The Family Quiz Show 1

Imagine that the interest rate on your savings account is 3% a year and inflation is 4% a year. After one year, would the money in the account buy more than it does today, exactly the same or less than today?

Which of the following has historically had the highest rate of return over long term?

Buying a single company's stock usually provides a safer return than a diversified equity mutual fund scheme.

Managing money throughout life to reach your financial goals is called ____________________.

Should one stop SIPs when stock markets are at an all-time high?

Ideally, how often should you check how well your equity mutual fund investments are performing?

Higher NAV means the scheme is expensive.