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FINANCIAL LITERACY Flashcards | StudBud
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FINANCIAL LITERACY
FINANCIAL LITERACY
20 terms
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Flashcards
20 cards
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Questions
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Answers
1
A stock broker means, a member of
SBI
RBI
Recognized stock exchange
Any exchange
2
KYC means
None of the above
Know Your Company
Know Your Client
Know Your Customer
3
What is Nifty
What is Nifty
None of the above
An Indicator
An Index
4
Instrument that gives an assured return
Fixed Maturity Plans
Equity
None of the above
Mutual Funds
5
The central Bank of India is
Bank Of India
Central Bank Of India
State Bank Of India
Reserve Bank Of India
6
Which of the following is Govt.Savings Scheme?
Infrastructure Bond
All of the above
Post office recurring Deposit
RBI Relief Bond
7
Regulator of Insurance companies
IRDA
Ombudsman
RBI
SEBI
8
Credit rating companies
CARE&FITCH
ICRA
ALL THE ABOVE
CRISIL
9
GDP stands for
Group disaster plan
Government disaster plan
Government Depository paper
Gross domestic product
10
Equity share holders have
Voting right at AGM
Right to claim dividends
Right to claim loss
Liability to pay loss
11
SIP stands for
Supporting investment practice
Security in place
Systematic Investment plan
System in place
12
Asset allocation must primarily based on
Financial goals
Taxation Needs
Investment needs
Insurance needs
13
Rate of return are usually evaluated on
Per work basis
Per annum basis
Per month basis
Per day basis
14
Creating a corpus for daughter’s marriage is an example of
None of the above
Comprehensive financial plan
Financial Goal
Gold oriented financial plan
15
Mutual Fund is a
ASSET MANAGEMENT COMPANY
NONE
TRUST
COMPANY
16
Equity index companies
Basket of bonds & Stocks
Basket of stocks
None of the above
Basket of tradable debentures
17
What is inflation
Rupee cost averaging
Rising prices
Percentage change in value of WPI
Rupee value averaging
18
Life Insurance is meant for
Savings
Risk Protection
Investment
Tax Planning
19
A stock market means
Place where buying & selling of shares
A place where cash deals
A place where currency deals
A place where claims settled
20
What is a FPO
Faulty public offer
First time public offer
Fastest public offer
Follow on public offer
