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