fin quiz

What is Financial Literacy ?

• Knowledge about networking

• Knowledge about managing accounts

• Knowledge about coding

• Knowledge necessary to make important financial

  decisions.

What are the advantages offered by bank ?

• Safety

• Over withdrawal facilities

• Interest on deposits

• All of these

KYC means ?

• Know your customer

• know your card

• know your credit score

• none of these

What are the different types of bank accounts?

• Savings account

• Current account

• salary account

• All of the above

What is the importance of financial planning?

• Ensuring financial stability

• Managing expenses

• Investing wisely

• All of the above

Why is it important to have a good credit score?

• Easy access to loans

• better interest on deposits

• lower credit limit

• All of the above

Coins are issued by :

• Reserve bank of India

• Public sector banks

• government of India

• None of these

You should tell everyone your PIN number :

• yes

• no

What is the purpose of a budget?

• To track income and expenses

• To plan for future expenses

• To control spending

• All of the above

What is the importance of creating an emergency fund?

• To have money for unexpected expenses

• To buy luxury items

• To invest in stocks

• None of the above