Personal Finance in India: Managing Your Wealth Wisely

Personal Finance in India: Managing Your Wealth Wisely

12th Grade

25 Qs

quiz-placeholder

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Personal Finance in India: Managing Your Wealth Wisely

Personal Finance in India: Managing Your Wealth Wisely

Assessment

Quiz

Financial Education

12th Grade

Hard

DOK Level 1: Recall

Standards-aligned

Created by

Sarika .

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key aspect of personal finance mentioned in the guide?

Fashion trends

Debt management

Culinary skills

Social media presence

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a common debt instrument?

Stocks

Bonds

Real estate

Commodities

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

NPS offers additional tax benefits under which section?

Section 80C

Section 24(b)

Section 80CCD(1B)

Section 10(10D)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Effective personal finance management helps in _______.

Building a safety net

Increasing debt

Reducing income

Ignoring expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Understanding personal finance is vital for _______.

Financial security

Ignoring investments

Increasing debt

Avoiding savings

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does personal finance encompass?

Budgeting, saving, investing

Cooking, cleaning, gardening

Traveling, shopping, dining

Painting, sculpting, drawing.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of retirement planning?

To insure vehicles

To maintain lifestyle after working

To cover medical expenses

To invest in stocks.

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