The Personal
Finance Crossword

ACROSS:

Strategy of creating a portfolio consisting of varied assets to reduce risk and meet investment goals (15)

Acronym of a single-use password to authenticate transactions (3)

Acronym of a government pension scheme (3)

Acronym used for automated monthly investment in Mutual Funds* (3)

The amount one pays to insurance providers to get insurance cover (7)

Loss           Bias: A tendency to prioritise avoiding losses over maximising gains (8)

DOWN:

Fixed           : A secure investment option (7)

Acronym of a monthly payment made towards repaying a loan or large expense (3)

          Samriddhi Yojana: A government savings scheme for the girl child (7)(3)

Emergency           : living expenses for 6-12 months kept aside as a nest egg (4)

Forum by RBI to address grievances of the Bank’s customers (9)

          Provident Fund: A long-term and secure investment option (6)