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Quiz: World Investor's Week 2025! #WIW2025

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

What is compound interest?

a)

Interest calculated only on the initial principal

b)

Interest earned on both the principal and accumulated interest

c)

A fixed return regardless of investment

d)

A type of tax on investments

2.

You put $100 into a savings account with a guaranteed interest rate compounding at a rate of 2% per year. You don’t make any further payments into this account and you don’t withdraw any money. How much would be in the account at the end of the first year, once the interest payment is made?

a)

$102

b)

$100

c)

$120

d)

$200

3.

Referring to the last question ($100, compounding interest rate of 2% per year), how much would be in the account at the end of 5 (five) years, considering that there are no fees?

a)

More than $110

b)

Exactly $110

c)

Less than $110

d)

Impossible to tell from the information given

4.

What does diversification in investments mean?

a)

Putting all your money in one high-return stock

b)

Spreading investments across different assets to reduce risk

c)

Investing only in foreign currencies

d)

Avoiding investments altogether

5.

What does “liquidity” mean in investing?

a)

The amount of water a company uses in production

b)

The total value of an investment portfolio

c)

The ability to convert an asset into cash quickly without significant loss in value

d)

The interest rate earned on savings

6.

What type of investment is typically considered higher risk but also potentially higher return?

a)

Government bonds

b)

Savings accounts

c)

Fixed deposits

d)

Stocks

7.

Which of the following factors should you consider before investing?

a)

Your financial goals and risk tolerance

b)

A celebrity endorsement of the investment

c)

What your friends are investing in

d)

The popularity of the investment

8.

Which of the following is considered a long-term investment?

a)

Putting money in a current account

b)

Keeping cash at home

c)

Buying a new phone

d)

Contributing to a pension scheme

9.

What is the name of the Defined Contribution (DC) pension scheme introduced under the Maldives Pension Act?

a)

Basic Pension Scheme

b)

Maldives Retirement Pension Scheme

c)

Government Provident Fund

d)

Long Service Pension Scheme

10.

Which of the following parties receive the profit generated through MRPS investments?

a)

The State

b)

Pension Office

c)

Members of the Maldives Retirement Pension Scheme

d)

Government Employees

11.

What happens when you contribute to MRPS?

a)

Your money is kept as cash in a savings account

b)

Your contributions are pooled and invested to earn returns over time

c)

Your savings are used for Basic Pension payouts

d)

The government uses it for public projects

12.

Why is it important to start investing early?

a)

To take advantage of compounding growth over time

b)

Because older investors cannot invest

c)

To avoid taxes

d)

To receive government incentives and rewards