Question 1
What is an emergency fund?
- Fixed Deposit
- Savings Reserve
- Investment Account
Question 2
What does liquidity mean?
- Cash Availability
- Loan Terms
- Investment Growth
Question 3
What are mutual funds?
- High-interest Savings
- Collective Investment Fund
- Retirement Account
Question 4
What is compound interest?
- Interest on principal only
- Interest on initial and accumulated interest
- Fixed interest rate
Question 5
Which fund is suitable for Short-term Goals?
Question 6
You are invested in a fund, what should you do if the market falls by 5%?
- Invest More
- Redeem Money
- Do Nothing