DDA UT

DDA UT

Professional Development

6 Qs

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DDA UT

DDA UT

Assessment

Quiz

Financial Education

Professional Development

Easy

Created by

Dharshini Krishnan

Used 1+ times

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is DDA?

Different amount of investment to be deducted every month on a fixed date.

Fixed amount of investment that is deducted two months once on a fixed date.

Different amount of investment that is deducted on different dates.

Fixed amount of investment that is deducted on a monthly basis on a fixed date.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where to apply DDA?

DDA is not suitable for any asset classes.

DDA works well only for Money Market.

DDA can be done for all asset classes.

DDA works well for bonds.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

DDA is also known as

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the benefits of DDA?

Peace of mind & Affordable

Depreciation of wealth

No timing the market

No risk

RCA

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Now existing clients can start DDA through Public Mutual Online (PMO)

TRUE

False

I oso dont know

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the benefits of DDA for UTCs?

Growth in career Benefits & AUM

Year End Bonus for Cash Sales

Qualify for trips

Consistent income