Question 1

What is the term for a type of insurance that provides protection against unexpected events such as natural disasters or theft?

Accepted Answer

Homeowners insurance

Question 2

What is the term for a type of investment that allows you to invest in bonds or other debt securities?

Accepted Answer

Bond trading account

Question 3

What is the term for a type of investment that allows you to invest in stocks or other securities through a computer program?

Accepted Answer

Robo-advisor account

Question 4

What is the term for a type of investment that allows you to invest in commodities such as gold or oil?

Accepted Answer

Commodity trading account

Question 5

What is the term for a type of investment that involves buying and selling currency to make a profit?

Accepted Answer

Forex trading

Question 6

What is the term for a type of account that allows you to save money and earn interest without having to pay taxes on the interest?

Accepted Answer

Traditional IRA

Question 7

What is the term for a type of investment that allows you to invest in real estate but doesn't require direct property ownership?

Accepted Answer

Real estate investment trust (REIT)

Question 8

What is the term for a type of insurance that provides protection against unexpected events such as accidents or illnesses?

Accepted Answer

Health insurance

Question 9

What is the term for a type of investment that allows you to invest in a variety of assets but requires you to actively manage your portfolio?

Accepted Answer

Robo-advisor account

Question 10

What is the term for a type of investment that allows you to pool your money with others to invest in a variety of assets?

Accepted Answer

Mutual fund

Social science: Trivia questions with answers