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WorksheetsQuiz 1 - Money Today
Total questions: 17
Worksheet time: 34mins
Which of the following is NOT a function of money?
Used to exchange for goods/services
Used to pay for goods/services
Used to set the value of goods/services
Used to get in to debt
Identify the second most traded currency in the world.
Euro
Dollar
Yen
British pound
What do we call money earned or received?
Expenses
Income
Taxes
Deductions
Which of the following methods is a way to check the security features of a £5 note? (Choose two!)
It has an image of Boris Johnson
It has an image Buckingham Palace
Check for the holograms
Check the see through window
Which of the following methods is a way to check the security features of a £10 note? (Choose more than one!)
Feel of polymer and raised print
It has an image of Roald Dahl
Silver foil patch
Check the see through window
Which of the following methods is a way to check the security features of a £20 note? (Choose two!)
Purple foil patch
It has Margaret Thatcher on the note
Ultra-violet number
It is green in colour
Who will be on the new £50 note by the end of 2021?
Alan Turing
William Shakespeare
Stephen Hawking
Charles Darwin
Why do people save money? (There is more than one correct answer...!)
To save for the future
To keep money safe
To have money for unplanned events
To get out of debt
Where can you save money? (There is more than one correct answer...!)
Bank
Credit Union
Building society
Piggy bank
What is the MOST used bank note in the UK?
£5
£10
£20
£50
What is the LEAST used bank note in the UK?
£5
£10
£20
£50
What is the most common way to pay for things in the UK?
Debit Card
Credit Card
Cash
Online transfers
You spend £8.45 at the supermarket self service till. How much change will you get from £10?
£2.55
£1.55
£0.55
None
If you were going to America, what currency would you need?
Pound
Euro
Dollar
Yen
A cinema ticket costs £6 every day except Wednesday when it is half price. How much would a group of four friends save by going on a Wednesday instead of a Friday?
£3
£6
£12
£24
Where can you save money if you want to earn INTEREST? (There is more than one correct answer...!)
Bank
Under your mattress
Building society
Piggy bank
The first ever paper money was used in which country?
China
England
Italy
Egypt
