DBLT Quiz

Which of these gives the highest returns ?

• Savings account
• Fixed Deposit
• ETFs
• Keeping money under my mattress

When should parents/guardians start investing for the future of their child? When the child is :

• 18 years old
• 45 years old
• At birth
• 12 years old

What are the potential benefits of investing early for a child's future?

• Higher returns on investment
• More time for the investment to grow
• Increased financial security for the child
• All of the above

How can parents balance their child's current needs with long-term investment goals?

• Prioritize immediate expenses over long-term goals
• Set a budget for current needs and savings for the future
• Ignore current needs and focus solely on long-term goals
• None of the above

Which of the following is NOT considered a financial instrument for investing?

• Mutual funds

• Stocks

• ETFs

• Debit cards

What is the recommended approach to diversifying investments for a child's future?

• Investing all funds in a single high-risk investment
• Spreading investments across different asset classes
• Keeping all investments in cash or savings accounts
• None of the above

Which of the following factors should be considered when determining the amount to invest for a child's future?

• Income
• Current expenses
• Long-term financial goals
• All of the above

Which of these is not an essential document required to open a demat account for a child

• Aadhar card
• Passport
• Pan Card

What is NGDF ?

• Nifty, Growth, Dividends and Foreclosure
• Notional, Gains, Debt and Fears
• Needs, Greeds, Dreams and Fears
• Nasdaq, Greeds, Derivative and Fixed Income

True or False: Once parents start investing for their child's future, they cannot make any changes to their investment strategy.

• True
• False