Do you know which cricketer worked as a stockbroker at the Adelaide Stock Exchange?
Do you know that Al Capone never got convicted for any of his crimes except one. What was the crime?
Do you what’s the term given to a bond denominated in Chinese yuan and issued in Hong Kong?
Answer this fun quiz to test your finance gyaan.
1. When the Bombay stock exchange was established in 1875, 318 people became members. What was the amount they contributed to start the exchange?
a. 4 annas b. One rupee c. Five rupees
Courtesy:
Wrong Try again..
Wrong The correct answer is b. In 1875, 318 persons became members of what today is called the Bombay Stock Exchange Ltd. by paying a princely amount of Re 1.
Correct! In 1875, 318 persons became members of what today is called the Bombay Stock Exchange Ltd. by paying a princely amount of Re 1.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
2. Which company was formed to built telegraph lines and built the first inter Atlantic telegraph line in 1861? Later in 1988 this company transformed itself from a telegraph company to money handler for transfers?
a. Citibank b. Western Union c. Moneygram
Wrong Try again..
Wrong The correct answer is b. Western Union was founded as the New York and Mississippi Valley Printing Telegraph Company in 1851. Today, their product portfolio includes businesses solutions, consumer-to-consumer money transfer, bill payment services, and stored value options such as prepaid cards.
Correct! Western Union was founded as the New York and Mississippi Valley Printing Telegraph Company in 1851. Today, their product portfolio includes businesses solutions, consumer-to-consumer money transfer, bill payment services, and stored value options such as prepaid cards.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
3. Which play of William Shakespeare had a clear financial message?
a. Romeo and Juliet b. Hamlet c. The Merchant of Venice
Wrong Try again..
Wrong The correct answer is c. In addition to love and religion, The Merchant of Venice also focuses on the world of finance. As the play's title implies, there is an important emphasis on mercantile activity and the kinds of risks associated not only with choosing the right marriage partner, but also venturing into right financial investments.
Correct! In addition to love and religion, The Merchant of Venice also focuses on the world of finance. As the play's title implies, there is an important emphasis on mercantile activity and the kinds of risks associated not only with choosing the right marriage partner, but also venturing into right financial investments.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
4. Al Capone never got convicted for any of his crimes except one. What was the crime?
a. Murder b. Theft c. Income tax evasion
Wrong Try again..
Wrong The correct answer is c. Al Capone was an American gangster involved in smuggling and bootlegging liquor, and other illegal activities in Chicago from the early 1920s to 1931. Capone was convicted on federal charges of tax evasion in 1931.
Correct! Al Capone was an American gangster involved in smuggling and bootlegging liquor, and other illegal activities in Chicago from the early 1920s to 1931. Capone was convicted on federal charges of tax evasion in 1931.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
5. Which of these cricketers worked as a stock broker at the Adelaide Stock Exchange?
a. Greg Chappel b. Ian Chappel c. Sir Don Bradman
Wrong Try again..
Wrong The correct answer is c. Sir Don Bradman worked as a stock broker in Adelaide in 1934. He retired from his stockbroking business in June 1954.
Correct! Sir Don Bradman worked as a stock broker in Adelaide in 1934. He retired from his stockbroking business in June 1954.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
6. What is the full form of NEFT?
a. National Electronic Funds Transfer b. National Equity Funds Transfer c. National Electronic Free transfer
Wrong Try again..
Wrong The correct answer is a. National Electronic Funds Transfer (NEFT) NEFT is electronic funds transfer system, which facilitates transfer of funds to other bank accounts in over 63,000 bank branches across the country. This is a simple, secure, safe, fastest and cost effective way to transfer funds especially for retail remittances.
Correct! National Electronic Funds Transfer (NEFT) NEFT is electronic funds transfer system, which facilitates transfer of funds to other bank accounts in over 63,000 bank branches across the country. This is a simple, secure, safe, fastest and cost effective way to transfer funds especially for retail remittances.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
7. What's the term given to a bond denominated in Chinese yuan and issued in Hong Kong?
a. Dim Sum b. Renminbi c. Ringgit
Wrong Try again..
Wrong The correct answer is a. Dim Sum Bond is a bond denominated in Chinese yuan and issued in Hong Kong. Dim Sum bonds are attractive to foreign investors who desire exposure to yuan-denominated assets, but are restricted by China's capital controls from investing in domestic Chinese debt.
Correct! Dim Sum Bond is a bond denominated in Chinese yuan and issued in Hong Kong. Dim Sum bonds are attractive to foreign investors who desire exposure to yuan-denominated assets, but are restricted by China's capital controls from investing in domestic Chinese debt.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
8. In which type of auction is the price reduced until a buyer is found?
a. Dutch Auction b. Indian Auction c. American Auction
Wrong Try again..
Wrong The correct answer is a. A Dutch auction is a type of auction in which the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer's price, or a predetermined reserve price (the seller's minimum acceptable price) is reached.
Correct! A Dutch auction is a type of auction in which the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer's price, or a predetermined reserve price (the seller's minimum acceptable price) is reached.
Test your finance gyaan with this quiz
Last updated on: December 03, 2013 20:43 IST
9. There are schemes that offer rebates to investors under specific provisions of the Income Tax Act 1961, such as ELSS. Expand ELSS?
a. Equity Linked Systematic Schemes b. Equity Linked Social Schemes c. Equity Linked Saving Schemes
Wrong Try again..
Wrong The correct answer is c. An ELSS or Equity Linked Saving Scheme is a diversified equity mutual fund which is qualified for tax exemption under section 80C of the Income Tax Act, and offers the twin-advantage of capital appreciation and tax benefits. It comes with a lock-in period of three years.
Correct! An ELSS or Equity Linked Saving Scheme is a diversified equity mutual fund which is qualified for tax exemption under section 80C of the Income Tax Act, and offers the twin-advantage of capital appreciation and tax benefits. It comes with a lock-in period of three years.
