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Worksheets1st year Chapter 7-11
Total questions: 15
Worksheet time: 5mins
Tax that must be paid on any interest earned on savings in a deposit account is called
AER
CAR
PAYE
DIRT
Which of the following can you NOT borrow money from
Credit Union
Allied Irish Bank
Aviva
An Post
What does AER stand for
Annual Equality Rate
Annual Equivalent Rate
Actual Equivalent Rate
Annual Equivalent Ratio
Which of the following is NOT one of the 3 R's of Redress
Redistribute
Replace
Repair
Refund
Which is an example of a long term loan?
Hire purchase
Leasing
Mortgage
Credit Card
Meeting the needs of the present without stopping future generations is called:
Ethical development
Sustainable development
Globalisation
CSR
Who examines complaints from people who feel they have been unfairly treated by a public body?
Trade associations
Small Claims court
CCPC
Ombudsman
CAI
An application form for insurance is called
Proposal Form
Insurance form
Premium form
Insurance Policy
Fill in the blank: Sale of Goods and Supply of services act _________
1970
1980
1990
1985
Which of the following is NOT a principle of insurance?
Contribution
Indemnity
Subrogation
Assurance
Fill in the blank: Basic premium + ________ - discounts= Total premium
Percentage
Loading
No claim bonus
Compensation
Which of the following is NOT under the Consumer Protection Act 2007
Anti-consumer practices
Information about prices
Competition
Advertising
To calculate how much will be paid to the insured person we use
Premium calculations
Claim calculations
No claims bonus
Average clause
Which of the following is NOT proof of purchase
The method of payment
Date and time
Your Name
The total amount paid
A sum of money that is owed or overdue is called:
Money to be paid back
Wages
Debt
Leasing
