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Big Three Test
A quick 3-question test to measure your financial basics.
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Suppose you had ₹100 in a savings account and the interest rate was 2% per year. After five years, how much do you think you would have in the account if you left the money to grow?
*
1 point
More than ₹102
Exactly ₹102
Less than ₹102
Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After one year, how much would you be able to buy with the money in this account?
*
1 point
More than today
Exactly the same
Less than today
Is this statement True or False? Buying a single company’s stock usually provides a safer return than a stock mutual fund.
*
1 point
True
False
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