Start Here quiz

1. What is money?

1. Something people agree to accept in a swap
2. Only gold bars
3. A kind of food
4. A score in a video game

2. What does saving mean?

1. Spending everything today
2. Keeping money safe to use later
3. Giving money away
4. Buying sweets every day

3. What is investing?

1. Hiding money under a bed
2. Paying for lunch
3. Buying something that might grow in value but could also fall
4. Borrowing money from a friend

4. What is interest on savings?

1. A fee for walking into a bank
2. A tax on toys
3. The price of a share
4. A small extra amount a bank may pay you for keeping your money there

5. You save 500 rupees at 4% interest a year. How much interest do you earn in one year?

1. 4 rupees
2. 20 rupees
3. 50 rupees
4. 504 rupees

6. You invest 300 and it falls 20%. What is it worth now?

1. 240
2. 280
3. 320
4. 360

7. Which money is the worst choice to invest?

1. Money you will not need for many years
2. A small part of your savings
3. Birthday money you plan to keep for ten years
4. Money you need for next month's school trip

8. Prices rise 5% in a year and your cash earns nothing. What happens to what your money can buy?

1. It buys more
2. It buys exactly the same
3. It buys a little less
4. It doubles

9. A friend says investing always makes money. What is the best reply?

1. Investments can fall, so you could get back less than you put in
2. True, it always grows
3. Only at weekends
4. Only if you invest everything

10. Before money, why was barter hard?

1. Nobody had anything to swap
2. You had to find someone who had what you wanted and wanted what you had
3. Barter was against the law
4. Everything was free

11. What is a market?

1. A place where buyers and sellers meet to trade
2. A kind of bank
3. Only a shop that sells food
4. A school for traders

12. What is traded on a stock exchange?

1. Vegetables
2. Shares, which are small parts of companies
3. Train tickets
4. Houses

13. Which of these is a stock exchange in India?

1. Nasdaq
2. Tokyo Stock Exchange
3. NSE
4. New York Stock Exchange

14. When does a trade happen?

1. When a seller opens a stall
2. When the market opens
3. When a buyer walks in
4. When a buyer and a seller agree on a price

15. Ravi sells 30 mangoes at 25 rupees each. How much do his buyers pay in total?

1. 55 rupees
2. 750 rupees
3. 300 rupees
4. 7,500 rupees

16. Which stock exchange is in Japan?

1. New York Stock Exchange
2. BSE
3. Nasdaq
4. Tokyo Stock Exchange

17. What does a broker do?

1. Prints money
2. Sets the price of every share
3. Passes your orders to buy or sell to the exchange
4. Owns every company

18. A buyer and a seller agree on 10 shares at 100 rupees each. How much money changes hands?

1. 110 rupees
2. 100 rupees
3. 1,000 rupees
4. 10,000 rupees

19. What does the exchange itself do in a trade?

1. It brings buyers and sellers together under its rules
2. It buys every share you sell
3. It decides whether you make money
4. It gives shares away free

20. Which of these exchanges traces its start back to 1875?

1. NSE
2. BSE
3. Tokyo Stock Exchange
4. Nasdaq

21. What is a price?

1. The amount a buyer and a seller agree on
2. A number the government picks each day
3. The cost of opening a stall
4. Always the same as yesterday

22. Lots of people want to buy and few want to sell. What usually happens to the price?

1. It falls
2. It rises
3. It is frozen forever
4. It disappears

23. Lots of people want to sell and few want to buy. What usually happens to the price?

1. It rises
2. It doubles
3. It falls
4. The shop must close

24. What is the bid?

1. The lowest price a seller will accept
2. Yesterday's price
3. A fee for trading
4. The highest price a buyer is offering

25. Mangoes rise from 20 to 24 rupees. By how much did the price rise?

1. 2 rupees
2. 4 rupees
3. 20 rupees
4. 44 rupees

26. What is the ask?

1. The lowest price a seller will accept
2. The highest price a buyer is offering
3. The average price of the day
4. A price the company picks

27. The best bid is 99 and the best ask is 101. What is the gap between them?

1. 1
2. 200
3. 2
4. 99

28. A price rises from 20 to 24. What percentage rise is that?

1. 4%
2. 24%
3. 40%
4. 20%

29. In one trade, 100 shares are bought. How many shares were sold in that trade?

1. 100
2. 0
3. 50
4. 200

30. If every trade has one buyer and one seller, why does the price move?

1. Because the exchange pushes it
2. Because one side is keener and accepts a worse price to get the trade done
3. Because buyers always outnumber sellers
4. Because prices rise every day

31. What is a share?

1. A small, equal slice of a company
2. A loan to a friend
3. A type of banknote
4. A ticket to a match

32. What do we call someone who owns shares?

1. A banker
2. A shareholder
3. A cashier
4. A referee

33. A pizza has 8 equal slices and you own 2. What fraction is yours?

1. A half
2. An eighth
3. A quarter
4. All of it

34. Where do shares of big companies usually trade?

1. At a farmers' market
2. At a post office
3. In a library
4. On a stock exchange

35. A company has 1,000 shares and you own 10. What percentage do you own?

1. 10%
2. 1%
3. 0.1%
4. 100%

36. You own 10 shares at 100 rupees each. What are they worth?

1. 110 rupees
2. 100 rupees
3. 1,000 rupees
4. 10 rupees

37. The price of your 10 shares falls from 100 to 80 rupees. What are they worth now?

1. 800 rupees
2. 1,000 rupees
3. 80 rupees
4. 1,800 rupees

38. What is a dividend?

1. A fee to open an account
2. Part of a company's profit paid to shareholders, if the company chooses to
3. A promise that the share price will rise
4. The price of one share

39. On the Tokyo Stock Exchange, shares usually trade in units of 100. At 500 yen a share, what does one unit cost?

1. 500 yen
2. 5,000 yen
3. 50,000 yen
4. 600 yen

40. A company is doing well today. Can its share price still fall?

1. No, never
2. Only at weekends
3. Only if the exchange closes
4. Yes, because the price depends on what buyers and sellers expect next

41. What is crypto?

1. A digital token recorded on a shared computer network
2. A paper note printed by a bank
3. A slice of a company
4. A kind of gold coin

42. When does crypto trade?

1. Only on weekdays
2. 24 hours a day, 7 days a week
3. Only in the morning
4. Once a month

43. Are crypto prices usually calm or jumpy?

1. Always perfectly calm
2. They never change
3. They can be very jumpy
4. They only go up

44. What is a blockchain?

1. A metal chain
2. A bank building
3. A kind of share
4. A shared digital record that many computers keep together

45. A coin costs 50,000 and you buy 0.01 of it. How much do you pay?

1. 5,000
2. 500
3. 50
4. 0.01

46. Your 500 rupees of a coin rises 10%. What is it worth now?

1. 510
2. 600
3. 550
4. 450

47. What is the smallest piece of a bitcoin?

1. 0.00000001
2. 0.1
3. 0.01
4. 1

48. A coin rises 10% and then falls 20%. Starting from 500, where does it end?

1. 450
2. 500
3. 550
4. 440

49. Why do no company's profits stand behind most coins' prices?

1. Because most coins are not a slice of a company
2. Because crypto is banned everywhere
3. Because banks set their prices
4. Because coins never trade

50. Why have regulators such as the RBI warned people about crypto?

1. Because it is too slow
2. Because prices can swing a lot and people can lose money
3. Because it only trades on Sundays
4. Because it is a kind of share

51. What is a currency?

1. A country's or region's own money
2. A kind of share
3. A type of chart
4. A bank building

52. Which currency does Japan use?

1. Rupee
2. Yen
3. Dollar
4. Euro

53. What does USD/INR at 80 mean?

1. One rupee buys 80 dollars
2. 80 dollars buy one rupee
3. One US dollar buys 80 rupees
4. Both are worth the same

54. What is forex?

1. A stock exchange in Japan
2. A type of crypto coin
3. A bank card
4. The market where currencies are swapped

55. At 80 rupees per dollar, how many rupees do 5 dollars buy?

1. 85
2. 400
3. 16
4. 800

56. At 80 rupees per dollar, how many dollars do 1,000 rupees buy?

1. 12.5
2. 80
3. 8,000
4. 1,080

57. At USD/JPY 150, how many yen do 5 dollars buy?

1. 155
2. 30
3. 750
4. 1,500

58. USD/INR rises from 80 to 82. What happened?

1. The rupee got stronger
2. Nothing changed
3. Both got weaker
4. The dollar got stronger and the rupee weaker

59. In USD/INR, which currency is the base, the one being priced?

1. INR
2. USD
3. Both
4. Neither

60. How many more rupees do 5 dollars buy when USD/INR moves from 80 to 82?

1. 2
2. 5
3. 10
4. 82

61. On a price chart, which way does time move?

1. Left to right
2. Right to left
3. Top to bottom
4. It does not move

62. Where is the newest price on a chart?

1. On the left edge
2. On the right edge
3. In the middle
4. At the very bottom

63. What does a line going up mean?

1. The price fell
2. Time went backwards
3. The price rose
4. The market closed

64. Which four prices does a candle show?

1. Buy, sell, win and lose
2. Morning, noon, evening and night
3. Red, green, blue and gold
4. Open, high, low and close

65. A candle opens at 108 and closes at 110. What colour is it?

1. Red
2. Green
3. Grey
4. It has no colour

66. Prices close at 100, 104, 102, 108 and 110. How much did the price rise from the first day to the last?

1. 10
2. 8
3. 110
4. 2

67. What is a chart's timeframe?

1. The time the app opens
2. The number of candles on screen
3. How long each candle lasts, such as a day or an hour
4. The colour of the candles

68. A candle has a high of 113 and a low of 106. What is its range?

1. 106
2. 219
3. 13
4. 7

69. A candle opens at 50 and closes at 45. What colour is it, and why?

1. Green, because it moved
2. Red, because it closed below its open
3. Green, because 45 is a small number
4. Red, because it is Monday

70. Can a chart tell you for sure what the price will do tomorrow?

1. No, it only shows what already happened
2. Yes, if the line is going up
3. Yes, if the candles are green
4. Yes, on weekly charts

71. What is risk?

1. The chance of getting back less than you put in
2. A promise of a profit
3. A type of chart
4. The name of an exchange

72. Which money should you never risk?

1. Practice money in this app
2. Money you cannot afford to lose
3. Pretend money in a board game
4. Points in a quiz

73. Can a price that went up yesterday go down today?

1. No, never
2. Only at weekends
3. Yes, any price that moves can fall
4. Only for crypto

74. Which of these usually carries the most risk?

1. Savings in a bank
2. Cash kept in a piggy bank
3. Practice money in this app
4. A very jumpy crypto coin

75. You lose 10% of 10,000. How much is left?

1. 9,000
2. 9,900
3. 1,000
4. 8,000

76. After a 50% loss, what gain do you need to get back to where you started?

1. 50%
2. 100%
3. 25%
4. 10%

77. What does spreading your money across different things do?

1. It promises a profit
2. It removes all risk
3. It means one fall hurts less
4. It doubles your money

78. You have 10,000 of practice money and put 1,000 into one idea. If its price halves, how much do you have in total?

1. 5,000
2. 9,000
3. 1,000
4. 9,500

79. After a 10% loss from 10,000, about what gain gets you back to 10,000?

1. 10%
2. About 11.1%
3. 9%
4. 100%

80. A friend says a coin can only go up. What is the best reply?

1. Buy it with all your savings
2. Borrow money to buy more
3. No price only goes up, so risk only what you can afford to lose
4. Coins never move

81. What is practice money?

1. Pretend money for learning
2. Real money in a bank
3. Money you borrow
4. A kind of crypto coin

82. What does this app use for trading?

1. Real money
2. Practice money only
3. Gold coins
4. A parent's bank card

83. Why do pilots use flight simulators?

1. Because planes are boring
2. To avoid ever flying
3. To practise safely before flying a real plane
4. To win prizes

84. What is another name for simulated trading?

1. Real trading
2. Crypto trading
3. Forex trading
4. Paper trading

85. You buy 10 practice shares at 100. How much practice money do you use?

1. 110
2. 1,000
3. 100
4. 10

86. The price of your 10 practice shares falls from 100 to 95. What is the practice loss?

1. 50
2. 5
3. 95
4. 500

87. What changes when trading moves from practice money to real money?

1. Nothing changes
2. Prices stop moving
3. Losses become real, there are fees and feelings get stronger
4. Charts disappear

88. Your practice balance of 10,000 shows a loss of 50. What is the balance now?

1. 10,050
2. 9,500
3. 9,000
4. 9,950

89. Why should you treat practice money as if it were real?

1. So your habits are the same ones you would use with real money
2. Because the app charges real fees
3. Because practice money can be spent in shops
4. So you can take bigger risks

90. Why can practice results look better than real ones?

1. Because practice prices are made up
2. Because real trading adds costs and stronger feelings like fear
3. Because real markets are always closed
4. Because practice charts move faster

91. How many ideas does each lesson teach?

1. One
2. Ten
3. None
4. Every idea at once

92. What money do you use on the practice charts?

1. Your own money
2. Practice money
3. Borrowed money
4. Gift cards

93. What happens in daily practice?

1. You open a real account
2. You read the news
3. You play five short rounds each day
4. You buy shares

94. What does passing a world's exam earn you?

1. Real money
2. A free share
3. A new phone
4. A certificate

95. A drill has 10 questions. What is the fewest you need right to pass?

1. 8
2. 5
3. 10
4. 7

96. An exam has 20 questions and you need 80%. How many must you get right?

1. 8
2. 16
3. 18
4. 20

97. Daily practice has 5 rounds a day. How many rounds is that in a week?

1. 12
2. 25
3. 35
4. 57

98. Which way of studying usually helps you remember more?

1. Cramming everything in one night
2. Reading once and never again
3. Only watching others trade
4. A little practice spread over many days, with self-testing

99. What is the practice chart for?

1. Using a new idea on real price history with practice money
2. Buying real shares
3. Getting tips on what to buy
4. Watching adverts

100. Does this app tell you what to do with real money?

1. Yes, every day
2. No, it teaches skills with practice money only
3. Only at weekends
4. Only after exams