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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!

12 Questions3 MinutesCreated by InvestingStar21

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?

10%

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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