Easy-Peasy
Currency of India
Rupee
Full form of PIN
Personal Identification Number
Full Form of OTP
One Time Password
What is the range of CIBIL score in INDIA?
300-900
_______ insurance is compulsory under Motor Vehicle Act.
Third Party Insurance
"_____________ hai to sahi hai" Is the tagline of which financial product?
Mutual Funds
___________ facility is available to the bank customer to transfer the funds, just a click away
Internet Banking
"____________ zindagi ke saath bhi, zindagi ke baad bhi", Is the tagline of which financial product?
LIC
What are the two types of capital gains that are being used to assess the tax liability.
1. Short Term Capital Gain
2. Long Term Capital Gain
Companies distribute the profits to the shareholders. What name is given to these profits?
Dividend
Bank charge more interest on deposit from the customer . (True/ False)
False
Suhani lost her job, _________ fund will be required to meet her daily needs, till the time she got another job
Emergency Fund
Who proposed the idea of GST in INDIA?
Sh. Atal Bihari Vajpayee
Companies are registered under _________ act.
The Companies Act, 2013
The three types of tax regimes are ________
1. Progressive Tax
2. Proportional Tax
3. Regressive Tax
Which of the following is not an asset?
1. Machinery
2. Furniture
3. Loan
4. Debtors
Loan
Name the first cryptocurrency being lunched in world.
Bitcoin
Which kind of personal wants can be fulfilled through personal loans? Name any four.
Vacations
Weddings
Home Renovations
Relocating to a new city
Electronic Gadgets
Medical Treatment
Under 50:30:20 budgeting cocept,
1. 30% is allotted to saving and investments.
2. 50% is allotted to Needs
In your opinion , the above description is correct about budgeting concept, state the reason for your answer.
No, Statement I is incorrect as 20 % is allotted for saving and investments.
Sonam wants to take a loan , but she has no source of income . Her father gifted a flat on her 25th birthday. Is there any possibility that she can get a loan from the bank. Which kind of loan will it be?
Yes
Loan against Property (Secured Loan)
CIBIL stands for________________
Credit Information Bureau (India) Ltd.
Name the investment alternates through which one can digitally invest in gold.
1. Gold ETF
2. Sovereign Gold Bond
Which of the following is least risky for investment among financial product?
1. Bonds
2. Mutual Funds
3. Fixed Deposit
4. Shares
Fixed Deposit
_________ and __________are instant credit facility which gives you a credit line which you can use and pay it after your bills get generated.
Simpl and LazyPay
Tell me about PPF :
-Tenure
-Lock-in Period
- Minimum Investment per Year
- 15 years
- 3 years
- Rs. 500