📘 Financial Literacy Quiz

1. Money is used to?

2. UPI is?

3. Money avoids?

4. Who uses money?

5. Who guarantees money?

1. Interest is?

2. Borrower?

3. Faster growth?

4. Interest rewards?

5. Interest depends on?

1. Investment means?

2. Which is an investment?

3. Best time to invest?

4. Why do people invest?

5. Investment grows mainly due to?

1. A loan is?

2. Which is a type of loan?

3. Who gives loans?

4. Why do people take loans?

5. Loan is repaid through?

1. Insurance provides?

2. Which is a type of insurance?

3. When is insurance used?

4. Who provides insurance?

5. What do we pay regularly?

1. Share market is used to?

2. IPO belongs to?

3. Who participates in share market?

4. Why do companies issue shares?

5. How do investors earn?

1. Cryptocurrency is?

2. Which is a cryptocurrency?

3. Who uses cryptocurrency?

4. Why was cryptocurrency created?

5. How does cryptocurrency work?

1. Compound effect means?

2. Which is a type of compounding?

3. When is it most useful?

4. Who benefits most?

5. Why is it powerful?

1. Chit fund is?

2. Which is a type of chit fund?

3. Who runs chit funds?

4. Why join a chit fund?

5. How does a chit fund work?

1. Inflation is?

2. Mild inflation means?

3. Inflation occurs when?

4. Who is affected by inflation?

5. How is inflation measured?

1. Deflation is?

2. Temporary deflation means?

3. When does deflation happen?

4. Who is affected by deflation?

5. How often did India face deflation in last 20 years?

1. Tax is?

2. Which is a direct tax?

3. Who collects taxes?

4. Why do we pay taxes?

5. How are taxes collected?

1. GDP stands for?

2. Which is a type of GDP?

3. Who calculates GDP?

4. Why is GDP important?

5. How can GDP increase?

1. Financial planning is about?

2. Which is a part of financial planning?

3. Who needs financial planning?

4. Why is financial planning important?

5. Financial planning should start?

1. Revenue means?

2. Which is an example of operating revenue?

3. Tax collected by the government is called?

4. Interest received by a business is an example of?

5. Why is revenue important?

1. Mutual fund is?

2. Who manages a mutual fund?

3. SIP stands for?

4. Which fund mainly invests in shares?

5. Main benefit of mutual fund is?

1. Trading mainly involves?

2. Intraday trading means?

3. Which of the following is a type of trading?

4. Who participates in trading?

5. Trading decisions are mainly based on?

1. Options are?

2. A call option gives the right to?

3. A put option gives the right to?

4. The fixed price in an option contract is called?

5. Options are mainly used for?

1. A bond is?

2. Who issues government bonds?

3. Interest paid on a bond is called?

4. Which bond is considered safest?

5. Bond investors mainly receive?

1. Dividend is?

2. Who receives dividends?

3. Which is a type of dividend?

4. Dividend is paid from?

5. Why do companies pay dividends?