Can you get past this financial literacy quiz? There is a common saying that to make money; you need to spend money, which is the backbone for every investment as one has to invest to reap more. How conversant are you with the basics of making financial decisions, investments, and some of the things to look out for in your See morebusiness? This quiz will help test your understanding. Do give it a shot!
More
Same
Less
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True
False
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True
False
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20%
More than 20%
Less than 20%
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Lost money
Made money
Broken even
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Rise
Fall
Stay the same
No relationship
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Funds indexed to keep up with inflation
Groups of stocks in a particular market sector, like technology
Mutual funds designed to mimic an Index, like the S&P 500 Index
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The Securities Investment Protection Corporation (SIPC)
The Federal Deposit Insurance Corporation (FDIC)
Mutual Fund Insurance Corporation (MFIC)
None of the above
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Diversified mutual funds
Securities backed by home mortgages
US Treasury bonds because they are backed by the US Government
Investment-Grade bonds from Fortune 500 companies
None of the above
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5 year
10 Year
30 Year
They would all be impacted about the same
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Loss ratio
Drawdown
Negative gain
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Quiz Review Timeline (Updated): Mar 21, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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