Personal Finance Quiz

This short, 10-question quiz on basics of finances covers a wide range of personal finance topics. And ones which we all need to know. Take the quiz, and see how much you know.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
Paul Samuelson, Economist

Before you Take the Quiz On Basics of Finances

  • All questions in the quiz are extracted from the contents of the book Smart Money Moves, and the corporate training workshop, The Moneyplanting Program.
  • No question here has an ambiguous answer. The right answer, is right by miles.
  • Correct answers and explanations are available in the subscription email. If you just want to see the score, leave the email field blank.
  • If you don’t see the mail once you’ve subscribed, check your SPAM folder.
  • Good luck.

The Moneyplanting Quiz

1.
Which investment among these do you suppose has consistently provided the highest long-term returns in India?
2.
Say you decide to invest in a mutual fund. Which channel from these below will allow you to generate better returns from the same mutual fund?
3.
Financial middlemen(agents/distributors) often walk away with a large chunk of your investment as commissions. Which investment products from the ones below do you suppose have the highest percentage of middleman commissions?
4.
Which is the best way to invest in Gold?
5.
An investment of 10 Lakhs in a good piece of Real Estate in India in 1998 would've grown to about 1.8 Crores by 2015. That's an 18X return over that 20 year period. If you were however unlucky enough to have put that 1 Lakh in an equity mutual fund, which had the poorest performance over the same period, how much do you suppose your return would have been? 
6.
Which from below is a good explanation of 'Market Cap'?
7.
Out of the Equity related strategies from below, which has been known to provide the highest long term returns, time and time again?
8.
If you had to, which type of financial advisor would you hire?
9.
Which statements from below are true?
10.
How often is it good to check how well your equity mutual fund investments are performing?

Get answers to the quiz

Answers, and their explanations are part of the welcome mail. Along with the answers, you’ll also receive updates on new quizzes, posts and book giveaways.
 
No ads. Ever. We hate ads as much as you do.

Take the Mutual Fund trivia quiz

This short, 10-question mutual fund trivia quiz tests your knowledge of mutual funds in India, its categories, common pitfalls and the like.

Learn fundamentals in a live program

The Moneyplanting Program is conducted as a corporate training program. Check with your HR about upcoming scheduled sessions.

Corporate Training on Personal Finances in India
Scroll Up