Two-thirds of people around the world failed a short test of basic financial concepts. Can you become one of those who passed this five-question quiz?
The test, created by the World Bank and George Washington University among others, was posed to 150,000 people in more than 140 countries last year. It tests understanding of risk, inflation, interest, and compound interest.
To pass, people had to demonstrate competency in three out of four topics. See how you fare on this slightly modified version of the quiz.
Did you join the 33% of people who were able to pass the test? Share your result in the comment section below or on your Facebook page.
Check out other NAIJ.COM quizzes:
How Much Do You REALLY Know About New Ooni Of Ife, Ogunwusi?
Slim Or Not: What Is The Size Of Your Ideal Woman?
Nigeria Independence Day Quiz: How Nigerian Are You?
Can We Guess What Level Of Education You Have?
What Nationality Is Your Sex Drive?
Warning: The quiz is best displayed on desktop PCs, iPhones and latest versions of Android.
The post Can You Pass This Basic Financial Literacy Test? appeared first on Nigeria News today & Breaking news | Read on NAIJ.COM.
