General Knowledge Trivia questions and answers

General Knowledge Trivia Questions and Answers

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!

401.

What is the name of China’s official currency?

A.

Yen

B.

Yuan

C.

Won

D.

Baht

E.

Rupee

Correct answer is B

The official currency of China is the Yuan, often referred to as Renminbi (RMB).

402.

What is diversification in investing?

A.

Investing in a single asset class

B.

Spreading investments across various asset types to reduce risk

C.

Avoiding high-risk investments

D.

Investing only in mutual funds

E.

Investing solely in foreign markets

Correct answer is B

Diversification involves spreading investments across different asset classes to reduce risk.

403.

What is an ETF?

A.

Equity Trading Fund

B.

Exchange-Traded Fund

C.

Equity Transfer Fund

D.

Enhanced Tax-Free Fund

E.

Earnings Transfer Fund

Correct answer is B

An ETF, or Exchange-Traded Fund, is a fund traded on stock exchanges that holds a collection of assets.

404.

What is a financial derivative?

A.

A stock from a large company

B.

A contract based on the value of an underlying asset

C.

A type of government bond

D.

A savings account with fixed interest

E.

An investment in gold

Correct answer is B

A derivative is a contract whose value is derived from the performance of an underlying asset.

405.

What is an index fund?

A.

A fund that tracks the performance of a market index

B.

A high-risk mutual fund

C.

A government savings bond

D.

A fund that invests in foreign companies

E.

A fund for dividend stocks

Correct answer is A

An index fund is a mutual fund designed to replicate the performance of a market index.