Let's learn together!

 

Welcome to 'The Financial Literacy Test - Beginners'.

 

Fill in your details. Select the most appropriate answer according to you and hit 'Next'. If you answer the question correctly 'Kudos' if not you will get the right answer and brief explanation, go through the explanation for better understanding of the topic.

Don't forget to hit the 'i' icon for some exciting fun every time you answer!!

 

Read through our blogs and get an even better understanding.

 

Let's take the first step towards financial intelligence!

1 / 15

Which of these best describe a mutual fund?

2 / 15

Which of the following terms describe the increase in the price level of the economy?

3 / 15

Which of these is more likely to secure your investments from risks and generate better returns simultaneously?

4 / 15

Which of these conditions do not hold for IPO?

5 / 15

Which of these conditions do not hold true for debentures?

6 / 15

Which among these is a profitable condition?

7 / 15

Which of these helps you safeguard yourselves from financial losses?

8 / 15

Which of the following would be considered a risk-free investment?

9 / 15

A taxpayer is exempted from paying tax under the new regime if their total income is upto ________

10 / 15

A credit report is

11 / 15

If the interest rate offered on your Savings Account is 2% p.a. and inflation stands at 4%. After one year, the purchasing power of the money in that account would be:

12 / 15

How are debit and credit cards similar?

13 / 15

What is the tax rate that is charged on LTCG arising out of the sale of equity shares and equity-oriented mutual funds?

14 / 15

Which of these statements are incorrect with respect to EMI?

15 / 15

Savings accounts are___________ but are not__________.

Your score is

0%