#MoneyFridays
Money Fridays Quiz
Welcome to the Money Fridays Quiz! Test your knowledge on finance, investment, and economic concepts. This quiz consists of 12 questions designed to challenge your understanding of the financial world.
- Multiple-choice questions to assess your financial literacy.
- Key topics include bond ratings, credit agencies, and more.
- Fun and educational for anyone interested in finance!
Which of the following is true about bond ratings
Higher ratings mean lower risk
Lower ratings mean higher risk
None of the above
All of the above
In what Chinese city does Apple manufacture majority of the iPhone?
Zhengzhou
Guangzhou
Tianjin
Shenzhen
The New CBN policy mandates a charge of what percentage on individuals when they exceed their withdrawal limits?
5%
10%
2%
15%
What is the difference between a financial planner and a financial advisers
A planner helps you manage your finances while an advisor guides you on specific investments
An adviser helps you manage your finances while a planner guides you on specific investments
All of the above
None of the above
The following are credit rating agencies in Nigeria except?
Global Credit Rating (GCR)
DataPro Limited
Agusto and Co.
Associated Credit Rating Nigeria (ACRN)
The largest Pension Fund Administrator in Nigeria is?
UBA
Stanbic IBTC
GTB
Kuda
What country is Nigeria most indebted to in 2022?
China
U.S.A
London
The E.U
The following are types of transaction that escrows are commonly used in except?
Real estate
Artwork
Divorce settlement
Luxury furniture
What year did NNPC become NNPC limited?
1999
1960
2015
2022
Which of the following is true about stock splits?
The value of individual shares are reduced
It reduces liquidity
The value of the investors holdings are reduced
All of the above
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