Duit Right Plus Quiz

When I think of traits of successful people, I think that they:

(You can pick multiple answers)

• Earn a lot of money

• Became famous

• Have a lot of fans & followers

• Work hard and earn it honestly

I think that the only way to earn money is to work in a job. Do you agree or disagree?

• Agree

• Disagree

_______ income is recurring income received from completed work and income-generating assets

What are examples of passive income?

• Royalties received from my published movie “Crash landing on Mars”

• Receiving salary for my job as a farmer

• Payment from customers buying bread from my bakery

• Receiving payment when I'm selling my house

Your friend, Aishah wants to open a bubble tea shop in the future.

What advice will you tell your friend so that she can save more money in the bank?

• Start saving early with small amount

• Start saving later with big amount

• Get a loan from the bank

• Borrow money from loan shark

Aishah’s older brother, Arif saves RM 500.00 in the bank every year, for 2 years to buy a laptop.

The bank gives a compound interest rate of 3%. What is his total bank savings at the end of the 2^nd year?

*He did not take out any money from his bank.

• RM 515.00

• RM 530.45

• RM 1,030.00

• RM 1,045.45

How do we maximise our investment returns?

• By playing safe- Investing 100% in low-risk investments

• By diversification- Investing 50% in low-risk and 50% high-risk investments

• By diversification- Investing 100% in high-risk investments

• By uniformity- Investing 100% in high-risk investments

Your friend, Hamdan from Singapore is here in Malaysia for a visit.

Hamdan has Singapore Dollars and asks for your help to convert to Ringgit Malaysia.

How much Ringgit Malaysia will you get if he exchange:

• 1 SGD = RM 3.50

  200 SGD = RM 700.00

• 1 SGD = RM 0.33

  200 SGD = RM 66.67

• 1 SGD = RM 4.25

  200 SGD = RM 850.00

• 1 SGD = RM 3.00

  200 SGD = RM 600.00

You are going to London for a holiday. You wanted to buy tickets to watch English Premier League, a football match with your family. You have Ringgit Malaysia and want to convert to British Pound.

You are at a Malaysia Money Changer. The signboard at the money changer shows:

How much British Pound will you get from:

• RM 1 = £ 0.19

  RM 500 = £ 96.15

• RM 1 = £ 0.18

  RM 500 = £ 87.82

• RM 1 = £ 0.33

  RM 500 = £ 166.67

• RM 1 = £ 5.70

  RM 500 = £ 2,850.00

Which of the following is true about wants and needs?

• Wants are nice things that I can't live without

• Needs are nice things that I can live without

• Needs are things that I can’t live without