JULY 2024 | VOL. 38

Quiz

When did the Indian stock market first start allowing online trading?

A)1986

B)1992

C)2000

d)2010

When was electronic filing (e-filing) of Income Tax returns introduced in India?

A)1995

B)2000

C)2006

D)2004

Which Indian government scheme launched in 1968, encourages long-term savings with tax benefits?

A)Public Provident Fund (PPF)

B)National Pension System (NPS)

C)Atal Pension Yojana

D)Pradhan Mantri Jan Dhan Yojana

What is the significance of July 31st in the context of Indian taxation?

A)Introduction of GST

B)Deadline for filing Income Tax Returns

C)Establishment of SEBI

D)Launch of Digital India initiative

What is the primary advantage of using Equity Mutual Funds for investing?

A)Guaranteed high returns with no risk

B)Direct control over individual stock selections

C)Exposure to the stock market with professional management and diversification

D)Avoidance of market-linked returns and tax benefits

What is the term used for the fear of running out of money?

A)Algophobia

B)Chrematophobia

C)Numismaphobia

D)Peniaphobia

What is the nickname for a stock market crash that happens very suddenly and unexpectedly?

A)The Black Monday Blues

B)The Tuesday Tumble

C)The Flash Freeze

D)The Investor’s Ick

The first Credit Cards weren't made of plastic! What surprising material were some of the early Credit Cards made of?

A)Whalebone

B)Leather

C)Metal tokens

D)Compressed seaweed

Which of the following crops is most affected by the Indian monsoon?

A)Coffee

B)Wheat

C)Rice

D)Cotton

What was a major factor that influenced young Indians to start investing in the stock market recently?

A)Economic liberalization in 1991

B)The rise of user-friendly online trading platforms

C)The establishment of SEBI

D)Introduction of GST

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