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Worksheets

financial literacy

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

. Which of the following contribute towards making online transactions secure?

a)

Unique transaction ID

b)

Unique server ID

c)

Unique PC ID

2.

What is the name of the institution that governs the policies for other banks to follow?

a)

SBI

b)

RBI

c)

CBI

3.

Choose the correct full form of NEFT a) National Electrical Fund Transfer b) National Electronic Funds Transfer c) Nationwide Electronic Fund Transact

a)

National Electrical Fund Transfer

b)

National Electronic Funds Transfer

c)

Nationwide Electronic Fund Transact

4.

Card PIN numbers should be shared with friends and family.

a)

TRUE

b)

FALSE

5.

QR codes make it easy and convenient to make payments through mobile wallets.

a)

TRUE

b)

FALSE

6.

Digital payments can be made ________ of the day.

a)

ANYTIME

b)

IN CERTAIN HOURS

c)

IN OFFICE HOURS

7.

Digital banking allows the bank customers to avail banking services using the bank’s website or a __________.

a)

ATM

b)

MOBILE APP

c)

BANK BRANCH

8.

SAVINGS IS EQUAL TO

a)

INCOME - INVESTMENT

b)

INVESTMENT

c)

INCOME - EXPENSES

9.

WHICH OF THE FOLLOWING ACCOUNTS OFFERS HIGHEST RATE OF INTEREST

a)

CURRENT DEPOSIT ACCOUNT

b)

SAVINGS DEPOSIT ACCOUNT

c)

FIXED DEPOSIT ACCOUNT

d)

RECURRING DEPOSIT ACCOUNT

10.

The cheque amount should be wriiten as far to the ____________as possible.

a)

left

b)

right

c)

centre