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To find out the level of financial literacy worldwide, Standard & Poor’s, Gallup, the World Bank and the George Washington University conducted a survey: More than 150’000 adults in 140 countries were quizzed on their understanding of financial concepts: Here’s the quiz: 1. Risk Diversification: Question: Suppose you have some money. Is it safer to put your money into one …
Read More »Financials – To know or not to know
