
FinO Magnet
Authored by FinOmagnet FinOmagnet
Financial Education
University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
In which year did the first internet banking service become available in India? And which bank offered it?
2005 - Citibank
2000 - HDFC Bank
2002 - SBI
1996 - ICICI Bank
2.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
What term refers to the use of blockchain technology in financial transactions?
Cryptocurrency
Smart contracts
Decentralised finance (DeFi)
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
What does the term “bull market” signify in the stock market?
A market with declining prices
A market with increasing prices
A market with no significant price changes
A market with high volatility
4.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
What is the purpose of a stop-loss order?
To buy a stock at a lower price than the current market value.
To limit losses by selling a stock if its price drops to a specified level.
To take advantage of potential price increases in a volatile market.
To purchase a stock automatically when it reaches a certain price level.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which bank has the highest Market Cap, in the global market?
Bank of America
JPMorgan Chase & Co
HSBC
Industrial and Commercial Bank of China
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