Hello Dear Dimers ❣️,
Here is simple contest on Finance 🥳
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Daily Three Sets (Each set consist of two) of questions will be posted.
Q1: Factual/Objective Type where one-two word(s) answer only
Q2: subjective type where questions will be asked on how? what? or experience based
Questions will be posted in comments and visible in Deal Wiki as well.
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P.S: Rewards are just token of appreciation and participation. Building Community is most important.
Finance
Day 3, Set 3
Q1: Which credit card is best for travel requirements post Atlas Devaluation on 20th April, according to you?
Q2: With everything at peak right now (Gold, Stocks, Real Estate), What according to you is a good investing strategy going forward?
entry valid till 12 Apr, 9AM....
entry valid till 7PM today
Q11: Name a dimer (max 3) which helped you understanding finance more here on Desidime.
Q12: GST: Boon or Curse? In terms of Finance
Please refrain from raising Political aspects.
Entry valid till 11 Apr, 9AM
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Questions for Day 2 (10th April 2024) Set 2 (Afternoon) are as under :-
Q 9 -- What is GDP?
Q. 10 - Have u invested in Gold other than physical form.? Do you know about Sovereign Gold Bonds (SGB) ?
Entries are allowed till 21 Hrs today.
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Q.7 - Who did launch first Mutual fund scheme in India ?
Q.8 - Which is the best Mutual Funds according to you ? and why ?
Entry allowed till 7PM today
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Q1:Q5: Share a thread link (max. 3) from Finance Section which helped you. You may comment reason as well.
Q2:Q6: What is Repo Rate and Reverse Repo?
Entry allowed till 10 Apr, 9AM
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Q3 : . At what age did u applied your first credit card?
Q4 : 2. What will u prefer for investment ? SIP or Mutual fund or anything else (Please mention in comment)
Entry allowed till 9PM today
Q2: What is IPO? What was your last IPO applied?
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Entry allowed till 7PM today
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Rewards will given by this Monday
1. November 2021
2. Initial public offering. Last IPO applied was Sona machinery.
3. 30
4. SIP in mutual funds & a little bit of Gold.
Q3 :: 27
Q4 :: Secured Investment Like Gold , Fd Etc
1. November 2021
2. Initial public offering. Last IPO applied was ESAF bank.
3. 28
4. SIP in mutual funds and bank FDs
1) November/2021
2) Initial Public offering...Not applied yet.
3) 22yrs
4) SIP for now.
Ans 1 : Nov 2021
Ans 2 : [IPO] Indian Politicians org. Never applied for this job. I am very honest person.
Ans 3 : NO CC...
ANS 4 : No Savings 
November 2021
Initial public offering related to shares capital offered by the company for sale.
Last IPO purchased by me was of Videocon
Set2
Sbl credit card at 42
Mutual funds
A1: Nov 21
A2: An initial public offering (IPO) is when a private company sells shares of its stock for the first time to the public and becomes a public company
Tata Tech
A3: Early
A4: SIP (SIP is a disciplined way to invest)
Set 1
1. November 2021
2. Initial public offering is a share capital offered on sale by a company. UTI was my first purchase.
Set 2
1. 42
2. Pension plan or fund
3. 28
4. SIP
Q1 Nov, 2011
Q2 Initial Public Offering - process of offering private shares of a company to the public, Bharati Hexacom
Q3 25
Q4 SIP
Day 1, Set 2 (09 Apr, Afternoon)
Q3 : . At what age did u applied your first credit card? A: 23
Q4 : 2. What will u prefer for investment ? SIP or Mutual fund or anything else (Please mention in comment) A: SIP
3) 31 years old
4) Mutual funds investment
Q3 applied when I was 22 years old
Q4 I prefer SIP mode of Mutual Funds and NPS
3. 28yr
4. MF , Bank FD
Q1: Nov 2021
Q2: Initial Public Offering. Tata Engineering Services.
Q3: 23
Q4: SIP
Day 1, Set 1 (09 Apr, Morning)
Q1: When was Finance Section launched on Desidime? Month and Year
Answer: November 2021
Q2: What is IPO? What was your last IPO applied?
Answer: An IPO, or Initial Public Offering, is a significant financial event where a privately-owned company offers its shares to the public for the first time, thereby becoming a publicly traded company. When a company decides to go public through an IPO, it typically works with investment banks and underwriters to determine the offering price and the number of shares to be issued.
Last IPO applied - Tata Technologies
Day 1, Set 2 (09 Apr, Afternoon)
Q3: At what age did u applied your first credit card?
Answer: 24
Q4: What will u prefer for investment ? SIP or Mutual fund or anything else (Please mention in comment)
Answer: My idea of investing is keeping 75% investment in stocks and 25% in mutual fund and as one tends to grow old, keep decreasing the contribution in stocks and increase contribution in mutual funds. Now, this is applicable only for those who knows about stocks market, analyzing financial reports and can actively (at least once in 3 months) monitor their portfolio. If one is not much aware, it can exactly be reversed making it 25% in stocks and 75% in mutual funds. Regarding SIP or lumpsum, lumspum is actually beneficial if one knows when the dip will come but on a general note, I believe one should be comfortable with SIP and at times can pause their monthly contribution and the accumulated amount can be invested in lumpsum from time to time. Even any surplus money can be contributed as lumpsum if there's a dip.
1. November 2021
2. Initial public offering. Last IPO applied was Sona machinery.
3. 30
4. SIP in mutual funds & a little bit of Gold.
Q1 Nov 2021
Q2 Initial public offering, Sona machinery
Q3 21
Q4 SIP in MF
1. November, 2021
2. Initial public offering. Not applied IPO
3. 25
4. Only SIP
Day1,Set2- 22 years, anything else like ppf or fds
A1. November 2021
A2. Initial Public Offering. Last IPO I got was Reliance Power in 2008 or 2009.
A3. At the Age of 26 in 2008
A4. I prefer Chits Or Giving Interest.
A3. 23
A4. Betting (satta) & BlackJack🎰
Q1 : November 2021
Q2 : IPO allows a company to raise equity capital from public investors. Last IPO applied was Bharti Hexacom
Q3 : 27
Q4 : Mutual Fund
 [Financial Year 24-25 Contest] Comment and Win Amazon Gift Cards and Prime Vouchers for Rs. at ){kind=link}
 [Financial Year 24-25 Contest] Comment and Win Amazon Gift Cards and Prime Vouchers for Rs. at ){kind=link}
Day 2, Set 1
Day 2, Set 2
Day 2, Set 3
Day 3, Set 1
Day 3, Set 2
Day 3, Set 3
Please collect your reward in inbox. Thanks for participation.
Amazon Prime Membership Code worth ₹250 has been shared to @MrCritic
Congratulations 🎉😼
Thanks all for the participation. It was lovely to see the answers and learning to me.
Hope you all enjoyed. Your engagements and participations meant a lot.
Stay Blessed, Stay Healthy 🥰
Happy Desidiming. 🥂