Test Your Knowledge of Finances

1. 


Which statements from below are true?

2. 


Which is the most tax-efficient, profitable way to invest in Gold?

3. 


How often is it good to check how well your equity mutual fund investments are performing?

4. 


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?

5. 


Which from below is a good explanation of 'Market Cap'?

6. 


Out of the Equity related strategies from below, which has been known to provide the highest long term returns, time and time again?

7. 


Which investment among these do you suppose has consistently provided the highest long-term returns in India?

8. 


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?

9. 


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? 

10. 


If you had to, which type of financial advisor would you hire?