Choosing the Right Short-Term Investment

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Questions and Answers

What is the minimum investment period for bank Fixed Deposits?

7 days
60 days
30 days (correct)
15 days

Who are the ideal investors for Fixed Deposits with banks?

Investors with low investment period (correct)
Investors looking for high risk
Investors looking for low risk
Investors with high investment period

What does a term life insurance policy provide?

Periodic payment of premiums and a lump sum amount on the date of expiry of the policy
A combination of risk cover and investment
A lump sum payment to the designated beneficiary in case of the death of the insured (correct)
A guaranteed income for life

What does an endowment policy provide?

Periodic payment of premiums and a lump sum amount either in the event of death of the insured or on the date of expiry of the policy (A) Signup and view all the answers