
MONETARY BUTCHER 3
Authored by Kushala Prasad
Business, Specialty
University - Professional Development
Used 4+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An example of derivative security is
A common share of Relaince
A call option from TATA Motors
A bond provided any financial institution
None of the above
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A couple that is currently renting but is thinking about moving to another city in the near future should?
Buy if they can arrange a monthly mortagage payment less than their current rent.
Continue renting because the real estate is not easily convertible into cash and costly to buy and sell.
Buy because real estate will always increase value.
Continue renting because rental payments are tax deductible but mortgage interest payments are not.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is the best place to set funds aside for "surprise" expenditures?
The stock market
Your regular checking acount
A savings account
Ownwership of real estate
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
He is an American businessman, politician, philantrophist, and author.
Steve Forbes
ToM Steyer
Ross Perot
Michael Bloomberg
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Tom's goal is to buy a $500 stereo system by saving $50 a week from each paycheck for the next ten months. Which phrase BEST describes this goal?
Measureable, but not realistic
Realistic, but not measurable
Specific and time-bound
Realistic and time-bound
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Shannon always shops at Office Mall when she needs office/school supplies. This illustrates a decision made:
By following logical steps
From habit
On impulse
With options in mind
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
He is the CEO of one of the most recognisable goal oriented robo investor firms in the market. Identify the person and the firm which currently has $16.4 billion of assets under management. Guess the personality.
Nitin Kamath
Jon Stein
Dan Schulman
Edward Wible
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