Sign up with Google
100 FAQ's on Basic Finance
Module Units
- 1. 100 Most Asked Finance Questions
- 2. When and why should you start saving?
- 3. Have you ever thought about how much you should save every month?
- 4. How is investment different from Savings?
- 5. When to start investing? What are the steps in the investment process?
- 6. What care should you take while investing?
- 7. What are various options available for investment?
- 8. What is meant by Interest?
- 9. How Does Inflation Affect Interest Rates?
- 10. What is Simple Interest?
- 11. What is Compound Interest?
- 12. Why 0% is not really 0% in EMI schemes?
- 13. What is Return?
- 14. What is the difference between return and interest?
- 15. What are the types of Asset Classes?
- 16. What is a PAN Card and its importance?
- 17. What are the types of bank accounts in India?
- 18. How to select a suitable savings bank account?
- 19. What is a Credit Rating?
- 20. What is a MAB (monthly average balance) and how does it affect you?
- 21. What is the maximum EMI I can service?
- 22. What is a credit card and how to use it?
- 23. What is credit score (CIBIL score) and importance of credit history?
- 24. Pay off credit card debt or Invest?
- 25. Meaning & usage of NEFT / RTGS / IMPS
- 26. What is a Bond?
- 27. What is a Derivative?
- 28. What is a Mutual Fund?
- 29. Public Provident Fund (PPF)
- 30. Employees Provident Fund (EPF)
- 31. National Savings Certificate (NSC)
- 32. Post Office Monthly Income Scheme (PO MIS)
- 33. Senior Citizen Saving Scheme (SCSS)
- 34. Kisan Vikas Patra (KVP)
- 35. Company Fixed Deposits (FDs)
- 36. RBI Savings Bonds
- 37. Capital Gain Bonds or 54 EC Bonds
- 38. Sukanya Samriddhi Scheme (SSS)
- 39. Non-convertible Debentures (NCDs)
- 40. Coupon Bearing bonds
- 41. Tax-Free Bonds
- 42. New Pension Scheme (NPS)
- 43. Atal Pension Yojana (APY)
- 44. What is meant by a Stock Exchange?
- 45. What is an Index?
- 46. What is a Depository?
- 47. What is Dematerialization and what are the benefits of having a demat account?
- 48. What is an ASBA facility and when can you use it?
- 49. What is meant by Securities?
- 50. Rights Issue Shares
- 51. Bull and Bear markets
- 52. Stock Split & Bonus Shares
- 53. Pay-in and Pay-out & Auction
- 54. Buyback of Shares & Open Offer of shares
- 55. Book-closure/Record date & Ex-Date
- 56. Where to find the stocks related information?
- 57. What makes stock prices go "up" and "down"?
- 58. Dividend & Dividend yield
- 59. What is a Clearing Corporation?
- 60. Rolling Settlement
- 61. How does one decide to buy and sell any equity share?
- 62. What are the various types of the risks once I start trading?
- 63. What is an Overvalued Stock or an Undervalued Stock?
- 64. Explain the terms -selling short and Margin Trading
- 65. What are Circuit filters & trading bands
- 66. What is Insider Trading?
- 67. What are advances and declines?
- 68. How much equity should I have? OR What should your asset allocation be?
- 69. What are the good parameters while selecting a good blue-chip company stock?
- 70. How to analyse whether a new IPO will succeed or not while going forward?
- 71. How to calculate gains on sale of equity funds?
- 72. What does ownership of a company give you?
- 73. How to obtain Annual Report / Quarterly report?
- 74. What are Company Earnings and its importance for an investor?
- 75. What is Financial Planning?
- 76. How do you budget? Is it necessary to have a budget?
- 77. How much emergency fund should I hold?
- 78. How much money should I save towards retirement?
- 79. How to fix timelines for your goals and align them with the proper investment vehicles?
- 80. How many years will it take to double your investment?
- 81. What should you choose - Fixed Deposit OR investment in Stocks?
- 82. Are debt funds better than fixed deposits?
- 83. Should I rent or buy a house?
- 84. Can I afford to buy a house?
- 85. What are the major points to consider while taking a housing loan?
- 86. How many mutual funds should an investor have?
- 87. What should be your ideal mutual fund portfolio?
- 88. What is the difference between dividend and growth options while selecting a mutual fund?
- 89. Which is the best mode to select in mutual funds - monthly, half-yearly or annually?
- 90. How to choose the best investment instrument for your goals?
- 91. What are the charges that I should keep in mind while investing in mutual funds?
- 92. How does the taxation on redemption of SIPs work?
- 93. How are your dividends taxed across shares and mutual funds?
- 94. What are the must know things about family finance?
- 95. What is a Nominee and why is it important to have a nominee?
- 96. What happens to your policy if you discontinue your premiums?
- 97. Explain what is Deposit Insurance?
- 98. Family floater health plan or individual policy – which is a better option?
- 99. How much life insurance should I have?
- 100. Importance of life insurance
- 101. What is health insurance?
What is Simple Interest?
By using Simple Interest, you can calculate the interest that is payable on a loan/principal amount. It is used in sectors like banking, finance, automobile, and so on.
Simple interest formula is given as:
SI = (P × R ×T) / 100
where,
SI = simple interest
P = principal
R = interest rate (in percentage)
T = time duration (in years)
Related Modules
Copy the URL
Leaderboard
| # | Name | Score |
|---|