Test Your Financial IQ

KYC means

• Know Your Customer

• Know Your Character

• Both of these

• None of these

  Life insurance means  

• Insurance of human

• Insurance of life of Cattle

• Insurance of Life of Machines

• All of these

Profits gained from investments in mutual funds are subject to tax as 'Capital gains'. How much long-term and short-term capital gains tax are levied you pay on such investments (exclusive of access)?

• 15% STCG and 5% LTCG

• 5% STCG and 10% LTCG

• 10% STCG and 15% LTCG

• 15% STCG and 10% LTCG

Which credit score is considered best for qualifying credit cards and personal loans?

• CIBIL score above 700

• CIBIL score above 650

• CIBIL score between 750 and 900

• CIBIL score above 800

Under which section of the IT Act can taxpayers claim income tax deduction for premium on life insurance policy?

• Section 80 A

• Section 80C

• Section 80G

• Section 80 D

Who is the regulator for NPS in India?

• SEBI

• PFRDA

• IRDAI

• UIDAI

Which of the following has highest level of liquidity?

• Mutual Funds

• Real estate

• Gold

• Fixed deposit

A regulatory body set up to control trading of financial securities in India

• SEBI

• RBI (Reserve Bank of India)

• SBI (State Bank of India)

• None of these