attract more investor demand?

a)

Copper

b)

Gold

c)

REITs

d)

Equities

20.

If new technology reduces production costs, what’s the expected economic impact?

a)

Supply curve shifts right; price falls

b)

Demand shifts left; price rises

c)

Supply shifts left; price rises

d)

Demand shifts right; output falls