Will you Test Your Knowledge about Banking and Finance? Banking and finance is a very important sector that requires a lot of precision and documentations where a small error would lead to a lot of miscalculations in other different sectors. The quiz below is for those of you willing to test their understanding on the two sectors. Give it a try!
True
False
True
False
To consistently pay a small part of the amount owed every month
To not pay every month but pay lump sum using my bonus at the end of the year
To pay the full amount owed for that month
To take up a personal bank loan to pay the credit card debt in full
True
False
Stocks and only stocks
Bonds
T-Bills
GIC’s
All of the above
Your score on an online quiz
A score given to an individual by banks based on their financial activities
An imaginary credit card
Similar to interest
BMO
Royal
Scotia
TD
The one that suits your needs
$100
$200
$1000
5
100
150
1000
2000
12
10
12.4
13.5
20%
30%
2%
10%
19%
16.3%
50%
21.2%
320
420
300
32
400
360
420
430
12 for 5
14 for 6
Option 3
Option 4
25,000
26,000
20,000
50,000
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Here's an interesting quiz for you.