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Financial Literacy
What is the safest type of investment
Habib Bank LImited is a
Financial Literacy
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1
Habib Bank LImited is a
Commercial Bank
Central Bank
Microfinance Bank
State Bank
2
What is the safest type of investment
bonds
real estate
savings account
stocks
3
HBL is a
central bank
commercial bank
banker's bank
investment bank
4
Which of these is NOT a service comercial banks offer?
safety lockers
currency exchange
printing money
car loans
5
Goods that are used by everyone and not paid for by anyone are called
free goods
public goods
wastage
unnecessary goods
6
Which type of bank account is used for everday transactions?
current account
savings account
deposit acccount
investment account
7
What is compund interest like
melting ice
snowball
a spinning top
magic trick
8
What are taxes used for?
building a shopping mall
helping citizens
getting loans
making a movie
9
why should you diversify your investments?
to confuse your banker
to earn less interest
to avoid taxes
to spread risk
10
In investing, higher risk usually means
lower reward
high reward
no reward
no risk
11
The State Bank of Pakistan
is the central bank
all of the above
manages money supply
is the government's bank
12
Which type of account earns interest?
current account
deposit account
investment account
savings account
13
ONLY the State Bank of Pakistan can issue orders to print currency
False
True
