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Hello:
You are invited to participate in our survey about Financial Literacy

The questions are a test of the comprehensiveness and literacy of financial terminology to the average Indian. The objective of this survey is to establish the level of financial literacy in working-class adults.

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Cerebrum
 
 
 
What is income?
 
Money received as a result of business activity; a financial gain
 
The date on which a loan must be paid back in full.
 
Principal of a loan.
 
 
 
What is an Asset?
 
An obligation to pay money to a third party.
 
Any item owned by a business or individual.
 
A financial obligation.
 
 
 
Which of the following is an example of financial asset?
 
National Savings Certificate
 
Infrastructure Bonds
 
Krishi Vikas Patra
 
All of the above
 
 
 
What is credit?
 
Funds available for borrowing.
 
Financial statement.
 
The sum of your assets.
 
 
 
If you had a savings account at a bank, which of the following would be correct concerning the interest that you would earn on this account?
 
Sales tax may be charged on the interest that you earn.
 
You cannot earn interest until you pass your 18th birthday.
 
Earnings from savings account interest may not be taxed.
 
Income tax may be charged on the interest if your income is high enough.
 
 
 
It is okay to be financially unaware and let financial advisors and fund managers trade on our behalf.
 
Yes
 
No
 
 
 
Capital Market is a market which deals in :
 
Short term funds
 
Long term funds
 
Securities
 
All of the above
 
 
 
Stock Exchanges are stable with higher returns
 
Yes
 
No
 
 
 
What does a Bear Market mean?
 
A market characterized by falling prices for securities.
 
A market characterized by rising prices for securities.
 
Volatile market.