FinSuperstars_Fl Assessment_Level 2_9-14yrs

FinSuperstars_Fl Assessment_Level 2_9-14yrs

6th - 8th Grade

20 Qs

quiz-placeholder

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FinSuperstars_Fl Assessment_Level 2_9-14yrs

FinSuperstars_Fl Assessment_Level 2_9-14yrs

Assessment

Quiz

Life Skills

6th - 8th Grade

Hard

Created by

Tejaswini Chogtu

Used 10+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  When you are buying a stock, you get a small piece of

   a. Risk of company

b.      Debt of company

c. ownership of company

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Compound Interest?

a.    A fixed percentage of Principal amount.

b. Earn Interest not only on your principal but the interest you have already made

c. Variable Interest Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following Investment is considered to be the riskiest?

a. Gold

b. Stocks

c. Mutual Funds

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Raj is a businessman he wants to have daily transactions so what kind of account he might require?

a. Saving account

b. Recurring account

c. Current account

d. Regular saving account

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What does R in SMART stand for?

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the famous rule of 72 ?

72/interest rate = number of years

72/interest rate = number of years to double

72 x interest rate = number of months to double

72/principle = number of years to double

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the full form of ROI ?

a. Return of Income

b. Return on Investment

c. Receipt of Income

d. Release of Income

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