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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
List two saving avenues.
💡 Hint: Think of where you can deposit your money safely.
Question 2
Easy
What is a mutual fund?
💡 Hint: Consider how many investors can put money together.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
Which of the following is NOT a saving avenue?
- Post Office
- Real Estate
- Shares
💡 Hint: Identify which is primarily for saving reserves.
Question 2
True or False: Investing in mutual funds guarantees returns.
- True
- False
💡 Hint: Consider market risks involved.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Design a savings plan for a family with two children, considering their current income and future education needs.
💡 Hint: Break down regular expenses against possible savings.
Question 2
Critically assess the risk versus benefits of investing in shares versus bonds for long-term financial growth.
💡 Hint: Consider market volatility for each type.
Challenge and get performance evaluation