Our general knowledge trivia questions and answers are a fun way to learn some random facts about geography, history, politics, sports, science, technology, music, food, wild life, entertainment, cultures or just about anything.
Put on your thinking cap and test how much you really know about the world around you. Have fun!
What is the name of China’s currency?
Yen
Yuan
Won
Ringgit
Rupee
Correct answer is B
The official currency of China is the Renminbi (RMB), and its unit is the Yuan.
What is the function of a central bank?
To manage a country’s currency and monetary policy
To issue stock options
To regulate foreign exchange rates
To manage private bank accounts
To provide loans to individuals
Correct answer is A
A central bank manages a country’s currency, monetary policy, and oversees the financial system.
What does "compound interest" mean?
Earning interest only on the principal
Earning interest on both the principal and previously earned interest
The interest charged on loans
The annual fee for savings accounts
The fixed return on investments
Correct answer is B
Compound interest is calculated on both the principal and the previously earned interest, allowing investments to grow faster.
Trading based on public information
Illegal trading based on non-public, material information
Investing in startup companies
Selling shares at a loss
Trading in foreign markets
Correct answer is B
Insider trading is the illegal practice of trading based on non-public, material information.
What does the term "equity" mean in finance?
The total debt of a company
Ownership interest in a company
The profit made from investments
The market value of assets
The amount borrowed by a business
Correct answer is B
Equity represents ownership interest in a company, usually in the form of shares.