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Finance Unbox-ED ($) - Grade 3-5 - Session 006 - Quiz 1

Authored by Bhairav Shah

Business

1st - 5th Grade

Finance Unbox-ED ($) - Grade 3-5 - Session 006 - Quiz 1
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Savings is the money we set aside from our income for the future

True
False

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following are the reasons for us to save?

Our future is uncertain and we could have unexpected expenses or events
In order to meet our planned expenses
In order to buy high value items for which we do not have enough money now
All of the above

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following are the reasons for us to save?

So we can invest and create wealth
So we can take more loans for things we want
Start your own business
Build a retirement corpus for when we stop working

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Spending all our money and not saving any for the future is?

Instant Gratification
Delayed Gratification

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who said this about delayed gratification - "Someone is sitting in the shade today because someone planted a tree a long time ago"

Benjamin Graham
Carl Icahn
George Soros
Warren Buffet

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