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FINANCIAL LITERACY GRADE 1-2

Authored by 20190424393 SIDDAVARAM

Mathematics

1st - 2nd Grade

Used 13+ times

FINANCIAL LITERACY GRADE 1-2
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Money is also called ________.

Paper

Currency

Valut

Bank

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Using Money one can buy _________ & _________.

Goods, Services

Goods, emotion

Goods, Pencil

Teaching, Service

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Mr. A went to the United States with his parents, which currency he must use to buy goods and services?

Indian Rupee

US Dollar

Russian Ruble

Sterling Pound

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Miss. Smile is writing assignment, while writing her pencil's nip breaks. She asks her friend Miss. Pinto to give her a sharpener, in return Miss. smile promises her to give an eraser. What is this system of exchange known as?

Money System

Barter System

Sharing System

Paper Money System

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Metal Money is also known as ______.

Coinage

Electronic Money

Paper Money

Plastic

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

First use of paper money happened in________.

India

Sri Lanka

Namibia

China

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Mr. B was going to his friend's house to make him a payment of Rs. 100, his friend is in urgent need of money. On the way to his friend's house, someone stole Mr. B's wallet. Now Mr. B was really tensed as to how he will make payment to his friend. Is there any other way to make payment? Can you help Mr. B? (Mr. B has Rs. 500 in his bank Account)

Mr. B has no option left

Mr. B can make payment through cheque

  Mr. B should search for his wallet

Mr. B should complain to police

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