Financial Literacy Quiz

We should keep our savings with banks because

• It is safe

• Earns interest

• Can be withdrawn anytime

• All of above

ATM password to be shared only with

• Spouse

• Obedient son

• Obedient daughter

• None of above

KYC means

• Know your customer

• Know your character

• Both of above

• None of above

Loans from money lenders are

• With High rate of interest

• No proper accounting

• No transparency

• All of above

Life insurance means

• Insurance of human

• Insurance of life of human and Cattle

• Insurance of Life of Machines

• All of above

General Insurance relates to insurance against

• Fire

• Theft

• Burglary

• All of above

Bank provides loans for

• Home

• Car

• Education

• All of above

Which currency note has security thread?

• Rs.50/-

• Rs.100/-

• Rs.500/-

• All of above

The safest place for keeping money

• A pit dug in the ground

• An iron box

• Bank

• Money lender

Gold and silver ornaments should be kept in bank lockers

• It is safe

• No risk of theft

• Both (a) & (b)

• None of above