Financial literacy
Quiz
•
English
•
7th Grade
•
Practice Problem
•
Hard
Nayan Verma
FREE Resource
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What are the main ideas for financial literacy
regarding money,
investing money,
managing debts,
spending money,
getting loans
saving money,
spending money while in debt
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Where does our money come from?
Where does our money come from?
investing money
saving money
jobs and salary
all of the above
3.
FILL IN THE BLANK QUESTION
1 min • 2 pts
our account can be hacked until and unless we _____ ___ ________.
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
How much money should you put into savings every month?
How much money should you put into savings every month?
0 $
1000 $
500 $
400$
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What's the maximum debt-to-income ratio you should have to maintain financial stability?
What's the maximum debt-to-income ratio you should have to maintain financial stability?
36 % to 45%
10%
20 to 21 %
1%
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
savings are necessary for emergencies like parties and more
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Why finance is important?
It's for parties and enjoyments
It provides companies with the necessary funds to start, operate and expand their operations.
It provides companies with the necessary debts to start, operate and expand their operations
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